ARIM Steady Income I Fund

The ringgit-denominated Islamic fixed income wholesale ARIM Steady Income I Fund, targeted at sophisticated investors, is designed to deliver regular monthly income while maintaining a conservative risk profile.

“The fund’s distribution approach is its key differentiator,” explained a representative from fund manager AmanahRaya Investment Management (ARIM). The fund aims to conduct monthly income distribution – which will be automatically reinvested as additional units.

“Unlike most Islamic income funds, which limit distributions to realized profit income, this fund also incorporates unrealized gains. Our approach allows for smoother, more predictable monthly payouts, while still adhering to a disciplined Shariah compliant investment framework.”

Benchmarked against the Maybank one-month Islamic deposit rate, this fund primarily invests in sovereign, quasi-sovereign and corporate Sukuk, alongside Islamic money market instruments and deposits with financial institutions.

At least 30% of its NAV is held in Sukuk at all times – where corporate Sukuk must have a minimum ‘AA3’ rating by Malaysia’s RAM Holdings or equivalent agencies. The Sukuk investments can also be conducted indirectly via Islamic collective investment schemes.

The actively-managed ARIM Steady Income I Fund seeks to deliver returns above conventional deposit yields through the selective Sukuk exposure, where up to 70% of the fund NAV can be in Islamic money market instruments and Shariah deposits – with tenors capped at five years.

Minimum initial subscription is set at RM10,000 (US$2,400), with subsequent investments in RM5,000 (US$1,200) increments. Unitholders don’t need to maintain a minimum amount after investing nor are they subjected to a lock-in period.

Constituted on the 6^th November 2025, subscription to this fund is open to both individuals and institutions. BIMB Securities is the Shariah adviser.

“Our ability to maintain monthly payouts using both realized and unrealized gains positions this fund as a viable alternative for institutions prioritizing cashflow stability within a Shariah compliant framework,” noted the ARIM representative.

*Disclaimer:  The opinions and viewpoints expressed in the Fund Profile do not constitute as recommendations for any funds highlighted. The information presented is not investment advice and should not be treated as such.

Source: AmanahRaya Investment Management