🏆 2025 Top Picks

Best ETF in
Malaysia — 2025

Every Bursa-listed ETF ranked honestly by category — fees, liquidity, benchmark quality, and suitability for Malaysian investors. No sponsored picks. No commission bias.

📅 Updated March 2025
🔢 16 ETFs reviewed
💡 Independent analysis
📌 How We Rank

Our rankings are based on: total expense ratio (lower is better), benchmark quality (is it tracking a meaningful index?), liquidity (can you buy and sell easily?), AUM size (is the fund sustainable?), and Bursa track record. We do not accept payment for rankings.

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All ETFs 🥇 Gold 🌍 Global / US 🕌 Shariah 💰 Dividend 🇲🇾 Malaysia
🥇
Best Gold ETFs in Malaysia
Inflation hedge · Portfolio stabiliser · Shariah-compliant options
1
0828EA
TradePlus Shariah Gold Tracker ETF
Gold Shariah
Malaysia's first Shariah-compliant gold ETF. Tracks the price of physical gold in MYR, managed by AmInvest. Backed by BIMB as Shariah adviser. Best way for Malaysian investors — especially Muslim investors — to get gold exposure without physical storage headaches.
Annual Fee0.40%
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ManagerAmInvest
Since2017
🥇 Best Gold ETF in Malaysia
Live · Bursa
Full Guide →
Show details & why we picked it

The TradePlus Shariah Gold Tracker is the standout choice for Malaysian gold investors. At 0.40% TER it is competitive globally, and the Shariah certification makes it accessible to Muslim investors who cannot hold conventional gold products. The fund holds unallocated gold certificates from approved Islamic gold providers, giving you genuine gold price exposure without physical storage costs or purity concerns.

Stock Code
0828EA
Total Expense Ratio
0.40% p.a.
Fund Manager
AmInvest (Am Islamic Funds)
Shariah Adviser
BIMB Investment
Benchmark
Gold Spot Price (USD/oz) in MYR
Min Units
100 units
🌍
Best Global & US Market ETFs
Diversify beyond Malaysia · US and global equity exposure
1
0827EA
EQ8 Dow Jones US Titans 50 ETF
US Exposure Shariah
Tracks the top 50 US Shariah-compliant blue-chip companies — Apple, Microsoft, Alphabet, Nvidia, and more. The best single ETF for Malaysian investors wanting affordable exposure to America's largest companies, with full Shariah compliance. MYR-denominated but USD-driven returns.
Annual Fee~0.50%
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ManagerEQ8 Capital
IndexDJ US Titans 50
🌍 Best US Exposure ETF for Malaysians
Live · Bursa
Full Guide →
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The EQ8 US Titans 50 is a compelling option because it gives Malaysian investors exposure to America's 50 largest Shariah-compliant companies through a single Bursa-listed ETF. You get Apple, Microsoft, and other tech giants in a halal wrapper, priced in MYR, bought through your normal stockbroker. The Dow Jones Titans methodology is well-established, and the 50-stock concentration is a feature for long-term quality investors — these are the most dominant businesses on earth.

Stock Code
0827EA
Approx TER
~0.50% p.a.
Fund Manager
EQ8 Capital Sdn Bhd
Benchmark Index
Dow Jones Islamic Market US Titans 50
Currency Risk
Yes — USD/MYR affects returns
Shariah
Yes — fully certified
⚠️ Currency Risk

This ETF is priced in MYR but the underlying assets are in USD. When MYR strengthens against USD, your returns are dampened. When MYR weakens, your returns are amplified. For most long-term investors this is manageable, but be aware of this dynamic.

2
0825EA
EQ8 MSCI South East Asia Islamic Dividend ETF
SEA Region Shariah Dividend
Tracks high-dividend Shariah-compliant companies across Southeast Asia — Malaysia, Singapore, Thailand, Indonesia, and Philippines. Good for regional diversification beyond Malaysia with income focus.
FocusSEA dividends
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ManagerEQ8 Capital
✓ Good for SEA regional diversification
Live · Bursa
Full Guide →
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The EQ8 SEA Dividend ETF is a strong complement to a US ETF position. Covering Malaysia, Singapore, Thailand, Indonesia and the Philippines, it gives genuine regional diversification for investors who believe Southeast Asia's growth story is still undervalued. The dividend focus adds income alongside capital growth, and full Shariah compliance makes it accessible to Muslim investors.

