BIMB Investment Review - Halal Finance Products
Reviewed quarterly and updated for major content changes.
BIMB Investment offers halal financial products and services designed to align with Islamic principles. These options provide alternatives to conventional interest-based financial products, using structures like Murabaha, Ijara, and Musharakah.
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HalalWallet 2026 Review
BIMB Investment - At a Glance
1
Products Reviewed
All
Provinces (Nationwide)
1
Category
Pros & Cons
What We Like
- No conventional shelf: every fund is Shariah-compliant by construction
- Lowest flagship minimum (RM500) in the peer group
- Bank Islam parentage and three decades of history
What Could Be Better
- BEST app decommissioned 1 January 2026 with replacement still under feasibility study
- Small AUM versus the giants limits fund range depth
- Up to 5.00% sales charge on the flagship
Who Is BIMB Investment Best For?
Purity-first investors
An Islamic-only house means zero risk of buying the wrong shelf
Small starters
RM500 opens the flagship equity fund, lowest among flagships compared
Shariah-ESG believers
UNPRI signatory running Shariah-ESG branded mandates
Detailed Analysis
BIMB Investment Management Berhad is the asset management arm of Bank Islam, Malaysia's first Islamic bank, and has run Shariah mandates exclusively since operations began on 20 June 1994. The house brands its range Shariah-SRI, pairing SAC-compliant screening with ESG overlays, and manages RM1.8 billion as at 30 June 2026 (site, crawled 2026-08-06).
The flagship BIMB i Growth commenced 30 June 1994, benchmarks the FBM Emas Shariah Index with 70% to 98% equity allocation, and charges 1.50% management with a 5.00% maximum sales charge and RM500/RM100 minimums (PHS dated 29 August 2025, crawled 2026-08-07). BIMB Securities Sdn Bhd, a fully Shariah-compliant broker, serves as Shariah Adviser to the company and all 16 funds including wholesale mandates.
The main operational caveat is digital: the BEST robo app that once made BIMB a fintech pioneer was decommissioned on 1 January 2026, with the company conducting a feasibility study for a successor. Until that lands, access runs through consultants, the office and third-party platforms (company notices, crawled 2026-08-06).
How It Works
Islamic fund management company (SC-licensed) wholly owned by Bank Islam; all funds carry Shariah mandates with BIMB Securities as appointed Shariah Adviser (crawled 2026-08-07).
Contact a consultant or the office
With the BEST app retired, onboarding runs through licensed consultants, the KL office or distribution partners.
Choose a Shariah-SRI fund
Seven retail funds spanning Malaysian equity, mixed assets, sukuk and global feeder mandates.
Start from RM500
Flagship minimum RM500 with RM100 additions.
Shariah Compliance Review
Oversight Level
Review details on provider's website
BIMB Securities Sdn Bhd as Shariah Adviser for BIMB Investment and its 16 funds (crawled 2026-08-07)
Shariah mandates only since 1994
Shariah status reclassification risk disclosed on fund pages
UNPRI signatory with Shariah-ESG integration
Shariah compliance should always be verified directly with BIMB Investment. HalalWallet reports publicly available oversight information but does not issue fatwas or certify compliance.
How It Compares
BIMB is the only Islamic-only retail fund house among the six managers compared; everyone else runs Islamic shelves inside conventional businesses. It concedes scale to Public Mutual and performance documentation to Principal, but nothing needs filtering. The post-app digital gap is the practical weakness versus robo alternatives like Wahed.
vs. Public Mutual
Vastly larger network and fund range, but a mixed house.
Halal-only conviction with an app, for those who want digital-first access.
Bottom Line
The purist's fund house: Islamic-only since 1994, bank-backed, RM500 entry. Accept a thinner range and, for now, an analogue onboarding experience.
Products from BIMB Investment
Why It's Halal
BIMB Investment is a wholly-owned subsidiary of Bank Islam Malaysia Berhad and states that it has provided investment management in Shariah mandates since inception in 1994; BIMB Securities Sdn Bhd is the appointed Shariah Adviser for the company and its 16 funds (Shariah adviser page, crawled 2026-08-07). The fund's own page lists Shariah status reclassification risk among its specific risks and confines the portfolio to Shariah-compliant equities, sukuk, Islamic money market instruments and Islamic deposits. As a bank-backed Islamic-only fund house and a UNPRI signatory, BIMB pairs Shariah screening with an ESG overlay across its Shariah-SRI branded range.
