Our Management

About BIMB Investment

BIMB Investment Management Berhad (“BIMB Investment”) is a leading Shariah-ESG investment management company in Malaysia. A wholly owned subsidiary of Bank Islam Malaysia Berhad, BIMB Investment is a licensed Islamic fund management company registered with Securities Commission Malaysia.

Incorporated on 14 September 1993 and commenced its operations on 20 June 1994, BIMB Investment is committed in delivering risk adjusted sustainable investment performance to investors.

BIMB Investment is the first bank-backed Islamic Asset Manager in the region to be a signatory of the United Nations-supported Principles for Responsible Investment (UNPRI).

Outsourced Functions

BIMB Investment has delegated the following functions to the respective service provider:

Kfin Technologies Private Limited (Kfintech)

Registrar and Transfer Agents appointed by BIMB Investment to store and manage investor’s data in a secured space, real-time data replication capability to ensure zero impact on business and customers in case of exigencies.

Awards & Recognition

The Asset Triple A Islamic Finance Awards

  • ESG Asset Manager of the year 2020
  • ESG Asset Manager of the year 2019
  • Best ESG Equity Fund 2020 – BIMB ARABESQUE i Global Dividend Fund 1
  • Best ESG Sukuk Fund 2020 – BIMB ESG Sukuk
  • Best Fintech Robo Mobile Application 2021 (BEST Invest)

Alpha Southeast Asia Awards

  • Best Islamic Asset & Fund Manager 2021
  • Best Islamic Asset & Fund Manager 2020
  • Best Islamic Asset & Fund Manager 2019
  • Best Islamic Asset & Fund Manager 2018
  • Best Asset & Fund Manager 2017
  • Best Risk-adjusted Returns: ESG Principle Investment 2021
  • Best Risk-adjusted Returns: ESG Principle Investment 2020
  • Best Risk-adjusted Returns: ESG Principle Investment 2019

Malaysia Technology Excellence Awards 2020

  • The E-Commerce – Financial Services Award

I & M Professional Investment Awards 2021

  •  Fund Islamic Fund House in ASEAN

 

Global Business Outlook Finance Awards

  • Best Shariah-ESG Fund Manager 2020
  • Most Innovative Shariah ESG Sukuk Fund – BIMB ESG Sukuk Fund (BSF) 2020

International Business Magazine

  • Best Shariah-ESG Fund Manager Malaysia 2020
  • Best Islamic Fund Manager Malaysia 2020

Financial Year Ended 31 December (2017 – 2020)

Financial Year 2017
(RM’000)
2018
(RM’000)
2019
(RM’000)
2020
(RM’000)
Issued and paid up capital 15,000 15,000 15,000 15,000
Shareholder’s Fund 15,624 17,048 18,480 19,392
Revenue 17,385 36,186 27,557 22,869
Pretax & zakat profit / (loss) 807 1,606 1,625 1,051
After tax & zakat profit / (loss) 2,260 1,424 1,494 913

Board of Directors

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Mohamed Ridza Mohamed Abdulla
Chairman and Non-Executive Independent Director

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Najmuddin Mohd Lutfi
Chief Executive Officer

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Dato’ Ghazali Awang
Non-Executive Independent Director

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Datin Maznah Mahbob
Non-Executive Independent Director

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Dr. Mohd Hatta Dagap
Non-Executive Independent Director

Azizan

Azizan Abd Aziz
Non-Executive Non-Independent Director

Management Team

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Najmuddin Mohd Lutfi
Chief Executive Officer

Najmuddin joined BIMB Investment as CEO in February 2015.

He has more than 20 years of experience in the financial service industry. Najmuddin was formerly the Deputy Director at Bank Negara Malaysia. Prior to that he was the Executive Director of Investment Management at Goldman Sachs (Malaysia) Sdn Bhd and Assistant Director at CIMB-Principal Asset Management.

  • Master of Business Administration, University of Missouri – St. Louis, USA
  • Bachelor of Science of Business Administration, University of Missouri – St. Louis, USA Securities Commission’s Capital
  • Advanced Leadership Programme, Judge Business School, University of Cambridge
  • Securities Commission’s Capital Markets Services Representative’s License
  • Registered with the Federation of Investment Managers Malaysia (FIMM)

Experience

Najmuddin joined BIMB Investment as CEO in February 2015.

