Bank Islam Malaysia Berhad has announced a strategic partnership with Nomura Asset Management Malaysia, marking its first direct collaboration with a global asset management firm. This alliance aims to broaden the range of Shariah-compliant investment products available to clients.
Through this partnership, Bank Islam will offer six investment products, including the Nomura Global Shariah Semiconductor Equity Fund, Nomura Global Shariah Sustainable Equity Fund, Nomura Global Shariah Strategic Growth Fund, Nomura i-Income Fund, Nomura i-Cash Fund, and Nomura i-Income Fund 2.
Datin Sarah Muttalib, Director of Wealth Management at Bank Islam, stated, “As the Bank that advances prosperity for all, we are committed to providing innovative and relevant financial solutions for our customers. Nomura aligns perfectly with our values and is known for its dedication to sustainability and ethical practices based on Environmental, Social, and Governance (ESG) principles.”
Leslie Yap, Managing Director of Nomura Asset Management Malaysia, highlighted the advantages of this partnership, saying, “With Bank Islam, Nomura expands its reach to a broader investor base as demand for Shariah-compliant and sustainable funds grows. Bank Islam’s extensive experience in the Shariah financial industry and strong distribution network make it an ideal partner.”
Bank Islam provides a comprehensive range of financial services tailored to meet diverse client needs, extending beyond Unit Trust Investments to include Takaful Protection, Estate Planning, and Capital Market Products. The bank also offers Premier Wealth Banking, designed for clients seeking specialized financial expertise and personalized service.
Datin Sarah added, “Our Islamic Wealth Management offerings cater to all clients, Muslim and non-Muslim alike, enhancing opportunities for local investors to access Shariah-compliant investment options. We are dedicated to helping our clients navigate the financial landscape and achieve a prosperous future.”
Through this partnership, Nomura’s suite of Shariah-compliant investment funds will be available to investors in Malaysia via Bank Islam’s distribution channels and branches nationwide.
