Eq8 Capital Eq8 Dow Jones Islamic Market Malaysia Titans 25 ETF (EQ8MY25)
Islamic Investing in Labuan
The first Shariah ETF listed in Asia, launched on Bursa Malaysia on 21 January 2008 as MyETF-DJIM25 and now branded EQ8MY25. Tracks the Dow Jones Islamic Market Malaysia Titans 25 Index of the 25 largest Shariah-compliant Malaysian companies. Management fee 0.40% per annum, trustee fee 0.05%, stock code 0821EA (fund page, crawled 2026-08-06).
EQ8MY25 is the benchmark cost setter for halal Malaysian equity: 0.40% a year against 1.50% for the active flagships, with the index and Amanie doing the screening. Its 2008 listing gives it a longer live record than most active Islamic funds can show. The manager's 2025 conversion to a conventional FMC is worth monitoring as a signal, but the deed-level Shariah requirements and adviser remain in place. For DIY investors with a broker, this is the natural core holding (fund page and notices, crawled 2026-08-06).
Pros
- Cheapest Malaysian halal large-cap exposure available
- Intraday liquidity on Bursa Malaysia
- 17-year listing history
Cons
- Requires a brokerage account, unlike unit trusts sold by agents
- 25-stock concentration in one market
- Manager's 2025 shift to conventional FMC status means the house is no longer Islamic-only, even though this fund's compliance framework is unchanged
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Product Details
Type
etf
Expense Ratio
0.40% management, 0.05% trustee
Min Investment
One board lot (100 units) via any Bursa Malaysia broker
Fee
0.40% per year
Screening Method
Dow Jones Islamic Market Malaysia Titans 25 Index screening with Amanie Advisors oversight
Eq8 Capital in Labuan
Eq8 Capital's Eq8 Dow Jones Islamic Market Malaysia Titans 25 ETF (EQ8MY25) is accessible to investors in Labuan, structured as Shariah-screened index ETF: Islamic funds and portfolios in Malaysia are national digital products, so region matters less than fees and governance. The product reports an expense ratio of 0.40% management, 0.05% trustee. Minimum investment: One board lot (100 units) via any Bursa Malaysia broker. Eq8 Capital operates across Malaysia, so Labuan residents have full access to this product.
How Eq8 Capital Works
Open a brokerage and CDS account
Any Bursa Malaysia broker provides access; Islamic broking windows are available for full-chain compliance.
Buy ETF units on-exchange
Trade board lots of 100 units using limit orders given modest liquidity.
Hold for index returns
0.40% management accrues inside the fund; dividends distribute per each ETF's policy.
Financing Structure
Exchange-traded funds listed on Bursa Malaysia tracking Shariah-screened indices (Dow Jones Islamic Market, MSCI Islamic), with Amanie Advisors as Shariah adviser and deed-level Shariah requirements (crawled 2026-08-06).
In-Depth Analysis
Eq8 Capital (formerly i-VCAP Management, the MyETF brand) is Malaysia's Islamic ETF house, wholly owned by Kenanga Investors. Its flagship EQ8MY25 listed on 21 January 2008 as the first Shariah ETF in Asia, tracking the Dow Jones Islamic Market Malaysia Titans 25 Index at 0.40% management (fund pages, crawled 2026-08-06).
The range covers Malaysian large caps (EQ8MY25), Malaysian Islamic dividend stocks (EQ8MID, MSCI index, listed 2014), US screened mega-caps (EQ8US50, listed 2018), Southeast Asian dividend (EQ8SID) and the waqf-featured EQ8WAQF. All are advised by Amanie Advisors with index-level Shariah screening.
The governance event investors should know: on 30 May 2025 the SC approved Eq8's change from Islamic Fund Management Company to conventional FMC so it can launch conventional ETFs too. The company's notice states all five Islamic ETFs 'will continue to be managed in full compliance with Shariah requirements' under their deeds and prospectuses (notice dated 12 June 2025, crawled 2026-08-06). Fund-level compliance machinery is unchanged, but the house is no longer Islamic-only, which conviction-driven investors may weigh.
Shariah Compliance Details
- Amanie Advisors Sdn Bhd as Shariah adviser across the Islamic ETF range (crawled 2026-08-06)
- Index-level screening by Dow Jones Islamic Market and MSCI Islamic methodologies
- 12 June 2025 notice commits existing Islamic ETFs to continued Shariah compliance after the entity-type change
How Eq8 Capital Compares
Eq8's ETFs are the cost benchmark every active Islamic fund must justify itself against: 0.40% versus 1.50% typical active fees. The trade-offs are access (brokerage needed) and liquidity. Within the Kenanga group, the same US exposure sells as a unit trust at up to 1.20% for non-brokerage investors.
Same group's active and unit trust wrapper options for non-brokerage investors.
Robo-managed global halal diversification without picking individual ETFs.
Bottom Line
The cheapest halal building blocks in Malaysia. Use limit orders, and monitor the manager's post-2025 dual-shelf direction as a governance signal even though the Islamic ETFs' compliance is contractually anchored.
Read full Eq8 Capital reviewShariah Compliance & Oversight
Amanie Advisors Sdn Bhd as Shariah adviser; Dow Jones Islamic Market index screening (fund page, crawled 2026-08-06).
2026-08-06
Why It's Halal
The benchmark index applies Dow Jones Islamic Market screening for business activities and financial ratios, and Amanie Advisors Sdn Bhd is the ETF's appointed Shariah adviser (fund page, crawled 2026-08-06). One governance note investors should know: manager Eq8 Capital Sdn Bhd, a wholly-owned Kenanga Investors subsidiary, received SC approval on 30 May 2025 to change its entity type from Islamic Fund Management Company to conventional FMC so it can also launch conventional ETFs; the company's notice states the five existing Islamic ETFs including EQ8MY25 'will continue to be managed in full compliance with Shariah requirements' under their deeds and prospectuses (Eq8 notice dated 12 June 2025, crawled 2026-08-06). The fund-level Shariah machinery, index screen plus Amanie oversight, is unchanged.
Regional Availability
Eq8 Capital serves all of Malaysia
✓ Available nationwide including Labuan
Start Investing: Eq8 Capital
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NationwideHalal Investment Growth Estimate
See how your halal investments could grow over time
Total Value
RM 343,778
Contributed
RM 130,000
Growth
RM 213,778
Hypothetical projection. Past performance does not guarantee future results.
Compare FundsFrequently Asked Questions
What is Eq8 Capital Eq8 Dow Jones Islamic Market Malaysia Titans 25 ETF (EQ8MY25)?
Why is Eq8 Capital Eq8 Dow Jones Islamic Market Malaysia Titans 25 ETF (EQ8MY25) considered halal?
Is Eq8 Capital Eq8 Dow Jones Islamic Market Malaysia Titans 25 ETF (EQ8MY25) available in Labuan?
What Shariah oversight does Eq8 Capital have?
What financing structure does Eq8 Capital Eq8 Dow Jones Islamic Market Malaysia Titans 25 ETF (EQ8MY25) use?
How do I apply for Eq8 Capital Eq8 Dow Jones Islamic Market Malaysia Titans 25 ETF (EQ8MY25) in Labuan?
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Important: HalalWallet provides educational information and comparisons to help you explore halal financial options. We do not provide financial, legal, or religious advice. Product structures and Shariah compliance oversight vary by provider. Always verify halal compliance directly with providers and consult with qualified Islamic finance advisors or scholars for guidance on specific products and your individual circumstances.