News & Press Release

27 Jan 2021

BIMB Investment Declares 6% Income Distribution Yields for BIMB ESG Sukuk Fund

Kuala Lumpur, December 2020 – BIMB Investment Management Berhad (BIMB Investment), a wholly-owned subsidiary of Bank Islam Malaysia Berhad, has declared income distribution for BIMB ESG Sukuk Fund for the financial year ended 31 October 2020 as follows: Class(es) of Units Denominated Currency Income distribution Yield (%) Class A Denominated in Ringgit Malaysia (RM) 6.01 Class B Denominated in US Dollar (USD) 6.00 Class C Denominated in Singapore Dollar (SGD) 6.02 Class D Denominated in Ringgit Malaysia (RM) 6.01 Class…

READ MORE
14 Dec 2020

Market Review On 4th December 2020, Fitch Ratings (Fitch) had downgraded Malaysia’s Long Term Foreign Currency Issuer Default Rating (IDR) to BBB+ from -A while revising the outlook from negative to Stable. This is on the back of more than 200 negative rating actions and more than 100 sovereign downgrades globally undertaken by credit rating agencies since the onset of Covid-19 outbreak since March. For Malaysia, the downgrade was also related to Covid-19 crisis which have weakened several of Malaysia’s…

READ MORE
14 Dec 2020

BIMB Investment Launches Bank Islam Premier Fund for Sophisticated Investors with Target of 5% Annual Income

KUALA LUMPUR: BIMB Investment Management Berhad (“BIMB Investment”), a wholly-owned subsidiary of Bank Islam Malaysia Berhad, today  announced the launch of Bank Islam Premier Fund (‘BIPF’), a wholesale Shariah-Mixed Assets Fund that targets an annual income distribution. Commenting on the launch of BIPF, BIMB Investment Chairman, Mohamed Ridza Mohamed Abdulla, said, “We are pleased with the launch of Bank Islam Premier Fund that offers innovative investment opportunities to sophisticated investors. Bank Islam Group continues to offer holistic and comprehensive funds and wealth management solutions…

READ MORE
14 Dec 2020

BIMB Investment Bags Best ESG Asset Manager 2020 Award

Kuala Lumpur, November 2020 – BIMB Investment Management Berhad (BIMB Investment), a wholly-owned subsidiary of Bank Islam Malaysia Berhad, was awarded ESG Asset Manager of the Year 2020 by The Asset Triple A Islamic Finance Awards 2020 for the second consecutive year., This  award is in recognition of its significant contributions and achievements in environmental, social and corporate governance (ESG), sustainability and asset management in Asia. BIMB Investment also won the Best ESG Equity Fund (BIMB-ARABESQUE i Global Dividend Fund…

READ MORE
14 Dec 2020

BIMB Investment’s BEST Robo-Intelligence Shariah-ESG Investing mobile Wins The E-Commerce – Financial Services Award At the Malaysia Technology Excellence Awards 2020

Kuala Lumpur, September 2020 –BIMB Investment Management Berhad’s BEST Invest, a Robo-Intelligence Shariah-compliant ESG investing online mobile platform won the E-Commerce – Financial Services award at the Malaysia Technology Excellence Awards 2020. The Chairman of BIMB Investment, Mohamed Ridza Mohamed Abdullah, said “We’ve always had Malaysians in the back of our minds when we created the BEST Invest app. With a simple smartphone, everyone can start investing in Shariah-compliant sustainable funds. We feel honoured to be presented with this prestigious…

READ MORE
14 Dec 2020

BEST Invest sasar jana pelaburan RM10 juta

Utusan Malaysia  |  AFIQ MOHD. SHAH  |  16 November 2020, 12:31 pm

READ MORE
14 Dec 2020

TheWall: Fintech and asset management firms disrupting fund distribution

An increasing number of asset management firms are working with fintech firms — in particular, robo-advisors or digital investment managers (DIM) — to transform the way they distribute products through new platforms. The platforms vary from firm to firm but, in general, they make it easier for investors to access unit trusts, as they can now buy them directly online and create personalised portfolios. The minimum investment amount and sales charges are also lower. For instance, BIMB Investment Management Bhd…

READ MORE
14 Dec 2020

BIMB’s Best Invest – Digital, But Not A Roboadvisor

BIMB Investment Management has entered the digital space with its own offering, Best Invest, which they’ve dubbed robo intelliegence and not a roboadvisor. Why have they done so, what makes this new buzzword different from roboadvisors, and what funds and assets do they offer? Roshan Kanesan gets into this and more with Najmuddin Mohd Lutfi. https://www.bfm.my/podcast/morning-run/ringgit-and-sense/bimbs-best-invest-digital-but-not-a-roboadvisor Best Invest App is developed by BIMB Investment Sdn Bhd, a subsidiary of Bank Islam Malaysia Bhd 27 August 2020 Produced & Presented by:…

READ MORE
2 Dec 2020

Cover Story: Sustaining the performance of shariah funds

Shariah-compliant investments are known to be resilient and even tend to perform better than their conventional peers in troubled times. This was proven during the first half of the year, when the average returns of global and Malaysian equity shariah funds were higher than those of their conventional counterparts. According to data by Morningstar, Malaysian equity shariah funds in the large-cap and mid- and small-cap categories provided average returns of -3.47% and -5.03% respectively from January to June 30. In…

READ MORE

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