Interest scheme involves the pooling of a funds from the public in exchange for an interest in a particular scheme. Interest Schemes are regulated under the Interest Scheme Act 2016 by the Companies Commission of Malaysia (SSM). Small medium investment schemes are also gazetted under the Interest Scheme Act 2016. Some examples of Interest Schemes are Investment Schemes, Golf Clubs and Social Clubs. The Trustee of an Interest Scheme is to protect the rights of interest holders as per the trust deed and Interest Scheme Act 2016.