He has more than 20 years of experience in the financial service industry. Najmuddin was formerly the Deputy Director at Bank Negara Malaysia. Prior to that he was the Executive Director of Investment Management at Goldman Sachs (Malaysia) Sdn Bhd and Assistant Director at CIMB-Principal Asset Management.

 

Qualification

  • Master of Business Administration, University of Missouri – St. Louis, USA
  • Bachelor of Science of Business Administration, University of Missouri – St. Louis, USA 
  • Advanced Leadership Programme, Judge Business School, University of Cambridge
  • Securities Commission’s Capital Markets Services Representative’s License
  • Registered with the Federation of Investment Managers Malaysia (FIMM)
Amir Shah Basir

Amir Shah
Chief Operating Officer

Amir joined BIMB Investment as the Chief Operating Officer in December 2020.

He was the former Financial Controller of Principal Asset Management Berhad, Chief Operating Officer of Amanahraya Investment Management Sdn Bhd, Accountant of Amanah Raya Berhad and Senior Auditor of PricewaterhouseCoopers (PwC).

    • Bachelor of Accountancy (Hons), International Islamic University
    • Master of Business Administration in Finance, Putra University of Malaysia
    • Member of the Chartered Institute of Management Accountants UK (ACMA)
    • Chartered Accountant (CA) Malaysia
    • Certified Financial Planners (CFP)

Experience

Amir joined BIMB Investment as the Chief Operating Officer in December 2020.

He was the former Financial Controller of Principal Asset Management Berhad, Chief Operating Officer of Amanahraya Investment Management Sdn Bhd, Accountant of Amanah Raya Berhad and Senior Auditor of PricewaterhouseCoopers (PwC).

 

 

Qualification

  • Bachelor of Accountancy (Hons), International Islamic University
  • Master of Business Administration in Finance, Putra University of Malaysia
  • Member of the Chartered Institute of Management Accountants UK (ACMA)
  • Chartered Accountant (CA) Malaysia
  • Certified Financial Planners (CFP)
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Abd Razak Salimin CFA,FRM
Head of Investment

Abd Razak joined BIMB Investment in May 2019 and was formerly an equity fund manager with Permodalan Nasional Berhad.

He has more than 10 years of investment management experience. Abd Razak is responsible of leading and managing the investment department, as he manages and oversees domestic and global equities, sukuk and money market investments.

  • Bachelor of Mathematics, Operational Research, Statistics, and Economics, University of Warwick, United Kingdom
  • Chartered Financial Analyst (CFA) since 2013 and Financial Risk Manager (FRM) since 2016
  • Securities Commission’s Capital Markets Services Representative’s License

Experience

Abd Razak joined BIMB Investment in May 2019 and was formerly an equity fund manager with Permodalan Nasional Berhad.

He has more than 10 years of investment management experience. Abd Razak is responsible of leading and managing the investment department, as he manages and oversees domestic and global equities, sukuk and money market investments.

 

Qualification

  • Bachelor of Mathematics, Operational Research, Statistics, and Economics, University of Warwick, United Kingdom
  • Chartered Financial Analyst (CFA) since 2013 and Financial Risk Manager (FRM) since 2016
  • Securities Commission’s Capital Markets Services Representative’s License
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Ariff Firman Mohd Sidek
Head of Compliance

Ariff joined BIMB Investment in June 2021 and was formerly the Director of Legal & Compliance Department at BOS Wealth Management Malaysia Berhad.

Ariff started his career as a Deputy Public Prosecutor and Federal Counsel with the Attorney General’s Chambers. He was then appointed as a Legal Counsel in Bank Negara Malaysia and  joined the Legal and Regulatory Affairs Department of the Federation of Investment Managers Malaysia (FIMM).

  • LL.B (Hons), Universiti Teknologi MARA (UiTM)
  • Post-Graduate Diploma in Syariah Law and Practice (UiTM)
  • Qualified Advocate & Solicitor of High Court of Malaya.

Experience

Ariff joined BIMB Investment in June 2021 and was formerly the Director of Legal & Compliance Department at BOS Wealth Management Malaysia Berhad.

