Friday 21 June 2019

BIMB Investment named ESG asset manager of the year

KUALA LUMPUR, June 20 (Bernama) -- BIMB Investment Management Bhd, a wholly-owned subsidiary of Bank Islam Malaysia Bhd, has been named ESG Asset Manager of the Year 2019 by The Asset Triple A Islamic Finance Awards 2019.

The award recognises its contributions and achievements in environmental, social and governance (ESG), sustainability and asset management in Asia.

BIMB Investment chief executive officer Najmuddin Mohd Lutfi said the company, with a track record of more than three years offering a wide range of shariah-ESG investment solutions, is looking forward to contributing more in developing a robust and dynamic ESG investing ecosystem in Malaysia and the region.

“We hope our contributions towards shariah-ESG investing will complement the Malaysia International Islamic Financial Centre's initiative to ensure Malaysia remain the world’s leading Islamic finance marketplace," he said in a statement.

At present, BIMB Investment is the largest shariah-ESG asset manager in Malaysia with more than RM1 billion of such assets.

It manages a variety of ESG funds, including global shariah-ESG equities, Asia Pacific shariah-ESG equities, Malaysia shariah-ESG equities and global ESG sukuk.

"Our wide range of shariah-ESG funds can be subscribed for as low as RM500 and additional investment is as low as RM100. They are available at most major banks in Malaysia, including more than 145 Bank Islam branches nationwide, and the Fundsupermart online portal as well as through BIMB Investment consultants," Najmuddin added.

-- BERNAMA

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