KOSSAN’s ‘Greening Value Chain’ With PANTAS

Posted on 07/03/2023 by admin

The Greening Value Chain Programme (GVC) has been successfully rolled out by Kossan Rubber Industries (“KOSSAN”) together with its climate solutions partner, Pantas Software (“PANTAS”). This programme was previously launched by Bank Negara Malaysian (“BNM”) in conjunction with the Finance Day at COP-27, in Egypt^[1]. The event was held in attendance of Suhaimi Ali (Assistant Governor of Bank Negara Malaysia), Tan Sri Dato’ Lim Kuang Sia (Group Managing Director & CEO of Kossan Rubber Industries Berhad) and Max Lee (Chief Executive Officer, Pantas Software Sdn Bhd).

The programme aims to assist and incentivise carbon emission management among KOSSAN’s small medium enterprise (SME) suppliers, making them the strategic SME suppliers of KOSSAN. This programme enables these suppliers to access BNM’s Low Carbon Transition Facility (LCTF) of RM2 billion to fund SMEs’ working capital or capital expenditures related to low-carbon practices at an affordable rate.

To achieve this, PANTAS, a Malaysia-based climate-tech solution, will assist the SMEs to begin measuring GHG emissions and report on sustainability indicators in a consistent and efficient manner to help achieve national carbon reduction targets. The SMEs will receive free access to carbon accounting software solutions developed by PANTAS along with training and consultation services provided by GVC service provider partners such as Malaysia Green Technology and Climate Change Corporation (“MGTC”), Credit Guarantee Corporation Malaysia Berhad (“CGC”), British Standards Institution (“BSI”), and AmBank Berhad (“AmBank”) to kickstart their carbon management journey. The programme is supported by the Joint Committee of Climate Change (“JC3”) which is co-chaired by BNM and Securities Commission Malaysia.

As Tan Sri Dato’ Lim Kuang Sia, Group Managing Director and CEO of KOSSAN said in his speech, “This programme is a great representation of KOSSAN’s values. As part of KOSSAN’s L.I.V.E Sustainability Policy, we believe that to succeed in our sustainability journey, we need to strengthen our partnership and collaboration. This programme is a win-win-win relationship for our suppliers and KOSSAN, which also benefits the environment. This is one example of our commitment to creating shared values with our partners because we believe that our sustainability journey is a path to take together”.

PANTAS CEO and Co-founder, Max Lee stated, “We believe that an integrated software solution, relevant training and awareness are essential to get SMEs onboard KOSSAN’s sustainability efforts to ensure a just transition. Apart from assisting SMEs in measuring and disclosing the relevant climate data, PANTAS will also work with partners to help SMEs set and achieve carbon reduction targets.”

Following the GVC programme rollout, PANTAS and the selected service provider partners will hold regional training sessions to equip SME suppliers with valuable insights into climate change, including the importance and methods of carbon management and reporting. Additionally, SMEs will gain an in-depth understanding of the assurance process and access to climate-related financing products. The first training session will be held on March 21st, 2023 in Lanai Kijang, Kuala Lumpur.

Tan Sri Dato Lim Kuang Sia Group Managing Director And Chief Executive Officer Of Kossan Rubber Industries Bhd. 1024

Tan Sri Dato’ Lim Kuang Sia, Group Managing Director and Chief Executive Officer of Kossan Rubber Industries Bhd., said in his speech, “This programme is a win-win-win relationship for our strategic suppliers and KOSSAN, which also benefits the environment.”

Max Lee Chief Executive Officer Of Pantas Software Sdn. Bhd. 1024

Max Lee, Chief Executive Officer of Pantas Software Sdn. Bhd., said in his speech, “We believe that an integrated software solution, relevant training and awareness are essential to get SMEs onboard KOSSAN’s sustainability efforts to ensure a just transition.”

About GVC Programme

The GVC programme is an initiative by Bank Negara Malaysia together with the GVC strategic partners, which was announced at the COP-27 conference in Egypt in conjunction with Finance Day on 9 November 2022. The programme is envisaged to help SMEs begin their journey in sustainability reporting, to tackle climate change and reduce the nation’s carbon footprint. This programme incentivises and assists Malaysian SMEs in implementing impactful, long-term change to green their operations and benefit from the technical advisories and software tools from services provider partners and climate transition financing from the Low Carbon Transition Facility (LCTF) by Bank Negara Malaysia. Climate change is one of the biggest challenges facing our planet, and GVC strategic partners remain committed to doing its part in addressing this global crisis.

