Principal Asset Management Principal DALI Equity Growth Fund
Islamic Investing in Perak
Principal Malaysia's flagship Islamic equity fund, launched 7 May 1998, benchmarked against the FTSE Bursa Malaysia EMAS Shariah Index. Application fee up to 6.50% of NAV per unit, management fee up to 1.50% per annum, trustee fee up to 0.045% per annum. Fund size RM745 million with since-inception return of 562% as at 30 June 2026 (fund page, crawled 2026-08-07).
DALI is the strongest performance story among Malaysia's flagship Islamic equity funds: 562% since 1998 against the benchmark's 186% as at 30 June 2026, per Principal's own fund page. The caveat is cost. A 6.50% maximum application fee front-loads a lot of drag, so negotiate the charge or buy through channels that discount it. Investors who mainly want cheap beta on the same screened universe can hold the Eq8 Titans 25 ETF instead, but nothing else on the retail shelf matches DALI's active record (fund page, crawled 2026-08-07).
Pros
- 27-year track record beating its Shariah benchmark since inception (562% versus 186%)
- Clear benchmark makes both performance and screening verifiable
- Part of a global asset manager with a dedicated Islamic subsidiary
Cons
- Application fee up to 6.50% is the highest cap among the flagship Islamic equity funds we compared
- Up to 1.50% annual management fee
- Minimum investment amounts are in the prospectus rather than printed on the fund page
Start Investing
Visit Principal Asset Management's website to learn more and get started.
See pricing & termsOpens Principal Asset Management's site, no obligation
Product Details
Type
mutual_fund
Expense Ratio
Up to 1.50% management, up to 0.045% trustee, up to 6.50% application fee
Min Investment
See prospectus; minimum withdrawal 200 units (fund page, crawled 2026-08-07)
Fee
Up to 1.50% per year of NAV
Screening Method
FTSE Bursa Malaysia EMAS Shariah benchmark with SC SAC screening and Amanie Advisors oversight
Principal Asset Management in Perak
Principal Asset Management's Principal DALI Equity Growth Fund is accessible to investors in Perak, structured as Shariah-compliant equity growth fund: 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 Up to 1.50% management, up to 0.045% trustee, up to 6.50% application fee. Minimum investment: See prospectus; minimum withdrawal 200 units (fund page, crawled 2026-08-07). Principal Asset Management operates across Malaysia, so Perak residents have full access to this product.
Shariah Compliance & Oversight
Amanie Advisors Sdn Bhd named as Shariah adviser in the master prospectus (reviewed 2026-08-06); benchmark FTSE Bursa Malaysia EMAS Shariah Index (fund page, crawled 2026-08-07).
2026-08-07
Why It's Halal
DALI invests in Shariah-compliant Malaysian equities benchmarked to the FTSE Bursa Malaysia EMAS Shariah Index, whose constituents follow Securities Commission Malaysia Shariah Advisory Council screening (fund page, crawled 2026-08-07). Principal's Islamic business operates alongside Principal Islamic Asset Management, the group's dedicated Islamic arm, and the fund's prospectus names Amanie Advisors as Shariah adviser (master prospectus reviewed 2026-08-06). The DALI brand has anchored Malaysian Islamic equity investing since 1998, and the published benchmark makes compliance verifiable: the index provider and the SAC list do the screening, and performance can be checked against a Shariah benchmark rather than a conventional one.
Regional Availability
Principal Asset Management serves all of Malaysia
✓ Available nationwide including Perak
Start Investing: Principal Asset Management
Visit Principal Asset Management's website to get current terms, check eligibility for Perak, and get started today.
See pricing & termsOpens Principal Asset Management's site, you're not committing to anything
Compare With Other Options in Perak
18 other investing products available to Perak residents
Shariah-compliant equity growth fund · Nationwide
NationwideShariah-screened index ETF · Nationwide
NationwideShariah dividend index ETF · Nationwide
NationwideShariah-screened US equity index ETF · Nationwide
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 Principal Asset Management Principal DALI Equity Growth Fund?
Why is Principal Asset Management Principal DALI Equity Growth Fund considered halal?
Is Principal Asset Management Principal DALI Equity Growth Fund available in Perak?
What Shariah oversight does Principal Asset Management have?
What financing structure does Principal Asset Management Principal DALI Equity Growth Fund use?
How do I apply for Principal Asset Management Principal DALI Equity Growth Fund in Perak?
Which Islamic banks have branches in Ipoh?
Is Islamic home financing worthwhile for Perak's affordable property market?
Halal Finance Score
Are your investments Shariah-screened? Check all 7 categories.
Average score: 63/100
Stay Updated
Get halal investment insights and fund launches
Free. No spam. Unsubscribe anytime.
Explore All Investing in Perak
Compare every investing option side-by-side with filters, ratings, and Shariah oversight details.
Reviewed quarterly and updated for major content changes.
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.