MALAYSIA: PMB Investment, a wholly-owned subsidiary of government-linked company Pelaburan MARA, is eyeing future-facing asset classes such as carbon credits, while continuing to provide stable and Shariah compliant income solutions for institutional investors. It just launched the PMB Shariah Fixed Price Income Wholesale Fund for sophisticated investors, including institutions, corporates and high-net-worth individuals. The fund aims to maintain liquidity and preserve capital through a diversified portfolio which include Islamic fixed income instruments, Shariah compliant equities, collective investment schemes and Islamic deposits.
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