Ariff started his career as a Deputy Public Prosecutor and Federal Counsel with the Attorney General’s Chambers. He was then appointed as a Legal Counsel in Bank Negara Malaysia and joined the Legal and Regulatory Affairs Department of the Federation of Investment Managers Malaysia (FIMM).

Qualification

  • LL.B (Hons), Universiti Teknologi MARA (UiTM)
  • Post-Graduate Diploma in Syariah Law and Practice (UiTM)
  • Qualified Advocate & Solicitor of High Court of Malaya.

Investment Committee

Khairul

Khairul Muzamel Perera Abdullah
Chairman – Non Independent Member

Khairul joined Bank Islam Malaysia Berhad in 2009 and is currently the Chief Credit Officer.

He also served as the Head of Credit Risk Management. Prior to joining Bank Islam, Khairul served 14 years in Banking & Finance and was with Pengurusan Danaharta Nasional Berhad in 1999, handling asset recovery. He also spent several years at Malaysian Rating Corporation Berhad, as Vice President, Corporate Debt Issuances.

  • Associate Chartered Institute of Secretaries (ACIS), London.

Experience

Khairul joined Bank Islam Malaysia Berhad in 2009 and is currently the Chief Credit Officer.

He also served as the Head of Credit Risk Management. Prior to joining Bank Islam, Khairul served 14 years in Banking & Finance and was with Pengurusan Danaharta Nasional Berhad in 1999, handling asset recovery. He also spent several years at Malaysian Rating Corporation Berhad, as Vice President, Corporate Debt Issuances.

Qualification

  • Associate Chartered Institute of Secretaries (ACIS), London.
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Mohd Radzuan Ahmad Tajuddin
Independent Member

Mohd Radzuan has been in the BIMB Invest’s Investment Committee since December 2017.

He was formerly the Head of Development, Islamic Capital Market with Securities Commission Malaysia.

He has also held various senior positions with Securities Commission Malaysia in corporate finance, bond and sukuk markets, prospectus disclosures and Islamic capital market.

  • Bachelors’ Degree in Finance & Marketing, National University of Malaysia.

Experience

Mohd Radzuan has been in the BIMB Investment’s Investment Committee since December 2017.

He was formerly the Head of Development, Islamic Capital Market with Securities Commission Malaysia. He has also held various senior positions with Securities Commission Malaysia in corporate finance, bond and sukuk markets, prospectus disclosures and Islamic capital market.

Qualification

  • Bachelors’ Degree in Finance & Marketing, National University of Malaysia.
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Datin Maznah Mahbob
Independent Member

Datin Maznah binti Mahbob was appointed as an independent member of the BIMB Invest’s Investment Committee since April 2019.

She was formerly the Chief Executive Officer of AmInvestment Services Berhad.

  • Institute of Chartered Secretaries and Administrators (1983)

Experience

Datin Maznah binti Mahbob was appointed as an independent member of the BIMB Investment’s Investment Committee since April 2019.

She was formerly the Chief Executive Officer of AmInvestment Services Berhad.

Qualification

  • Institute of Chartered Secretaries and Administrators (1983)

The investment committee meets at least six (6) times a year or as and when required by the Manager.

Shariah Advisor

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Ustaz Dr. Ahmad Shahbari @ Sobri Salamon
Chairman

Ustaz Dr. Ahmad Shahbari is a member of the Shariah Supervisory Council of Bank Islam Malaysia Berhad, and he is a registered Shariah Adviser (individual) with the Securities Commission Malaysia.

He was an Executive Director of Pusrawi Corporation Sdn Bhd. He has served as a lecturer in the Shariah Department, Faculty of Islamic Studies, Universiti Kebangsaan Malaysia and the Department of Law, International Islamic University Malaysia. He has been in the BIMB Invest’s Shariah Committee since 20 June 1994.

  • PhD. Modern Middle Eastern History, New York University, USA
  • Master of Economic, Fairlaigh Dickinson University, USA
  • Bachelor of Shariah, Al Azhar University, Egypt

Experience

Ustaz Dr. Ahmad Shahbari is a member of the Shariah Supervisory Council of Bank Islam Malaysia Berhad, and he is a registered Shariah Adviser (individual) with the Securities Commission Malaysia.

He was an Executive Director of Pusrawi Corporation Sdn Bhd. He has served as a lecturer in the Shariah Department, Faculty of Islamic Studies, Universiti Kebangsaan Malaysia and the Department of Law, International Islamic University Malaysia. He has been in the BIMB Investment’s Shariah Committee since 20 June 1994.

