Get StartedBIMB Securities Sdn Bhd (“BIMB Securities”) has been appointed as the Shariah Adviser for BIMB Investment,16 funds and private mandate managed by BIMB Investment. BIMB Securities provides Shariah advisory services on the management and operations of the Company and funds to ensure the business, operations and affairs of the Company and funds comply with Shariah requirements.
BIMB Securities is a Participating Organisation (PO), which carries on the business of dealing in securities and recognised by Bursa Malaysia Berhad (Bursa) pursuant to the Rules of the Exchange. BIMB Securities is a full-fledged shariah compliant stockbroking company, providing an avenue for investors to invest in Shariah Compliant listed companies which are based on the List of Approved Shariah Compliant Securities by the Shariah Advisory Council of the Securities Commission (SC).
As the Shariah Adviser for the Funds, the role of BIMB Securities is to ensure that the investment operations and processes of the funds are in compliance with Shariah requirements. BIMB Securities will review the funds’ investments on a monthly basis to ensure Shariah compliance and it also reviews the quarterly, semi-annual and annual reports of the funds, where required. Notwithstanding the role played by the Shariah Adviser, the ultimate responsibility for ensuring Shariah compliance of the funds in all aspects of operations and processes rests solely with the Fund Manager.
Muhammad Shahier Sa’min
Shariah Personnel
Muhammad Shahier joined BIMB Securities as the Head of Shariah in October 2024. He is the designated person in-charge of all Shariah matters in BIMB Securities. He is also the Secretary of the Shariah Advisory Committee of BIMB Securities effective 1st November 2024. Muhammad Shahier previously served as the Head of Shariah at YAPEIM, where he oversaw Shariah governance and compliance across the YAPEIM group. He previously served as the Head of Business Development, Business Advisory at IBFIM, where he provided Shariah advisory services and conducted Shariah training. Additionally, he led the Shariah Compliance Unit at Malaysia Debt Ventures Berhad.
Muhammad Shahier holds a Bachelor of Shariah, majoring in Economics and Islamic Banking from Yarmouk University, Jordan.
Nurul Aqila Sufiyah Lokman
Shariah Personnel
Nurul Aqila joined BIMB Securities as the Shariah Executive in March 2020. She was later promoted as the Head of Shariah Management Section effective 1st July 2024. Currently, she is assisting in providing Shariah inputs for the advisory, consultancy and research functions relating to the Islamic capital market products including Islamic collective investment schemes.
Nurul Aqila holds a Bachelor of Islamic Revealed Knowledge and Heritage in Fiqh and Usul al-Fiqh from the International Islamic University of Malaysia.