Pheim Islamic Asset Management Sdn Bhd (Pheim Islamic) is a wholly-owned subsidiary company of Pheim Asset Management Sdn Bhd (Pheim Malaysia). Pheim Islamic obtained its Capital Markets Services Licence from the Securities Commission Malaysia on 4 October 2021.
Prior to the establishment of Pheim Islamic, all of Pheim Malaysia’s unit trust funds are award-winning funds and have weathered through many crises since their inception. In those developing years, Pheim gave great importance to perfecting its Investment Philosophy and building a strong reputation for itself which in hindsight was far from an easy endeavour. Now that Pheim has built up its long-term track record and has proven itself in its ability to consistently outperform the benchmark in the long-term, we have gained enough confidence and decided that we are well prepared to set up a new Islamic fund house (Pheim Islamic Asset Management Sdn Bhd) and launch 3 new Shariah-compliant funds to help investors diversify their assets and grow their wealth in foreign stock markets.
The establishment of Pheim Islamic is timely for institutional, local and global investors to tap into our Islamic fund management capabilities and expertise, and a wide range of Islamic or ethical products. Pheim Islamic works to grow the Islamic fund management industry as an important channel for mobilising human capital as well as talent pools in Shariah-based investments drive the next phase of internationalisation for Malaysia’s Islamic markets given that Islamic wealth management industry has been clearly identified as having significant potential for growth.
Pheim Islamic adds value to Malaysia’s Islamic capital market and promoting Kuala Lumpur as a key Islamic fund management centre. Pheim Islamic also complements to the attainment of the objectives of the SC’s Islamic Fund and Wealth Management Blueprint, among others, tapping on the growing demand from institutional and global investors on Islamic funds.
Currently, PIAMSB has 2 representatives holding Capital Markets Services Representative’s Licenses with an average of 12 years of investment experience in fund management industry.
