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Kuala Lumpur: Over 60 per cent of Malaysian investors are still not confident about syariah investments, said a Eastspring Investments Bhd survey.Its Chief Sales and Marketing Officer, Yap Siok Hoon, said two-thirds of the investors believed that syariah banking was meant solely for Muslims and most of them thought syariah investments offered less capital appreciation.

"This is a misconception on the syariah fund among the public and Malaysian investors needed to be educated about this myth," she said at a media briefing here Wednesday.

The survey is based on 300 interviews with Malaysian unit trust fund investors in March and April 2014.

She said the finding also found that only two-fifths of the current unit trust investors owned syariah funds.

"For those who did not own any unit trust, however, more than half of them planned to invest in syariah funds in the next six months.

"The company has seen a strong interest from its clients to invest in syariah funds in the past six months," she said. -Bernama