BIMB INVESTMENT LAUNCH MALAYSIA’S FIRST SHARIAH SUSTAINABLE AND RESPONSIBLE INVESTMENT (SRI) EQUITY FUND
FIRST SHARIAH EQUITY FUND APPROVED UNDER SECURITIES COMMISSION MALAYSIA’S SRI GUIDELINES
KUALA LUMPUR, Thursday, 12 July 2018 – BIMB Investment Management Berhad (“BIMB Invest”) and its strategic partners, Arabesque Asset Management Holding Ltd, UK (“Arabesque”) and ValueCAP Sdn Bhd (“ValueCAP”) today launch the BIMB-Arabesque ValueCAP Malaysia Shariah-ESG Equity Fund (“the Fund”).  This is the first Shariah equity fund in Malaysia approved under the SRI guidelines introduced in December 2017.
The Fund will invest in about 100 Malaysia’s Shariah-compliant listed companies. Investments in these companies will be on a rule-based manner accounting for companies’ financial and sustainability performance. The Fund will favour companies with strong fundamentals, respecting the interests of all stakeholders and managed for the long run.