About KOSSAN

KOSSAN is one of the largest manufacturers of disposable gloves in the world and one of the largest technical rubber product manufacturers in Malaysia. With its long-term sustainable growth model, KOSSAN continues to forge solid partnerships and strategic client relations and remains committed to serving the needs, particularly of the healthcare, cleanroom and safety sectors for the Gloves division, and in industries such as automotive, infrastructure, marine, aviation, rail and mining for the Technical Rubber Products division.

For more information on KOSSAN and our products, please visit www.kossan.com.my

About Pantas

Pantas Software is a Malaysian climate-tech startup that provides companies with end-to-end climate solutions to calculate, manage and disclose their carbon emissions. The proprietary AI-enabled software includes a customised climate data collection tool, along with error detection and prevention features to produce an actionable climate plan based on international standards. Pantas also provides financial institutions and institutional investors with climate due diligence solutions to manage climate investment risk.

For more information on Pantas’ platform and services, please visit www.pantas.com

^[1]https://www.bnm.gov.my/-/cop27-gvc-lctf

Using The CANSLIM Formula To Choose Good Stocks

Posted on 07/03/2023 by admin

CANSLIM is an investment strategy popularized by William J. O’Neil, the founder of Investor’s Business Daily. He is an investor, stockbroker, and author.

The CANSLIM formula is a systematic approach to stock picking and portfolio management that emphasizes the importance of following rules and guidelines.

The CANSLIM Formula To Choose Good Stocks

Cropped View Professional Serious Finance Manager Holding Calculator

Now that we are done with the introduction let’s look at how we can use the CANSLIM formula to choose good stocks.

C – Current Earnings and Earnings Growth

This component of the CANSLIM formula emphasizes the importance of finding stocks with strong earnings growth. This means looking for companies that have consistently posted strong earnings reports and are expected to continue to do so.

The emphasis is on finding companies that have been able to deliver consistent earnings growth and have a strong track record of delivering on their financial commitments.

Read: Investing VS Trading, Which One Is Suitable For Me?

A – Annual Earnings Increase

Charts Graphs With Magnifying Glass Pencil Calculator

The annual earnings increase component of the CANSLIM formula is all about finding stocks with a strong upward trend in earnings. This means looking for companies that have posted year-over-year increases in earnings and are expected to continue doing so in the future.

N – New Products, Services or Management

The new products, services or management component of the CANSLIM formula is all about finding companies that are innovating and introducing new products or services to the market. This component also emphasizes the importance of having a strong management team, as a well-run company is more likely to succeed in the long term.

S – Supply and Demand

This component of the CANSLIM formula is all about understanding the forces of supply and demand and how they impact the price of a stock. In general, stocks with strong demand and limited supply perform better than those with weak demand and abundant supply.

Read: Fundamental Analysis vs Technical Analysis

L – Leader or Laggard

The leader or laggard component of the CANSLIM formula is all about finding stocks performing well compared to their peers. This means looking for companies outpacing their competitors in earnings growth, sales growth, and market share.

I – Institutional Sponsorship

The institutional sponsorship component of the CANSLIM formula is all about finding stocks backed by large institutional investors. This means looking for companies with a large base of institutional shareholders likely to receive continued support from these investors.

Read: 5 Investing Lessons from Warren Buffett’s Letters

M – Market Direction

The market direction component of the CANSLIM formula emphasizes the importance of timing your investments based on the market’s overall direction. This means looking for opportunities to invest in the stock market in a long-term uptrend and avoiding investments in a downtrend.

CANSLIM formula is designed to help investors identify stocks with strong earnings growth, solid management teams, and favorable market conditions. By following the guidelines of the CANSLIM formula to choose good stocks, investors can increase their chances of success and avoid common mistakes such as investing in stocks with poor earnings growth or investing in the stock market during a bear market.

In conclusion, the CANSLIM formula to choose good stocks is a comprehensive investment strategy many investors have used to build successful portfolios. While it is not a guarantee of success, following the CANSLIM formula can help investors make informed decisions and minimize their risk of loss.

Hope that you now know how to use the CANSLIM formula to choose good stocks. But as with any investment strategy, it is important to do your research and due diligence before making investment decisions.

