The calculation of the income distribution and bonus are based on the average monthly minimum balance (MMB) for year 2024, the formula is as follows:

Income distribution calculation

Total Monthly Minimum Balance for the Year	X	Income Distribution Rate
12 Months

Bonus calculation

Total Monthly Minimum Balance for the Year	X	Bonus Rate
12 Months

The distribution policy for ASB is the fund will distribute earnings from its income, if any, to the unit holders, at the Manager’s discretion and subject to approval from the Trustee.

Since its inception, ASB has been paying out income distribution on an annual basis, with rates differing after considering the fund’s performance during each financial year.

All unit holders with a minimum balance of 1 unit in ASB at the financial year end of 2024 are entitled to receive the bonus distribution.

The income distribution and bonus will be reinvested as additional units and automatically credited into unit holders’ ASB accounts on 1 January 2025.

Unit holders may view and check their income distribution and bonus from 12pm onwards on 1 January 2025, via myASNB portal & mobile application, kiosk, and real time online banking platform by ASNB Agents. Meanwhile, checking at the physical counters of ASNB and agents can be made starting 2 January 2025.

The income distribution statement shall be sent together with the Manager’s report within 2 months from the financial year end of 31 December 2024.

Yes, the amount of income distribution and bonus will be displayed separately in the transaction description in myASNB and ASB annual statement.

The transaction of income distribution and bonus will be displayed as follows:

Transaction Type	Display in myASNB/annual statement
Income Distribution Bonus	Distribution Bonus

All income distributions and bonuses received from ASNB unit trust funds, including ASB, are classified as permissible or 'Harus' and comply with Shariah requirements approved by the Jawatankuasa Muzakarah Majlis Kebangsaan Bagi Hal Ehwal Agama Islam Malaysia (MKI) and all State Fatwa Committee (Jawatankuasa Fatwa Negeri).

Unit holders may refer to respective state zakat collection bodies for assistance in calculating zakat payable on their ASB investments, or use online zakat calculators provided by these state zakat collection bodies, if available.

Note: Zakat calculator service on myASNB platform is temporarily unavailable due to ongoing maintenance.

Yes, wakaf units that have been transferred to MAIWP (Majlis Agama Islam Wilayah Persekutuan), as the trustee of Wakaf ASNB, are still entitled to receive ASB income distribution and bonus. These payments will be credited to the Wakaf Distribution Account and subsequently channeled to wakaf projects.

Global equity markets continued their strong performance in 2024, supported by moderating inflation, which allowed central banks such as the US Federal Reserve and the European Central Bank to begin easing monetary policy.

Additionally, the increasing adoption of generative artificial intelligence (Gen AI) continued to drive the share price performance of the US Magnificent 7 stocks. Furthermore, Trump’s victory in the US Presidential Election boosted US stock markets on the expectations that his pro-growth policies would support a stronger economy as well as corporate earnings. MSCI ACWI Islamic Index (MIWD) advanced 8.1% from 1,753.83 on December 31, 2023 to 1,895.48 on December 9, 2024.

Meanwhile, strong domestic equity market performance was driven by the government’s key economic initiatives such as the New Industrial Master Plan (NIMP) and the National Energy Transition Roadmap (NETR), along with earnings tailwinds. FTSE Bursa Malaysia Kuala Lumpur Composite Index (FBM KLCI) climbed 10.8% from 1,454.66 to 1,611.43 during the same period.

Favorable market conditions, complemented by ongoing diversification efforts, enabled ASB to achieve solid performance and deliver competitive returns to unit holders.

The fund will continue its diversification journey towards an all-weather portfolio to consistently deliver competitive and sustainable returns to unit holders and adopt an active management portfolio strategy by adjusting asset allocations in response to market trends and economic conditions. For 2025, the key factors that will influence the market conditions include Trump's pro-growth policies, as well as Malaysia's continuous fiscal reforms and FDI inflows.

Unit holders are advised to continue investing in ASB for the long term, either using their own funds or through bank financing, to maximise the benefits of compounding returns.

ASB financing is a credit facility offered by banks appointed by ASNB, to investors who wish to invest in ASB in the form of forced savings. Investors who take up ASB financing would need to give full commitment to pay the monthly instalments and thus it is important to ensure that their financing amount aligns with their repayment capability over the long term. In other words, investors should be able to pay the monthly instalments using their own funds rather than relying on ASB income distributions to cover the loan repayments to maximise the benefit of investing in ASB.

Today, ASB investors can take advantage of a variety of accessible digital investment platforms, including the myASNB portal and mobile application, as well as internet banking services offered by ASNB agents. These platforms make it easy for investors to perform transactions anytime, anywhere. Additionally, investors can opt for the Auto Labur facility, which allows them to set up recurring monthly ASB investments starting from as low as RM10. This automated option simplifies the process of regular investing, enabling investors to save consistently each month according to their financial capacity.

Any questions regarding ASB financing should be directed to the banks offering the financing or the ASNB Customer Service Centre at 03-7730 8899 for assistance in reviewing financing strategies and structures. For all other general inquiries about ASB, investors can also contact the ASNB Customer Service Centre for further assistance.