Features & Benefits

  • With a low initial starting Investments of BND 1,000, you can start growing your wealth.
  • Enjoy peace of mind, knowing you are investing in a Shariah compliant Investments fund.
  • Manage your Investments risk with our diversified portfolio of Investments.
  • Capitalise on our financial expertise, as the Fund is managed by professional fund managers who have access to financial markets and other data not readily available to individuals.
  • As the fund is open-ended, you can subscribe and redeem at any point in time.

Shariah Concept

  • Musyarakah

    Musyarakah refers to a joint partnership between two or more individuals contributing to the capital for the purpose of trading, the profit of which will be shared according to pre-agreed ratio. In this case, the investors share the profit and loss arising from the Investments.

Eligibility

Companies registered or incorporated in Negara Brunei Darussalam, either in the form of a proprietorship, partnership or private limited company.

Required Documents

  • For Proprietorship & Partnership Company:
    • Certificate of Registration - Section 16 and 17
    • Original copy of identity card(s) of the proprietor/partners
  • For Private Limited Company:
    • Certificate of Incorporation
    • Particulars of Directors and Shareholders (Form X)
    • Original copy of identity cards of the directors
    • Directors' Resolution to open/maintain term Investments

Fees and Requirements

  • Administrative Fees

    Sales charge: 3% of principal amount
    Switching fee: 2% of principal amount
    No redemption fee applicable.

For more details, please speak to our team for more details.

More Details

  • Fund Features
    Asset Class Equity
    Type of Fund Open ended mutual fund
    Domicile Brunei Darussalam
    Benchmark 75% Dow Jones Islamic Asia-Pacific ex-Japan
    25% Dow Jones Islamic Japan Index
    Valuation Day Every Wednesday
    Sales Charge 3%
    Minimum Initial Investments SGD1000
    Minimum Subsequent Investments SGD100
    Minimum Redemption Amount 100 shares
  • Key Parties
    Promoter Bank Islam Brunei Darussalam Berhad
    Investments Manager Bank Islam Brunei Darussalam Berhad
    Custodian Deutsche Bank AG Singapore Branch
    Appointed Fund Advisor Lion Global Investors, based in Singapore
    Registrar and Distributor BIBD Securities Bhd
    Unit 9-11, Suria Kiulap Complex, Kiulap
    Bandar Seri Begawan, BE1518,
    Brunei Darussalam
    Authority Brunei International Financial Centre