Shariah Adviser

The Shariah Adviser for Pacific Mutual's Shariah-compliant funds is BIMB Securities Sdn Bhd (BSSB).

BSSB, a stockbroking subsidiary of BIMB Holdings Bhd, was incorporated on 21 February 1994. The corporate mission of BSSB 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 and Non-Muslims, looking for Shariah-compliant investment products and services. BSSB is registered with the Securities Commission to act as a Shariah Adviser for Shariah-compliant products and services regulated by the SC, which include Islamic collective investment schemes. BSSB is a corporate Shariah Adviser to 83 Islamic unit trusts funds. .

Profile Of Designated Shariah Person:
Ir. Dr. Muhamad Fuad bin Abdullah (Dr. Muhamad Fuad), the designated person in-charge of all Shariah matters in BIMB Securities Sdn Bhd (BIMBSEC) was appointed on 1 June 2011. He was concurrently appointed the Shariah Advisory Committee of BIMBSEC. 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) 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.

Dr. Muhamad Fuad is the designated Shariah person in-charge of Pacific Mutual’s Shariah-compliant funds.