Islamic Fund Management Company
CIMB-Principal Islamic Asset Management
CIMB-Principal Islamic Asset Management Sdn. Bhd. ("CIMB-Principal Islamic") is a partnership between CIMB Group Holdings Berhad and Principal Financial Group. CIMB-Principal Islamic is committed to offering Islamic investment solutions that best meet institutional global investors' needs and objectives. The Company is part of the Malaysian International Islamic Finance Centre community and is one of the first global Malaysian-based Shariah-compliant asset managers.
CIMB-Principal Islamic is a credible choice for investors interested in an established track record of managing Islamic portfolios and is located in a strategic key Islamic investment hub. CIMB-Principal Islamic offers holistic and pure management of Islamic assets with end-to-end processes in accordance with Islamic principles.
CIMB-Principal Islamic is registered with the Securities Commission of Malaysia. CIMB-Principal Islamic obtained its license to operate as an Islamic Fund Management Company on June 27, 2008. CIMB-Principal Islamic is an offshoot of CIMB-Principal Asset Management Berhad ("CIMB-Principal"). CIMB-Principal was founded in 1995 and has a reputable heritage of managing Islamic institutional mandates since 2000.
The Islamic business was spun off to internationalize the Islamic initiative and to reach out to global clients and develop cross border distribution. Headquartered in Kuala Lumpur, Malaysia, CIMB-Principal Islamic is strategically located in the world's first country with a complete Islamic financial system operating in parallel to the conventional banking system. This allows the firm to leverage on Malaysia's comprehensive Islamic financial infrastructure and its adopted global regulatory, legal and Shariah best practices.
Area of Services
CIMB-Principal Islamic is a dedicated Islamic global institutional asset management house. Its objective is to provide a full spectrum of Islamic investment solutions, optimally customized to meet global investors’ needs and objectives. CIMB-Principal Islamic focuses on four (4) capabilities namely Global Sukuk, Asia Sukuk, Global Equity and Asia Pac (ex. Japan) equities. CIMB-Principal Islamic provides Islamic investment solutions to global institutional investors, for example, Sovereign Wealth Funds, Pension Funds, Takafuls and Central Banks, and also manages collective Investment trust funds called UCITS (Undertakings for Collective Investment in Transferable Securities) funds. CIMB-Principal Islamic manages Global Sukuk capabilities in-house and leverages other strategies on CIMB-Principal Asset Management ("CIMB-Principal") and Principal Global Investors (“PGI”).
Awards/Accolades/Achievements
Awards
- The Triple A Islamic Finance Awards 2017
- Asset Management Company of the Year, Asia Pacific
- Thomson Reuters Lipper Fund Award Mena Markets 2017
- Fund Over 3 Years (Bond Global) - Al-Hilal Global Sukuk Fund
- EPF Portfolio Managers Award 2017
- Best 3 Years ROI Global Sukuk Portfolio Manager
- KLIFF Islamic Finance Awards 2016
- Most Outstanding Asset Management Company
- EPF Portfolio Managers Award 2016
- Best 3 Years ROI Shariah International FTSE World Developed
- Best Manager Shariah international FTSE World Developed
Contact details
CIMB-Principal Islamic Asset Management Sdn Bhd
10th Floor
Bangunan CIMB
Jalan Semantan
Damansara Heights
50490 Kuala Lumpur
Malaysia
www.cimb-principalislamic.com
Dato' Paduka Syed Mashafuddin Bin Syed Badarudin
T +603 2084 8900
E syed.mashafuddin@cimb-principal.com.my
Mohd Fadzil Bin Mohamed
T +603 2084 8309
E fadzil.mohamed@cimb-principal.com.my