Qualification

  • PhD. Modern Middle Eastern History, New York University, USA
  • Master of Economic, Fairlaigh Dickinson University, USA
  • Bachelor of Shariah, Al Azhar University, Egypt
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Assoc. Prof. Dr. Asmak Ab Rahman
Committee Member

Dr. Asmak Binti Ab Rahman is currently an Associate Professor at the Department of Shariah and Economics, Academy of Islamic Studies, University of Malaya.

She has written and presented numerous papers in the area of Islamic Studies, specifically Takaful. She is currently a Shariah Committee member for Ambank Islamic Berhad, SME Bank Berhad and Hong Leong MSIG Takaful Berhad. She has been in the BIMB Invest’s Shariah Committee since November 2008, and she is a registered Shariah Adviser (individual) with Securities Commission Malaysia.

  • PhD, Master and Bachelor in Shariah and Economics from University of Malaya.

Experience

Dr. Asmak Binti Ab Rahman is currently an Associate Professor at the Department of Shariah and Economics, Academy of Islamic Studies, University of Malaya.

She has written and presented numerous papers in the area of Islamic Studies, specifically Takaful. She is currently a Shariah Committee member for Ambank Islamic Berhad, SME Bank Berhad and Hong Leong MSIG Takaful Berhad. She has been in the BIMB Investment’s Shariah Committee since November 2008, and she is a registered Shariah Adviser (individual) with Securities Commission Malaysia.

Qualification

  • PhD, Master and Bachelor in Shariah and Economics from University of Malaya.
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Dr. Shamsiah Mohamad
Committee Member

Dr. Shamsiah Binti Mohamad is currently the Shariah Committee Member for Medic IG Holdings, Bursa Malaysia, Association of Islamic Banking Institutions Malaysia (AIBIM), Lembaga Zakat Selangor and Pertubuhan Peladang Kebangsaan. She also currently sits on the Shariah Advisory Council (SAC) of Securities Commission Malaysia (SC).

Prior to that, she served as a Shariah Advisor for several financial institutions and organizations, which includes Bank Negara Malaysia, JAKIM, Takaful Ikhlas, Standard Chartered Saadiq Berhad and Bank Muamalat Malaysia Berhad. She was formerly a Senior Researcher at ISRA and Associate Professor at Department of Fiqh and Usul, Academy of Islamic Studies, University of Malaya. Dr. Shamsiah became a member of the BIMB Investment’s Shariah Committee on the 1st of May 2020.

Dr. Shamsiah is registered as a Shariah Adviser with the Securities Commission Malaysia.

  • PhD. in Foundation of Jurisprudence (Fiqh and Usul Fiqh), University of Jordan
  • Master of Syariah, University of Jordan
  • Bachelor of Syariah, University of Malaya

Experience

Dr. Shamsiah Binti Mohamad is currently the Shariah Committee Member for Medic IG Holdings, Bursa Malaysia, Association of Islamic Banking Institutions Malaysia (AIBIM), Lembaga Zakat Selangor and Pertubuhan Peladang Kebangsaan. She also currently sits on the Shariah Advisory Council (SAC) of Securities Commission Malaysia (SC).

Prior to that, she served as a Shariah Advisor for several financial institutions and organizations, which includes Bank Negara Malaysia, JAKIM, Takaful Ikhlas, Standard Chartered Saadiq Berhad and Bank Muamalat Malaysia Berhad. She was formerly a Senior Researcher at ISRA and Associate Professor at Department of Fiqh and Usul, Academy of Islamic Studies, University of Malaya. Dr Shamsiah became a member of the BIMB Investment’s Shariah Committee on the 1st of May 2020.

Dr. Shamsiah is registered as a Shariah Adviser with the Securities Commission Malaysia.

Qualification

  • PhD. in Foundation of Jurisprudence (Fiqh and Usul Fiqh), University of Jordan
  • Master of Syariah, University of Jordan
  • Bachelor of Syariah, University of Malaya

BIMB Investment Management Berhad (276246-X)
Level 19, Menara Bank Islam,
No. 22 Jalan Perak,
50450 Kuala Lumpur
Malaysia