Read: Where Market Is Heading And Why I Should Not Care

Renting VS Buying: When You Should Rent And When You Should Buy

Posted on 06/03/202331/07/2026 by admin

Renting vs buying is one of the hottest topics around town. This is for those who can’t decide whether to purchase a house in 2023 or keep renting until you can afford a home!

Purchasing your own home or property is one of the biggest achievements in life. The concept of putting a big amount of money into such an asset is overwhelming, and it is something that requires careful consideration.

Economists anticipate a contraction in the global economy in 2023, although most economies worldwide have largely returned to normal operations since the COVID-19 epidemic.

It’s also important to consider the costs associated with purchasing a home, which include mortgage payments, stamp duty, legal fees, valuation fees, mortgage insurance (MRTA), and real estate agent fees.

Yet, on the other hand, like most Malaysian millennials, you are probably sick of paying a sizable portion of your monthly rental income. And wouldn’t it be lovely to own your home, which could lead to a future period of strong capital growth?

Read: Is Malaysia Property Still Worth To Invest In?

Nonetheless, there are several grey areas in the renting vs buying decision. In the end, everything relies on the situation and future goals of the individual.

Did you know that based on the recent findings by National Property Information Centre (NAPIC), Malaysia’s median house price is RM320,000? But as you can see from the photo below, there is a huge median price difference across states in Malaysia.

According to NAPIC, the median home price in Malaysia in 2022 was RM320,000, up from RM305,000 in 2021. However, it fell to RM295,000 in Q1. The most expensive states to own a home in are Putrajaya, Kuala Lumpur, and Selangor, but this price differs. The median home price in Kedah and Melaka is RM220,000, which is half that of Kuala Lumpur.

Does it also depend on your location and whether you should rent or buy a house? There is no accurate answer to that. It all depends on you.

Yes! Every one of you has different life commitments, needs, and others.

Read: Do You Have The Patience To Make Money In Property?

Renting Vs Buying: Is Owning a Home Cheaper Than Renting?

We’ll use a renting vs buying calculator to estimate how much renting versus buying will cost.

Consider that you have decided to purchase a condominium at Setia Alam in Selangor for RM560,000. You will need to pay

10% upfront as a down payment
4% as a closing fee (legal fees, stamp duty and valuation fees)
3% Home Insurance
Monthly payments of about RM2,500
RM250 maintenance fee

The following are used to compute this:

10% down payment
4.25% interest rate
30-year loan term.

In contrast, the identical unit will cost you RM2,100 monthly to rent. You must pay the following before committing: RM5,750 as a down payment (equivalent to 2.5 monthly rent)

The renting vs buying Calculator makes the following assumptions:

Property values grow by 2% year over year.
Rental rates for the same properties increase at a 2% YoY rate.
4.0% as an investment yield (the percentage of annual earnings from investment in FD, stocks etc.)

Renting VS Buying: Cost

After 6 years, your total cost of homeownership (down payment, mortgage, taxes, etc.) for an RM560,000 home in Malaysia would be RM829,577. Renting leaves you with RM616,246 in your pocket (including the money you didn’t spend on a down payment).

Renting VS Buying: Gain

Malay Muslim Couples Receiving House Keys To New Home

After 6 years, if you buy, your home will have RM181,393 in equity (available to you when you sell). However, if you instead rent and invest your down payment and the other money you save, at a 4% return rate, it will earn around RM17,602 in 6 years.

Looking at your gross costs, equity and investment potential, buying is better for you to buy than renting if you plan to live in your home for more than 6 years.

As a result, it is better for you to only invest in a property that you are positive will meet your and your family’s needs over the long run. Dont forget about RPGT! It must also be considered by buyers who intend to upgrade in 5 years or fewer.

Remember that this is only an example for us to understand and see the whole picture. Prices for buying and renting property can vary significantly depending on the type of dwelling, the age of the property, and the location.

There are many other factors in deciding whether buying or renting is better for you. However, one of the easiest and fastest ways to do it is by using a renting vs buying calculator.

You should experiment with the renting vs buying calculator to determine whether buying your property right now makes sense.

In conclusion, the decision to rent or buy property in Malaysia ultimately comes down to one’s circumstances, financial status, and market trends. For those not yet ready to make a long-term commitment or who need flexibility, renting may be a better option.

On the other hand, buying a property may be a better choice for those looking for stability and long-term investment. It is important to consider all factors and make an informed decision based on needs and circumstances.

