The percentage of income distribution apportioned for waqf purposes varies from one fund to another and is subject to the respective waqf arrangement. The percentage of income distribution apportioned for waqf purposes will be disclosed in the product prospectus and other relevant disclosure as set out in the document offering.
For more information on REIT and ETF products and Guidelines on Islamic Capital Market Products and Services, please visit the following links:
A detailed FAQ on general REIT product
A detailed FAQ on general ETF product
Guidelines on Islamic Capital Market Products and Services
Frequently Asked Questions – Guidelines on Islamic Capital Market Products And Services