TheEdge
AmIslamic Fund Management Sdn Bhd, a new unit under the AmInvestment Bank Group, expects its Islamic assets to more than double over the next two years.
AmInvestment Bank group chief executive officer for the Funds Management Division Datin Maznah Mahbob said, the Islamic assets under management were close to RM1 billion at present.
She said there were a lot of opportunities for customised Shariah-compliant investment solutions despite the global economic downturn.
"We have a dedicated team of Islamic specialists to provide customised Shariah-compliant investment solutions for institutional investors.
We are optimistic that we can easily more than double, the funds under management which are Islamic assets, within the next couple of years," she said at the media briefing on AmIslamic Funds Management here today.
Maznah said the Islamic fund management company plans to launch more than two new funds this year.
AmIslamic Funds Management which was incorporated last year offers a comprehensive and innovative range of Shariah-compliant funds management services that meet diverse investment needs.
Disclaimer: Reading materials in this site are obtained from its respective website and it is for information purposes only. It is not Malaysia Unit Trusts - administrator view and it is not to be used against Malaysia Unit Trusts - administrator.