Read: How To Save 50% Of Your Housing Loan Interest In Half The Time, And Get Your Dream Car For Free

The Smart Investor’s Guide to Insurance

Posted on 06/03/202331/07/2026 by admin

Insurance is an essential aspect of financial planning. Think of insurance as a cushion. If tragedies or accidents occur, insurance acts as a financial cushion to protect what matters most to you – be it your loved ones, your assets, or your business.

Before the Covid-19 pandemic, insurance was considered a ‘nice-to-have’ instead of ‘must-have’. However, the pandemic shook up the general perception of insurance as people started to realise the importance of having a financial safety net to shoulder against life’s uncertainties.

Even so, many do not understand what insurance is, how it works and the types of insurance available.

protect family — Insurance is usually a financial cushion to protect you and your family. | Credit: fernandozhiminaicela

What is insurance and how does it work?

In a nutshell, insurance is a contract (deemed as a policy), whereby policyholders receive financial protection against losses resulting from an unforeseen event.

Policyholders pay a fixed premium on a monthly, quarterly, semi-annually or annual basis to an insurance company which pools risks to hedge against potential losses. Financial planners recommend setting aside 6% of your monthly income for insurance.

How do I know which insurance to purchase?

Calculations Accounting — Some simple calculations like what you can afford and how much coverage you’d need would be what you would consider before buying a policy. | Credit: stevepb via Pixabay

Before you purchase an insurance policy, it is important to ask yourself:

Your financial commitments: What is your debt situation? How would you manage your financial risks if you were to lose your job, or for your family manage if you were to pass on?
Your dependents: If you were to lose your job or pass on, would your dependents be able to manage financially? How much would your dependents need to cover living costs?
Your medical history: Is there a history of critical illness such as cancer or stroke in your family? Do you smoke?
The nature of your job: Do you have a high-risk job, a physically demanding job or a job that requires frequent travelling?
Your assets: Is your property insured against potential theft, fire, flooding, burst pipes or earthquake risks? Are you able to sustain losses or damages to your vehicle in the event of accidents, theft or fire?

Based on your answers above, you would have a clearer idea as to the types of insurance as well as the policy limit (sum insured) that you would require.

What are the types of insurance?

Life Insurance or Takaful

People often confuse life insurance and health insurance. Life insurance is essential primarily if you have debt or a spouse/dependents relying on your income. Your life insurance company pays a lump sum benefit to your next of kin to serve as a financial relief in the event of your demise or total permanent disability.

Takaful is an Islamic financial product that is regulated through the Islamic Financial Services Act 2013 and is Shariah-compliant. Do note that it is not considered ‘Islamic insurance’, even though that’s what many seem to regard it as such. Unlike conventional life insurance, Takaful participants contribute or donate an amount to a tabarru fund, from which the mutual risk of losses is borne based on the Islamic principles of brotherhood.

Health or Medical Insurance

If you are diagnosed with an illness, there are both direct and indirect costs involved. On top of direct costs such as your medical expenses, your illness may affect your ability to work, pay off debts or afford living expenses.

According to Aon’s 2023 Global Medical Trend Rates Report, medical inflation in Malaysia stands at 12% and is expected to rise. Medical insurance or commonly known as a medical card is a policy that reimburses your medical expenses in the event of illness, hospitalisation or surgery.

There are many medical cards in the market, with some starting from as low as RM5-10 per month. It is not mandatory but some employers include medical insurance as a fringe benefit which only covers up to a certain limit.

health illness disease — Illness can strike at anytime changing the course of your life; so it’s better to always be prepared. | Credit: geralt via Pixabay

Critical Illness Insurance

Based on your family and medical history, consider purchasing critical illness insurance on top of a medical card. A critical illness policy offers a lump sum payout as an income replacement if you are diagnosed with cancer, stroke, heart attack and so forth.

Personal Accident Protection

If you are a frequent traveller or involved in a physically demanding job, personal accident insurance is ideal for you as it covers medical expenses incurred from an accident, travel inconveniences or sickness resulting from travelling.

Property Insurance

After spending your hard-earned money on your home or property, the last thing you would want is to leave it unprotected from potential risks such as fire, theft, flood and natural disasters. Though property insurance is not compulsory in Malaysia, it is worth purchasing as it is not too costly.

