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.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
South Africa South Africa Latest News, South Africa South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
PMB Investment, Bank Islam jangka pertumbuhan jualan 10% hingga 20% melalui 5 dana baharuPMB Investment dan Bank Islam Malaysia Berhad menjangkakan pertumbuhan jualan sebanyak 10 hingga 20 peratus.
Source: UMonline - 🏆 27. / 51 Read more »
Straits Mobile Investment agrees to reduce shareholding in U Mobile to 20%Tic Tac is small and sweet but, when pushed, our princess can hold her own – and win!
Source: staronline - 🏆 4. / 75 Read more »
EPF reports 20% rise in investment income to RM57.57bil for 9M24SELAYANG: 'Insp Sheila' has been discharged and acquitted by a magistrate's court of a charge of insulting the modesty of a lawyer last year.
Source: staronline - 🏆 4. / 75 Read more »
EPF records 20% increase in total investment incomeNEW YORK (Reuters) - Investors are piling into bullish options bets on Tesla shares, with the stock hitting its highest level in more than two years on bets that CEO Elon Musk’s close ties to President-elect Donald Trump may benefit the electric car maker.
Source: staronline - 🏆 4. / 75 Read more »
Roths Investment Bank, Central Wealth Group forge alliance to strengthen global investment accessKUALA LUMPUR: Labuan-based Roths Investment Bank (RIB) has formed a strategic partnership with Central Wealth Group Holdings Ltd (CWG), a prominent Ho...
Source: theSundaily - 🏆 25. / 51 Read more »
MACC grills FashionValet founders for sixth day running over RM43.9m investment loss probePUTRAJAYA, Nov 13 — The founding couple of FashionValet Sdn Bhd, linked to the investment loss of Khazanah Nasional Bhd (Khazanah) and Permodalan Nasional Bhd (PNB), continued...
Source: malaymail - 🏆 1. / 86 Read more »