Service Providers

BIMB Securities Sdn Bhd (BIMB Securities) is the Shariah Adviser for AIA PAM – Islamic Moderate Fund and AIA PAM – Global Islamic Growth Fund (the Funds). BIMB Securities provides Shariah advisory services on the mechanism of the operations of the Funds to ensure the operations of the Funds comply with Shariah requirements as stipulated by the Securities Commission Malaysia (SC).

BIMB Securities is a stockbroking subsidiary of BIMB Holdings Bhd incorporated on 21 February 1994 licensed by the SC. The corporate mission of BIMB Securities is to be an active participant in a modern, innovative and dynamic Islamic capital market in Malaysia, catering for the needs of all investors, Muslims or non-Muslims, looking for Shariah-compliant investment products and services.

BIMB Securities is registered with the SC to act as a Shariah Adviser for Islamic products and services regulated by the SC, which include Islamic collective investment schemes. BIMBSEC is independent from AIA Pension and Asset Management Sdn Bhd and does not hold office as a member of the investment committee of the Funds or any other funds managed and administered by AIA Pension and Asset Management Sdn Bhd. As at 30 April 2021, BIMB Securities is a corporate Shariah Adviser to seventy-six (76) Islamic funds including one (1) Islamic real estate investment trust (REIT).

Ir. Dr. Muhamad Fuad bin Abdullah (Dr. Muhamad Fuad)

Dr. Muhamad Fuad, the designated person in-charge of all Shariah matters in BIMB Securities is also appointed to its Shariah Advisory Committee effective on 1 June 2011.

He graduated with a Bachelor of Science Degree in Electrical Engineering in 1977 and a Master of Philosophy Degree in Electrical Engineering in 1982, both from the University of Southampton, England. He also obtained a Bachelor of Arts (Jayyid) Degree in Shariah from the University of Jordan in 1994 and a Doctor of Philosophy in Muslim Civilization from the University of Aberdeen, Scotland in 1996.

Currently, he sits on the Shariah committees of Public Islamic Bank Berhad and AIA-Public Takaful Berhad. He is a registered Shariah Adviser (2019-2022) with the SC.

He sits on the boards of Gagasan Nadi Cergas Berhad, Mesiniaga Berhad, PNB Commercial Sdn Bhd, Universiti Tun Abd Razak Sdn Bhd and Universiti Sains Islam Malaysia (USIM).

He was elected President of the Association of Shariah Advisers for Islamic Finance (ASAS) on 9 September 2020. Previously, he was an ASAS EXCO member from its inception in 2012 until 2018.

Dr. Muhamad Fuad is a recipient of the National Book Award 2015 for his book published by IKIM entitled "The influence of Islam Upon Classical Arabic Scientific Writings: An examination of the Extent of Their Reference to Quran, Hadith and Related Texts”.

Nurussaádah binti Nasarudin (Nurussaádah)

Nurussaádah joined BIMB Securities in June 2015. She is the designated Shariah officer responsible for the Shariah advisory services offered by the company.

Nurussaádah graduated with a Bachelor of Shariah majoring in Islamic Banking and Economics from the University of Yarmouk, Jordan.

Currently, she is responsible in providing Shariah inputs on the advisory, consultancy and research functions with regards to Islamic capital market and Islamic collective investment schemes, including but not limited to, conducting surveillance on the non-financial institution activities.

She is experienced in product development and review for Islamic capital market products specifically on Islamic stockbroking services.