Motor Insurance

Car or motor insurance is mandated by the Road Transport Department (JPJ) Malaysia, as you will not be able to apply for road tax without having a policy. In case of an accident, fire or vehicle theft, a comprehensive motor insurance covers damages and losses associated with the third-party injury as well as you or your authorised drivers who are driving the vehicle.

Getting started with insurance may be an overwhelming process. Rest assured, it is not necessary to purchase all types of policies, only the ones you truly need.

A great way to start is with the essentials such as medical and life policies. Afterwards, you can schedule a regular policy review to assess your evolving protection needs.

By Mabel Yan

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Bursa Malaysia And Maybank To Co-Host Invest Malaysia Kuala Lumpur 2023

Posted on 03/03/2023 by admin

Bursa Malaysia Berhad (“Bursa Malaysia” or the “Exchange”) and Maybank will co-host the 21st instalment of Invest Malaysia (“IMKL 2023”) on 8 March in Kuala Lumpur. The forum, which is Malaysia’s largest annual capital market gathering, is expected to attract an estimated 1,000 local and foreign fund managers, attending in person and online, with an estimated total AUM of USD10 trillion (approximately RM44 trillion).

Themed “Reshaping Malaysia’s Narrative: Strengthening Resilience & Sustaining Growth”, IMKL 2023 will provide an in-depth look at the strategic approaches and measures introduced in the recent re-tabled Budget 2023, which will support Malaysia’s long-term efforts to achieve sustainable development and economic growth. The conference will be inaugurated by Prime Minister YAB Dato’ Seri Anwar Ibrahim, who will deliver the Keynote Address, which is expected to focus on the country’s efforts to achieve high-income nation status while adhering to the values espoused in the “Malaysia Madani” concept.

“The recent budget reinforces Malaysia’s commitment to fiscal reform while addressing key concerns investors have when making investment decisions. The absence of a prosperity tax from this year’s budget also bodes well and encourages Malaysian companies to aim for higher earnings, thus raising their attractiveness to global investors,” said Datuk Muhamad Umar Swift, Chief Executive Officer of Bursa Malaysia.

“Further, the tax incentives on listing fees for the ACE and LEAP markets, as well as for technology-based companies listed on the Main Market, will encourage the listing of more high-potential and innovative companies,” added Datuk Muhammad Umar Swift. “This would result in more investment opportunities and increased trading interest among investors while also helping us achieve our target of 39 listings for 2023.”

Dato’ Khairussaleh Ramli, Group President & Chief Executive Officer at Maybank said, “We are honoured to partner with Bursa Malaysia once again to bring IMKL 2023 to the investing community. The conversations at Invest Malaysia will provide a better understanding of Malaysia’s medium-term fiscal and economic strategy in sustaining development, enhancing competitiveness and resuming its growth trajectory. We believe that a holistic approach that balances social and economic needs is pivotal for the nation to strengthen its resilience and to sustain growth. This is reflected in Maybank’s own mission of Humanising Financial Services, driven by our M25+ strategy.”

IMKL 2023 will showcase the following conversations:

• YB Tuan Mohd Rafizi Ramli, Minister of Economy will discuss “Strengthening Economic Resilience”,
• YM Senator Tengku Datuk Seri Utama Zafrul Tengku Abdul Aziz, Minister of International Trade & Industry will share his thoughts on “Enhancing Malaysia’s Competitiveness”,
• YB Ahmad Fahmi Mohamed Fadzil, Minister of Communications & Digital will talk about “Developing a Thriving Digital Ecosystem”,
• YB Anthony Loke, Minister of Transport will discuss on “Infrastructure Development for Sustainable Growth”, and
• YBhg Datuk Johan Mahmood Merican, Treasury Secretary General, Ministry of Finance will share further details on “Budget 2023 Highlights and Strengthening Fiscal Reform”.

“IMKL 2023 will provide impetus to strengthen the key building blocks that will reinforce Malaysia’s reputation as an attractive investment destination in the region,” concluded Datuk Muhamad Umar Swift.

IMKL 2023 will be live-streamed for public viewing on Bursa Malaysia’s Facebook page at https://www.facebook.com/BursaMalaysia/ on Wednesday, 8 March 2023 starting at 10.00am.

