AmanahRaya Investment Management launches AmanahRaya Syariah Income Fund
02 Mar 2023 02:26pm
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The ceremony was officiated by Deputy Minister of Finance Steven Sim Chee Keong, accompanied by AmanahRaya Group Managing Director, Ahmad Feizal Sulaiman Khan, ARIM Chairman Ramli Chik, ARIM managing director Mohamad Shafik Badaruddin.
"Today ARIM has reached another milestone by launching its seventh unit trust fund, ARSIF. Subsequent to the introduction of the fund on 5 May 2022, the fund has grown in size, crossing the RM200 million mark." said Feizal.
He added that ARSIF invests in short-term to medium-term Islamic bonds with maturities less than five (5) years. As a low-risk investment given its minimal volatility, ARSIF appeals as an attractive investment solution best suited for investors with low to medium-risk profile.
But beyond providing investors with a reliable investment option, the launch of ARSIF also reflects the continued efforts by AmanahRaya and its subsidiary, AmanahRaya Investment Management, in helping clients to meet their financial objectives.
AmanahRaya, as a Group, commits to its role in Wealth and Estate Planning which encompasses not only Will services, Trust, and Estate Administration, but also investment planning and management of investment risks as well.
In his officiating remarks, Steven Sim quoted that ARSIF is a significant addition to the diverse range of the country's capital market offerings, giving investors an additional avenue to enter or invest in Malaysia's bond market.
He added that the government remains committed to cultivating a durable and supportive investment environment by building a financial ecosystem that is characterized by openness, transparency, and innovation to ensure that our markets remain robust and resilient in the face of changing economic circumstances.
