MALAYSIA: Principal Asset Management launched the Principal Islamic Enhanced Liquidity Fund (Class AR) on the 11th November 2025. Established as a multi-class fund, where more investor classes can be added without prior consent, the initial subscription is RM10 (US$2.42). The fund will invest at least 90% of its NAV in short-term Sukuk, short-term Islamic money market instruments and/or short-term Islamic deposits with tenors capped at 12 months.
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