About Bursa Malaysia

Bursa Malaysia is an exchange holding company incorporated in 1976 and listed in 2005, and has grown to be one of the largest bourses in ASEAN today. Bursa Malaysia operates and regulates a fully-integrated exchange offering a comprehensive range of exchange-related facilities, and is committed to Creating Opportunities, Growing Value. Learn more at www.bursamalaysia.com.

About Maybank

Maybank is among Asia’s leading banking groups and South East Asia’s fourth largest bank by asset. The Maybank Group has an international network of over 2,600 offices in Malaysia, Singapore, Indonesia, Philippines, Cambodia, Thailand, Vietnam, Myanmar, Brunei, Laos, India, China, UK, USA, Pakistan, Saudi Arabia, Uzbekistan, and Dubai. The Group offers an extensive range of products and services, which includes consumer and corporate banking, investment banking, Islamic banking, stock broking, insurance and takaful and asset management. It has over 42,000 employees worldwide. (www.maybank.com).

AWS’ Cloud Infrastructure Region To Accelerate Rate Of Innovation For Malaysia

Posted on 03/03/2023 by admin

Amazon Web Services’ RM25.5 billion investment into Malaysia – making it the first in the region for cloud computing infrastructure with 3 availability zones is a catalyst on many fronts.

MRANTI believes this will accelerate the rate of innovation as it opens up more bandwidth for Malaysian innovators to closely collaborate with leading science, technology and innovation teams across the value chain, from anywhere in the world, at speed and with greater capacity, reliability, availability, manageability and security. This will raise the stature of our R&D for commercialisation while elevating more Malaysian technologies to market.

This in turn, will enhance the country’s security of innovation supply.

AWS’s investment also opens up new pathways for upstream and downstream R&D services and solutions to be developed in Kuala Lumpur – which is ranked as a top 10 innovation hub in the region.

It will also help us draw in the right talent and move Malaysia up the innovation value chain as the next-generation cloud infrastructure system will support a host of technologies by high-growth companies, set to take flight in the coming years.

Malaysia is already a base for many leading multinational and leading technology companies, and we believe more will follow in AWS’ lead in this regard.

Dzuleira Abu Bakar CEO MRANTI — Dzuleira Abu Bakar, CEO MRANTI

MRANTI is committed to connecting investors and innovators to accelerate ideas to impact. In this regard, we look forward to collaborating with AWS and Malaysian institutions, startups, and companies to deliver cloud-powered applications to fuel economic development across the country and to spur job creation, skills training, and educational opportunities for communities.

Ultimately, it will serve the needs of the rakyat, business and industry – as outlined in the Ministry of Science, Technology and Innovation (MOSTI)’s strategic initiatives and framework to enable Malaysia to migrate from a technology consuming to a technology producing nation strongly based on an innovation-driven economy.

About MRANTI

MRANTI is the one-stop research commercialisation agency with the resources to accelerate the commercialisation of innovative ideas that will drive impact. As a connector, collaborator and catalyst, MRANTI will connect problem statements (demand) with solutions (supply), bridging collaboration between public and private sectors (transition); increase private sector participation, either through market access, investment, advisory or consultation and facilities for testing and prototyping.

Saturna Sdn Bhd Launches Innovative Digital Platform For Shariah-Compliant Investments

Posted on 02/03/2023 by admin

Saturna Sdn Bhd, a leading shariah-compliant financial services firm, today officially launched its digital platform to help investors grow their wealth ethically and securely.

The online tool enables individuals to begin their investment journey in just a few clicks, with the guidance of Saturna’s deep expertise in the world of Islamic finance. Unlike other offerings currently available on the market, Saturna takes an investor-friendly approach by imposing no sales nor redemption charges and no hidden fees. Potential investors can also enjoy flexibility as Saturna’s funds do not come with a minimum holding period.

“Our new online platform is designed to be simple and secure for a seamless user experience,” said Pn. Shahariah Binti Shaharudin, President of Saturna Sdn Bhd. “It’s accessible enough for anyone to start investing in shariah-compliant solutions instantly, regardless of their experience or investment budget.”

Saturna Portal Launch2 1366 — Pn. Shahariah Binti Shaharudin, President of Saturna Sdn Bhd

The launch of Saturna’s digital platform was officiated by Pn. Ruslena Ramli, Director of Digital Finance and Islamic Digital Economy of Malaysia Digital Economy Corporation (MDEC), who expressed her hope that more organisations within the Islamic financing space will adopt innovative solutions to grow the industry further. “With this online platform, Saturna has led the way in making Islamic-based investment opportunities more available to a wider audience, enabling more individuals to benefit from the wealth of expertise they have to offer ,” said Pn. Ruslena.

