FatwaSelangorTransactions & Finance
Pandangan Hukum Syarak : PNB Telah Mencapai 75% Kepatuhan Syariah Sehingga September 2020
Is it permissible to invest in Amanah Saham Nasional Berhad (ASNB) under PNB, which has reached 75% Shariah compliance?
Short answer
The Selangor State Fatwa Committee ruled that PNB's investment in ASNB is permissible because it has reached 75% Shariah compliance.
A reference, not a fatwa. First sentence of the summary below — read the original fatwa and consult your state authority before acting.
- Authority
- Selangor State Mufti Department
- Status
- Fatwa committee decision
- Series
- Keputusan Fatwa Tidak Diwartakan
- Topic
- Transactions & Finance
No evidence of gazettement in the source — this is not a gazetted fatwa.
Summary
The Selangor State Fatwa Committee ruled that PNB's investment in ASNB is permissible because it has reached 75% Shariah compliance. The ruling applies on condition that PNB maintains the stated percentage and works to raise it until it is fully Shariah compliant. PNB must also submit a progress report on its Shariah compliance to the Selangor State Fatwa Committee every six months.
Written in our own words from the original fatwa — check the source before acting on it.
Hukum Pelaburan Permodalan Nasional Berhad PNB dalam Amanah Saham Nasional Berhad (ASNB) adalah harus kerana telah mencapai 75% patuh syariah.
Read the full fatwa on the Selangor website (new tab)
How to cite
Cite the original fatwa and its authority. Rujuk Fatwa is only where you found it.
Selangor State Mufti Department. “Pandangan Hukum Syarak : PNB Telah Mencapai 75% Kepatuhan Syariah Sehingga September 2020”, date not stated. https://www.muftiselangor.gov.my/2023/10/27/pandangan-hukum-syarak-pnb-telah-mencapai-75-kepatuhan-syariah-sehingga-september-2020/. Found via Rujuk Fatwa: https://rujukfatwa.com/en/fatwa/ruling-on-investing-in-asnb-pnb-75-percent-shariah-compliant/