KUALA LUMPUR: More than 500,000 people have become victims to illegal investment scams in the country since 2015, said Finance Minister II Datuk Seri Johari Ghani. He said victims were mostly attracted to offers of high investment returns by scammers. On another note, Johari said 50 per cent of retirees would have spent their entire Employees Provident Fund savings within five years. "Of the US$71 billion (RM292 billion) shariah-compliant asset funds being managed, 33 per cent are in Malaysia and the largest number of Islamic funds,” Johari said. Meanwhile, Bursa Malaysia chairman Tan Sri Amirsham A Aziz said the fair was a platform for the retail public to explore, gain knowledge and information on stock market investment and various kind of shariah-compliant capital market investment products.

Source: New Strait Times November 25, 2017 05:37 UTC