The EQ8 MSCI Malaysia Islamic Dividend ETF (0824EA) is a Shariah-compliant, passively managed exchange-traded fund listed on Bursa Malaysia. It tracks the MSCI Malaysia Islamic Dividend Index — selecting Malaysian-listed companies that are both Shariah-compliant and exhibit strong, consistent dividend characteristics.
Unlike a conventional dividend fund, 0824EA excludes companies deriving income from riba (interest), alcohol, gambling, tobacco, weapons, and other non-permissible activities. The result is a portfolio dominated by utilities, consumer staples, industrial conglomerates, and plantation companies that pay reliable dividends year after year.
Passively managed and listed on Bursa Malaysia and Shariah-certified by ISRA Consultancy, this ETF suits investors seeking regular halal income — particularly retirees, income investors, and those who want MYR-based dividend yield without the complexity of stock picking.
Investors who want passive income (dividends) from a diversified basket of Malaysia's Shariah-compliant blue chips — without having to pick individual stocks, monitor corporate announcements, or manage a portfolio of 20+ positions. A single purchase of 0824EA gives you exposure to Malaysia's top dividend payers in one trade.
Indicative Historical Distributions
| Distribution Date | Amount (sen/unit) | Type | Indicative Yield |
|---|---|---|---|
| Dec 2024 | 2.80 sen | Income | ~5.2% |
| 2025 | 1.80 sen | Final | ~1.5% |
| Dec 2023 | 2.75 sen | Income | ~5.1% |
| 2024 | 1.50 sen | Final | ~1.2% |
| Dec 2022 | 2.90 sen | Income | ~5.4% |
⚠️ Distribution amounts are indicative illustrations only. Actual distributions vary and are not guaranteed. Always verify with the official official fund factsheet and Bursa Malaysia announcements before making investment decisions.
At an indicative yield of 4–6%, 0824EA compares favourably to fixed deposit rates (currently ~3.4–3.85% p.a. for 12-month FDs). Unlike FD, the ETF also provides potential capital appreciation — though it also carries market price risk. The dividend is not guaranteed; FD principal and interest are.
Holdings and weightings as at 31 January 2026 (official fund factsheet). 21 constituents total. Rebalanced periodically per MSCI index methodology.
| 0824EA Malaysia Dividend |
0827EA US Titans Growth |
|
|---|---|---|
| Market Exposure | 🇲🇾 Malaysia | 🇺🇸 United States |
| Primary Return Driver | 💰 Dividends (4–6%) | 📈 Capital Growth |
| Currency Risk | MYR only | USD exposure |
| No. of Holdings | ~25–35 stocks | 50 stocks |
| Annual Fee (TER) | ~0.40% | ~0.50% |
| Shariah Compliant | ✅ Yes | ✅ Yes |
| Best For | Income investors, retirees, conservative profiles | Growth investors, long horizon, US tech believers |
A common strategy among Malaysian ETF investors is to hold both 0824EA (for local dividend income and MYR stability) and 0827EA (for long-term US growth exposure). This provides geographic diversification, currency balance, and dual return streams within a fully Shariah-compliant portfolio.
| Fee Type | Amount | Notes |
|---|---|---|
| Management Fee | 0.400% p.a. | Annual management fee |
| Trustee Fee | 0.045% | Deutsche Trustees Malaysia Berhad |
| Total Expense Ratio | 0.505% p.a. | All-in annual cost, silently deducted from NAV |
| Sales Charge | 0% | No upfront load — ETF advantage over unit trusts |
| Brokerage | RM 3–8 / trade | Charged by your stockbroker per order |
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1Open a stockbroker account with CDSAny licensed Malaysian broker works. Rakuten Trade and moomoo offer Shariah investing accounts and low commission. Approval takes 1–3 business days.
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2Deposit funds via online bankingFund your trading account. No minimum deposit on most platforms. Budget for 100 units of 0824EA plus brokerage (RM 3–8).
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3Search code 0824EA and place a buy orderSearch by the stock code 0824EA. Enter the number of units (minimum 100, multiples of 100). Use a Market Order for immediate execution during 9am–5pm, Monday to Friday.
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4Receive dividends semi-annuallyDividends are paid directly into your broker account or bank account (depending on your broker's setup), typically twice a year. Set a calendar reminder to check distribution announcements on Bursa Malaysia.