About Amanah Saham Bumiputera

Amanah Saham Bumiputera (ASB) is a unit trust fund for Malaysian Bumiputeras and almost a must to own. However not everyone understands what ASB is and what makes it so attractive. Here, we explain what makes ASB loans so attractive for investors.

About ASB Loans

There are many people who want to buy into Amanah Saham Bumiputera (ASB), but do not have money to buy a significant amount. Certain banks provide ASB loans for investors to finance their investments into Amanah Saham Bumiputera (ASB). But the question that many people have– Are ASB loans worth taking up?

The Basics of ASB Loans
Like the ASB fund, ASB loans are only open to Bumiputeras. After submitting all income documents to the lending bank, the customer will have to open an ASB account with the bank. Once the loan application is approved, the lending bank will credit the loan amount directly into the customer’s ASB account.