PMB Investment Launches Mixed Equity An-Nur Waqf Income Fund
March 23, 2021
Email PMB Investment, a Malaysian-based Islamic fund management company and member of Pelaburan Mara Group, has recently launched the PMB-An-Nur Waqf Income Fund (the Fund), as a joint venture with Waqaf An-Nur Corporation (WANCorp), which is the Waqf administrator of the Fund.
Why it matters?
This is the 17th fund managed by PMB Investment and provides investors income and capital growth over the medium to long term by investing in a portfolio of Shariah-compliant investments. The Fund also provides the ability to channel all or part of the distribution for Waqf purposes to help the disadvantaged segment of Malaysia’s society via WANCorp, according to Mahani Ibrahim, Acting Chief Executive Officer of PMB Investment.
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