BIMB Investment targets RM50mil AUM subscription for "Dana Makmur myWakaf"

BIMB

KUALA LUMPUR: Bank Islam Malaysia Bhd’s wholly-owned subsidiary, BIMB Investment Management Bhd is targeting the asset under management (AUM) subscription for its recently launched Dana Makmur myWakaf to reach RM50 million by year end.

BIMB Investment chairman Mohamed Ridza Mohamed Abdulla said Dana Makmur myWakaf is the first wakaf unit trust fund under the Securities Commission Malaysia Waqf-featured Fund Framework that was introduced on Nov 12, 2020.