BIMB Securities Sdn Bhd (BIMBSEC) is a stockbroking subsidiary of BIMB Holdings Bhd incorporated on 21 February 1994 licensed by the SC. The corporate mission of BIMBSEC is to be an active participant in a modern, innovative and dynamic Islamic capital market in Malaysia, catering for the needs of all investors, Muslims and non-Muslims, looking for Shariah-compliant investment products and services. BIMBSEC is registered with the SC to act as a Shariah Adviser for Islamic products and services regulated by the SC, which include Islamic collective investment schemes. BIMBSEC is independent from the Manager and does not hold office as a member of the investment committee of the Funds or any other funds managed and administered by the Manager. As at 16 December 2020, BIMBSEC is a corporate Shariah Adviser to seventy-six (76) Islamic funds including one (1) Islamic real estate investment trust (REIT).
Amanie Advisors is a leading Shariah advisory firm specializing in Islamic finance solutions covering a wide range of services including Shariah advisory and consultancy, training and research & development for institutional and corporate clientele focusing on Islamic financial services. Amanie Adviser was founded in 2005 by international renowned Top 5 Shariah scholar in the world, Tan Sri Dr Mohd Daud Bakar and has offices in Malaysia, Dubai and London. Amanie Adviser have won the “Best Shariah Advisory Firm” award in the recent IFN Service Providers Award 2022 as voted by the industry market players and peers.
BIMB Securities Sdn. Bhd
BIMB Securities Sdn. Bhd
Amanie Advisor Sdn. Bhd.
To advise on the Shariah aspects of the Funds and Funds operations and processes such that they are in accordance with Shariah requirements, and specifically the resolutions issued by the SACSC.
To provide Shariah expertise and guidance in all matters related to the Funds, particularly on the Funds’ deed and prospectus, structure, investments and related operational matters.
To ensure that the Funds are managed and operated in accordance with Shariah as determined by the relevant SC regulations and standards, including resolutions issued by the SACSC.
To review the Funds’ compliance reports as provided by the Manager’s compliance officer, and investment transaction reports provided or duly approved by the Trustee to ensure that the Funds’ investments are in line with Shariah requirements.
To issue a report for inclusion in the interim and annual reports of the Funds stating the Shariah Adviser’s opinion on the Funds’ compliance with Shariah requirements in its investment, operations and processes for the financial period concerned.
To consult the SC where there is ambiguity or uncertainty as to an investment, instrument, system, procedure and/or process.
To meet with the Manager beside on a quarterly basis, when urgently required for review of the Funds’ operations and processes