Permodalan Nasional Berhad (PNB) was established on 17 March 1978 as one of the instruments of the Government's New Economic Policy (NEP). Over the last four decades, PNB has grown to become one of the largest fund management companies in Malaysia. PNB is committed to generating sustainable returns for its stakeholders while at the same time proactively playing its part in maintaining public confidence in its Shariah-compliant investment operations. As of November 2024, it had US$ 78 billion in assets.