Touch ‘n Go GO+ Fund Now Shariah-compliant
Touch ‘n Go has recently announced that Principal e-Cash Fund, the underlying fund for Touch ‘n Go’s GO+ is now shariah-compliant.
Touch ‘n Go GO+ now shariah-compliant
The news means that the GO+ fund is Malaysia’s first shariah-compliant eWallet product. With it, users can gain access to money market investments for as low as RM10 and earn the same potential return on daily basis while being abel to use the funds for all transactions over its eWallet.
GO+ was launched back in March 2021 as the company’s first step into digital financial services. The company claims that the platform has surpassed 1.2 million users. It is available for users who are Malaysian citizens above 18 years old.
Pokdepinion: I was a bit reluctant to use the service back when it was launched. Seeing how they’ve cleared things up, I guess it’s fine to jump in now.