In addition to Islamic principles, Saturna’s funds also comply with global Environmental, Social, and Governance (ESG) standards, where investments are made in companies engaging in socially-responsible and environmentally-friendly business practices or products.

“We see ESG measures as complementary to shariah-compliant initiatives, as they are both driven by sustainability considerations, mitigate volatile risk-taking, and value long-term growth,” explained Pn. Shahariah. “I believe the events of the past few years, from the 2008 financial crisis to the Covid-19 pandemic, have inspired a paradigm shift in the way we view investing and increased the appetite for socially-conscious metrics. With our extensive expertise in Islamic-based fund management, Saturna is well-positioned to meet this demand with alternatives to conventional financial planning solutions.”

The launch event also featured a forum discussion on future trends that will shape the investment scene in the coming year. Panellists at the dialogue included Pn. Ruslena Ramli, Director of Digital Finance and Islamic Digital Economy of Malaysia Digital Economy Corporation (MDEC), Yang Berusaha Ahmad Dasuki Abdul Majid, Chief Executive Officer of PTPTN and Professor Dato’ Dr Mohd Azmi Omar, President and Chief Executive of the International Centre for Education in Islamic Finance (INCEIF).

Saturna Sdn Bhd is a wholly-owned subsidiary of US-based Saturna Capital, whose Amana Growth Fund was ranked as the top Large Growth Fund of 2022 by US News & World Report. Since entering the Malaysian market in 2010, Saturna has established itself as a reputable and transparent Islamic financial firm, listing the National Higher Education Corporation Fund (also known as Perbadanan Tabung Pendidikan Tinggi Nasional or PTPTN) and the the Employees’ Provident Fund (EPF) as among its largest corporate investors.

Among the key tenets of shahriah-based investing are the prohibition on interest (or riba) as well as investments in activities that are prohibited by Islam (or haram), such as alcohol, gambling, and conventional insurance. Pn. Shahariah points out that these criteria are underpinned by a need to be socially responsible, making shariah-friendly investments an attractive option for anyone interested in ethical and transparent financial solutions.

“We are unique even within the Islamic finance sector as we prioritise value-orientated investments and sustainability over short-term profits, as backed by strong research and screening tools; our global track record over the decades has shown that this is an approach that works. Our commitment to Islamic principles shines throughout our investment process and client relationships. Since we operate on a collaborative model based on profit-and-loss sharing, we do not charge any fees when it comes to investing or withdrawing returns — we only earn if our clients earn,” said Pn. Shahariah.

In Malaysia, Saturna manages two popular shariah-compliant equity trust funds, namely the ICD Global Sustainable Fund and the ASEAN Equity fund, which offer investors exposure to global and regional investments respectively. Both funds are authorised by the Securities Commission Malaysia, and invest in a diversified portfolio that favours stable earnings for the long-term.

To sign up to Saturna’s digital platform, or learn more about its investment portfolio, go to: https://saturna.com.my/

About Saturna Sdn Bhd

Saturna Sdn. Bhd. (199501012969) is the wholly-owned Malaysian subsidiary of Saturna Capital Corporation, resulting from the 2010 purchase by Saturna Capital of Alpha Asset Management located in Kuala Lumpur. Saturna Capital is internationally recognised as an adviser to the Amana Mutual Funds Trust. We help individuals and institutions build wealth and preserve capital.

We serve institutional clients with active asset management services, individual investors with private mandates and manage unit trust funds approved and regulated by the SC of Malaysia

Saturna’s deep-rooted belief in value investing shines through in the quality of our investments. We don’t follow trends, we analyse opportunities. Our broad experience distinguishes Saturna in the investment business. Each of our employees is committed to creating and maintaining a unique firm, where client interests always come first.

Our global headquarters in Bellingham, WA sits between the Pacific Northwest’s major cities (Seattle and Vancouver, BC). Employees in the Bellingham, Los Angeles, Henderson (Nevada), and Chicago metropolitan areas service clients across the U.S.

Saturna Sdn Bhd holds an Islamic Fund Management Licence (“IFML”) with the Malaysian Securities Commission. Saturna is the first conventional asset manager to be converted to an Islamic asset manager.