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Comments by Group President & CEO of Maybank on EPF’s Dividend Payout

11 February 2018

4 min read

It is a very encouraging performance by the EPF to give a dividend rate higher than their target of 2% above the inflation rate of 3.7% last year.

This is an above par performance especially considering that global interest rates are still below what we consider to be a "normal" interest rate environment.

While we note the difference in dividend rate between the conventional and syariah accounts, we believe that with time and the availability of more Syariah-compliant investment instruments, the EPF will be able to achieve some level of parity in the returns for these accounts.