PMB Investment Bhd, an Islamic fund management company under Pelaburan Mara Bhd, has set a target to increase fund sales by 10-20% within the next year after entering into a partnership with Bank Islam Bhd.
He said the five funds launched through the partnership include PMB Investment’s high-performing Shariah Index Fund and Shariah Equity Fund, both of which have garnered industry accolades. To encourage retail participation, she said, the initial investment entry for these funds is set at RM1,000, with subsequent investments beginning at RM500.
“Our business is largely physical for now. We aim to have our online platforms ready within a year,” said Zaharah.
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