News

Touch ‘n Go’s Go+ eWallet Is Now Shariah-Compliant

KUALA LUMPUR, Aug 18  — Touch ‘n Go Group and Principal Asset Management (Principal) have jointly announced that the Principal e-Cash Fund, the underlying fund for Touch ‘n Go’s GO+, is now Shariah-compliant.

In a statement,  Touch ‘n Go said this makes GO+ fund Malaysia’s first shariah-compliant eWallet product.

Through this Shariah-compliant fund, Touch ‘n Go eWallet customers will still gain access to low-risk money market investments for as low as RM10 and earn the same potential return on daily basis while being able to use the funds for all transaction over its eWallet.

GO+ was first launched in March 2021 as Touch ‘n Go’s first step into the area of digital financial services.

The GO+ product is anchored on the Principal e-Cash Fund, a money market fund managed by Principal.

The product co-creation collaboration essentially combines Touch ‘n Go eWallet’s expertise in technology and ecosystems and Principal’s core expertise in investment strategy and fund management.

To date, Touch ‘n Go eWallet’s platform GO+ has surpassed 1.2 million users.

GO+ is available to Touch ‘n Go eWallet users who are Malaysian citizens above 18 years old.

For more information and updates about GO+, visit www.tngdigital.com.my.

Sources: BERNAMA

Adib Mohd

Recent Posts

BLACKPINK’s Jisoo and Zayn Malik Announce Epic Collab ‘EYESCLOSED,’ Dropping October 25

BLACKPINK’s Jisoo and Zayn Malik Announce Epic Collab ‘EYESCLOSED,’ Dropping October 25 The world of… Read More

45 minutes ago

Pandora Turns Landmarks Into Luxe, “Icons of Adventure”

From Dubai’s skyline to Hollywood’s Walk of Fame, Pandora’s latest collection celebrates wanderlust with a… Read More

20 hours ago

NakNak’s “Pickle & Play” Brings Food And Fun Together

What happens when Korea-inspired comfort food meets Malaysia’s latest sports craze? You get Pickle &… Read More

21 hours ago

Greta Thunberg Urges the World: “Focus on Gaza, Not Me”

On October 7, renowned Swedish activist Greta Thunberg arrived safely in Paris, France, following a… Read More

22 hours ago

Skechers Brings The Heat To The Court With New Viper Court Collection & Pickleball Apparel

Pickleball is having a moment and Skechers just made it cooler. The Comfort Technology Company™… Read More

1 day ago

Go Organic, Go Authentic, Alce Nero Turns Pasta Into a Feel-Good Lifestyle

Organic, but make it Italian. This September and October, Alce Nero wants Malaysians to celebrate… Read More

1 day ago

This website uses cookies.