RHB Islamic Bank Berhad ("RHB Islamic") ,the Islamic banking entity of the RHB Group has recently signed an agreement with three fund management companies namely, AmInvestment Services Berhad, HwangDBS Investment Management Sendirian Berhad , RHB Investment Management Sendirian Berhad and two takaful companies which comprise of Takaful Ikhlas Sendirian Berhad and MAA Takaful Berhad to form a strategic and formidable partnership to market the Islamic Unit Trust Funds and Takaful Products.Signing on behalf of RHB Islamic Bank Berhad was its Managing Director ,Puan Jamelah Jamaluddin ,while the fund maangement and takaful companies were represented by Datin Maznah Binti Mahbob for AmInvesment Services Berhad ,the Takaful Ikhlas Sendirian Berhad and MAA Takaful Berhad were represented by Tuan Haji Syed Moheeb Syed Kamarulzaman and Salim Majid Zain respectively.With this signing ,RHB Islamic Bank will play the pivotal roles in pushing ,repackaging and marketing unit trust funds and takaful products.The existing products under Wealth Management which are actively marketed by RHB Islamic Bank are General Takaful and Islamic Estate Planning.
RHB Islamic bank chairman ,Datuk Haji Faisal Siraj expressed his confidence that this strategic partnership will produce a win-win situation to all parties concerned as the RHB Islamic will be able to
capitalize on the partners's experiences while the fund management and takaful companies can expect an extensive marketing initiatives from RHB Islamic through its dedicated and experience marketing teams.Furthermore,the demands and potential market for Islamic wealth management products within the fund management and takaful sector have experience an upward trend globally, and this positive business climate keeps growing.We are pleased to note that these strong and positive demands are not only generated from the Muslim customers ,but also from our non-Muslim investors.The special features of our Islamic Banking products which are strictly based on Shariah principles are an alternative for the conventional banking products.For our non-muslim investors,these Shariah-compliant funds offer an investment diversification.This is the main factor for the growth of Islamic Wealth Management products in Malaysia,"Datuk Haji Faisal added.Meanwhile ,Puan Jamelah Jamaluddin ,Managing Director of RHB Islamic Bank is confident that RHB Islamic could achieve its intended target of RM7.3 million in sales volume as a result of this concerted effort from all parties in the industry.She added,"As a distributor and agent for these five companies ,RHB Islamic ensures that customers will find the suitable investment portfolio that fits their profile while at the same time enjoying takaful protection".
RHB Islamic bank chairman ,Datuk Haji Faisal Siraj expressed his confidence that this strategic partnership will produce a win-win situation to all parties concerned as the RHB Islamic will be able to
capitalize on the partners's experiences while the fund management and takaful companies can expect an extensive marketing initiatives from RHB Islamic through its dedicated and experience marketing teams.Furthermore,the demands and potential market for Islamic wealth management products within the fund management and takaful sector have experience an upward trend globally, and this positive business climate keeps growing.We are pleased to note that these strong and positive demands are not only generated from the Muslim customers ,but also from our non-Muslim investors.The special features of our Islamic Banking products which are strictly based on Shariah principles are an alternative for the conventional banking products.For our non-muslim investors,these Shariah-compliant funds offer an investment diversification.This is the main factor for the growth of Islamic Wealth Management products in Malaysia,"Datuk Haji Faisal added.Meanwhile ,Puan Jamelah Jamaluddin ,Managing Director of RHB Islamic Bank is confident that RHB Islamic could achieve its intended target of RM7.3 million in sales volume as a result of this concerted effort from all parties in the industry.She added,"As a distributor and agent for these five companies ,RHB Islamic ensures that customers will find the suitable investment portfolio that fits their profile while at the same time enjoying takaful protection".
The Wealth Management products will be made available through all RHB Islamic Bank branches as well as RHB Islamic's Wealth Management Consultants nationwide.
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