Stock Code
0825EA
Benchmark
MSCI SEA Islamic Dividend
Coverage
MY, SG, TH, ID, PH
Shariah
Yes — certified
💰
Best Dividend ETFs in Malaysia
Regular income · High-yield focus · Passive cashflow
1
0824EA
EQ8 MSCI Malaysia Islamic Dividend ETF
Dividend Shariah Malaysia
Tracks high-dividend-yielding Shariah-compliant Malaysian companies. Top holdings include major Bursa-listed companies with strong dividend histories. Ideal for investors who want local market income from quality Malaysian businesses.
FocusMY dividends
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ManagerEQ8 Capital
No FX Risk✓ MYR only
💰 Best Malaysia Dividend ETF
Live · Bursa
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For investors who want local market exposure with an income bias, the EQ8 Malaysia Islamic Dividend ETF stands out. It tracks Malaysian Shariah-compliant companies screened specifically for high dividend yield, giving you a systematic way to capture dividend income from Malaysia's quality businesses without stock-picking. Zero currency risk — everything is in MYR.

Stock Code
0824EA
Benchmark
MSCI Malaysia Islamic Dividend
Currency Risk
None — MYR only
Shariah
Yes — certified
🇲🇾
Best Malaysia Market ETFs
Local economy exposure · FBM KLCI · Broad Malaysian market
1
0820EA
FTSE4Good Bursa Malaysia ETF
Malaysia ESG
Tracks the FTSE4Good Bursa Malaysia index — Malaysia's ESG (Environmental, Social, Governance) screened index. Covers large and mid-cap Malaysian companies that meet global sustainability standards. The best choice for investors who want broad Malaysian market exposure with an ESG lens.
FocusMalaysia ESG
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IndexFTSE4Good BM
🇲🇾 Best Malaysia Broad Market ETF
Live · Bursa
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FTSE4Good Bursa Malaysia ETF is the most credible broad Malaysian equity ETF. The FTSE4Good methodology is globally recognised, and the ESG screening removes companies with poor governance and environmental records — often leading to better long-term performance by avoiding corporate scandals. For investors who want Malaysia market exposure with institutional-quality index construction, this is the top pick.

Stock Code
0820EA
Benchmark
FTSE4Good Bursa Malaysia
ESG Screened
Yes
Currency Risk
None — MYR only
2
0821EA
EQ8 Dow Jones Malaysia Titans 25 ETF
Malaysia Shariah
Tracks the 25 largest Shariah-compliant Malaysian companies by market cap. A concentrated blue-chip Malaysia ETF for investors who want local large-cap exposure within a Shariah framework. The oldest ETF in this family — well-established and liquid.
HoldingsTop 25 MY
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ManagerEQ8 Capital
✓ Strong Shariah Malaysia ETF
Live · Bursa
Full Guide →
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The EQ8 Dow Jones Malaysia Titans 25 was one of Malaysia's earliest Shariah ETFs — formerly the MyETF DJIM25 before rebranding under EQ8 Capital. It holds the 25 largest Shariah-compliant Malaysian companies, making it a concentrated blue-chip play. For Muslim investors who want pure Malaysian exposure with an established track record, this is a solid choice.

Stock Code
0821EA
Benchmark
DJ Islamic Market Malaysia Titans 25
Formerly Known As
MyETF DJIM25
Shariah
Yes — certified
🗂️ Suggested ETF Portfolio Combinations
Simple model portfolios built from Bursa-listed ETFs
🌱 Starter 📈 Growth 💰 Income 🕌 All Shariah

Simple 2-ETF portfolio for beginners. Maximum simplicity, low fees, global + gold diversification. Rebalance annually.

