Affin Pheim Islamic Asset Management Sdn Bhd is a wholly-owned subsidiary of Affin Pheim Asset Management Sdn Bhd. Affin Pheim Islamic obtained its Capital Markets Services Licence from the Securities Commission Malaysia on 4 October 2021.
Affin Pheim Islamic benefits from Affin Pheim Asset Management’s expertise, where its unit trust funds are award-winning and have weathered through many crises since inception. Over the years, Affin Pheim has placed a great deal of emphasis on honing its investment process and building a strong reputation. With a long-term track record that has been tried and tested, Affin Pheim Islamic was established to expand into Islamic-based investing — including Islamic funds that help investors diversify their assets and grow their wealth in foreign stock markets.
The establishment of Affin Pheim Islamic is timely for institutional, local and global investors seeking Islamic fund management capabilities and a wide range of Islamic or ethical products. Affin Pheim Islamic seeks to grow the Islamic fund management industry as a channel for mobilising human capital and developing a talent pool proficient in Islamic-based investing. This is in line with the next phase of internationalisation for Malaysia’s Islamic markets, given the growth potential of Islamic wealth management.
Affin Pheim Islamic contributes to Malaysia’s Islamic capital market and supports Kuala Lumpur as a centre for investors who wish to participate in the growth of Islamic fund investing. This also aligns with the Securities Commission’s objective of expanding Islamic-based investing to meet growing demand among local institutions and global investors.