null Bank Islam targets RM50mil AUM for Makmur myWakaf fund
Bank Islam targets RM50mil AUM for Makmur myWakaf fund
6 Apr 2021 | Tuesday Source: New Straits Times
Bank Islam Malaysia Bhd's subsidiary BIMB Investment Management Bhd (BIMB Investment) aims to achieve RM50 million in asset under management (AUM) for its Makmur myWakaf fund this year.
The fund is the first wakaf unit trust fund under the Securities Commission Waqf-Featured Fund Framework introduced on November 12, 2020 and a qualified sustainable and responsible Investment (SRI) fund under the SC guidelines on sustainable and responsible investment funds.