BIMB Investment
BIMB i Growth
Aggressive-growth Shariah equity fund from BIMB Investment, the Bank Islam subsidiary, with commencement date 30 June 1994. Benchmarked to the FBM Emas Shariah Index with 70% to 98% in Shariah-compliant equities. Sales charge up to 5.00% of NAV per unit, management fee 1.50% per annum, trustee fee 0.06%, minimum initial investment RM500 with RM100 additions (fund page and PHS dated 29 August 2025, crawled 2026-08-07).
Opens provider site - no obligation
Where Available
Based on listings we track, BIMB Investment operates nationwide:
Nationwide availability
Availability may vary by product type. Always verify current availability directly with BIMB Investment.
How We Compare
- • We review publicly available information from providers, including Shariah compliance documentation.
- • We compare financing structures, total costs, down payment requirements, and state availability.
- • We prioritize providers that clearly explain their halal compliance rationale and operate with transparency.
- • We note which products are available nationwide versus regionally.
- • Learn more about our methodology.
Quick Answer
BIMB Investment offers halal financial products that comply with Shariah principles, avoiding interest (riba) and prohibited industries. Their products are available in 1 state and include Investing options.
Key Takeaways
- BIMB Investment offers Shariah-compliant financial products that avoid interest and prohibited industries.
- Products are available in 1 state: Nationwide.
- Product categories include Investing.
- Always verify compliance directly with BIMB Investment and consult qualified Islamic finance advisors when needed.
- Compare BIMB Investment's products with other providers to find the best fit for your needs.
Important: HalalWallet provides educational information and comparisons to help you explore halal financial options. We do not provide financial, legal, or religious advice. Product structures and Shariah compliance oversight vary by provider. Always verify halal compliance directly with providers and consult with qualified Islamic finance advisors or scholars for guidance on specific products and your individual circumstances.
Sources and review process
This page is reviewed against HalalWallet editorial standards and source documentation.
Reviewed by: HalalWallet Editorial Team
Last reviewed: 2026-03-09
How to cite this page
Preferred format:
For time-sensitive claims (rates, fees, state availability), please verify directly with the provider's official documentation and note the retrieval date.
Related Guides
Frequently Asked Questions
What types of halal products does BIMB Investment offer?
BIMB Investment offers 1 product across 1 category. BIMB Investment is best for [object Object],[object Object],[object Object]. Review the products listed above or contact BIMB Investment directly for current offerings.
How does BIMB Investment ensure Shariah compliance?
BIMB Securities Sdn Bhd as Shariah Adviser for BIMB Investment and its 16 funds (crawled 2026-08-07) Shariah mandates only since 1994 Shariah status reclassification risk disclosed on fund pages UNPRI signatory with Shariah-ESG integration
How does BIMB Investment work?
Contact a consultant or the office: With the BEST app retired, onboarding runs through licensed consultants, the KL office or distribution partners. Choose a Shariah-SRI fund: Seven retail funds spanning Malaysian equity, mixed assets, sukuk and global feeder mandates. Start from RM500: Flagship minimum RM500 with RM100 additions.
Is BIMB Investment available in my state?
BIMB Investment operates nationwide, though specific products may have regional limitations. Always verify current availability directly with BIMB Investment.
What are alternatives to BIMB Investment?
BIMB is the only Islamic-only retail fund house among the six managers compared; everyone else runs Islamic shelves inside conventional businesses. It concedes scale to Public Mutual and performance documentation to Principal, but nothing needs filtering. The post-app digital gap is the practical weakness versus robo alternatives like Wahed. Public Mutual: Vastly larger network and fund range, but a mixed house. Wahed Invest Malaysia: Halal-only conviction with an app, for those who want digital-first access.
Are BIMB Investment's products more expensive than conventional options?
Halal financing structures can have different fee structures compared to conventional products. Some options may be competitive with conventional rates, while others may have different cost structures. Pricing varies by product type, location, and individual circumstances. Always compare total costs and terms when evaluating options.
How do I contact BIMB Investment?
Contact information for BIMB Investment should be available through their website or the product listings above. Use the action links provided with each product to visit BIMB Investment's website or contact them directly for more information.
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