You can now reduce the risk of your investment portfolio by investing in the cash market!
What are money market funds?
Money market funds handle large amounts of cash. Therefore, when it wants to place cash with the bank (such as placing cash in a Fixed Deposit), it has the power to request a better rate of return from individuals.
Since it is essentially lending money to a bank, it is also considered very low risk because it is backed by the bank.
Good news for you Wahed offers you the opportunity to invest Money Market Fund with a return of 2.39% per annum.
Especially for Thecekodok readers, Wahed Invest will give you attractive incentives when you open a Wahed Invest account for the first time. If you successfully open an account, you need to enter a minimum deposit of RM100 into the account and you only need to enter the referral code "MOHISM487" to receive an additional reward of RM10 which will be credited to your account later.
Download the app https://app.wahedinvest.com/referral