EQ8 US Titans 50 0827EA — US equity core
70%
0827EA
TradePlus Shariah Gold 0828EA — Hedge & stabiliser
30%
0828EA

Growth-oriented 3-ETF portfolio. Higher equity allocation with SEA regional diversification alongside US core. Accepts more volatility for higher long-term return.

EQ8 US Titans 50 0827EA — US growth core
60%
0827EA
EQ8 SEA Islamic Dividend 0825EA — Regional diversifier
25%
0825EA
TradePlus Shariah Gold 0828EA — Hedge
15%
0828EA

Income-focused portfolio emphasising dividend ETFs for regular cashflow. Lower growth potential but generates consistent income. Suitable for investors in or near retirement.

EQ8 Malaysia Islamic Dividend 0824EA — Local income
40%
0824EA
EQ8 SEA Islamic Dividend 0825EA — Regional income
30%
0825EA
TradePlus Shariah Gold 0828EA — Preservation
30%
0828EA

100% Shariah-compliant 4-ETF portfolio. Diversified across US, SEA, Malaysia, and gold — all certified halal. Suitable for Muslim investors who require full Shariah compliance across every holding.

EQ8 US Titans 50 0827EA — US core
40%
0827EA
EQ8 Malaysia Islamic Dividend 0824EA — Local
25%
0824EA
EQ8 SEA Islamic Dividend 0825EA — SEA
15%
0825EA
TradePlus Shariah Gold 0828EA — Hedge
20%
0828EA

These are illustrative model portfolios for educational purposes only. Not personalised investment advice. Consult a licensed financial adviser for advice suited to your specific situation.

FAQ

Which is the single best ETF to buy in Malaysia for a beginner?
For most beginners, a single starting point is the EQ8 Dow Jones US Titans 50 (0827EA) — it gives you exposure to America's 50 largest Shariah-compliant companies in one trade, is priced in MYR, and has competitive fees. If you also want a diversification anchor, add TradePlus Shariah Gold (0828EA) at 20–30% of your portfolio. Two ETFs, maximum simplicity, good long-term diversification.
What is the best halal ETF in Malaysia?
Multiple ETFs on Bursa Malaysia are Shariah-certified: the entire EQ8 series (0821EA, 0824EA, 0825EA, 0827EA) and TradePlus Shariah Gold (0828EA). For the best all-round halal ETF for growth: 0827EA (US Titans). For gold: 0828EA. For Malaysian dividends: 0824EA. All are formally certified by recognised Shariah advisers and are updated regularly to maintain compliance.
Should I buy ETFs on Bursa or US ETFs like VOO or QQQ?
Both are valid, but they have different considerations. Bursa ETFs are simpler — you buy in MYR through your normal broker with no additional paperwork. US ETFs (VOO, QQQ) require a foreign broker account, are denominated in USD, and subject to US estate tax for non-resident aliens (potentially 40% on holdings over USD 60,000 at death). US ETFs typically have lower fees and more liquidity. For Muslim investors, Bursa ETFs offer Shariah-certified options not easily available on US exchanges. For large portfolios (RM 500,000+), the lower fees of US ETFs may justify the added complexity.
Is there an S&P 500 ETF in Malaysia?
There is no direct S&P 500 ETF listed on Bursa Malaysia. The closest alternatives are: EQ8 US Titans 50 (0827EA) which tracks the 50 largest US Shariah-compliant companies, and the SPDR S&P 500 ETF (SPY) or Vanguard S&P 500 ETF (VOO) which are available via foreign brokers like moomoo or Tiger Brokers. For Shariah-compliant S&P 500-like exposure on Bursa, 0827EA is currently the best available option.
How many ETFs should I hold in my portfolio?
Two to four ETFs is enough for most Malaysian individual investors. Over-diversifying across 8–10 ETFs often leads to over-complication without meaningfully reducing risk — especially if multiple ETFs track similar markets. A simple 2-ETF portfolio (e.g. 0827EA + 0828EA) is a perfectly valid long-term strategy. Add a third ETF only if it genuinely adds a distinct market exposure you don't already have.