Monday, November 29th, 2010 19:23:00

KUALA LUMPUR: Pelaburan Hartanah Bhd (PHB), a subsidiary of Yayasan Amanah Hartanah Bumiputera, today launched a RM1 billion investment fund to help Bumiputera entrepreneurs own properties.

The "Amanah Hartanah Bumiputera" launched by Prime Minister Datuk Seri NajibTun Razak is open to Bumiputera entrepreneurs with an initial investment of only RM500.

"Under the Syariah-compliant investment scheme, Bumiputeras will indirectly have an opportunity to own equities in major properties. The unit trust will be sold at RM1 a unit," said PHB managing director and chief executive officer Kamalul Arifin Othman at the launch of the scheme.

He said PHB was collaborating with Maybank to facilitate smooth transaction of the scheme.

"Bumiputera entrepreneurs who are keen to participate in the scheme can go to the 400-odd Maybank branches nationwide to buy the AHB units," he said.

On AHB returns, Kamalul Arifin assured investors that the returns would not be less than six per cent per annum based on the property sector's performance at the Golden Triange area.

He said the PHB would continue to identify business opportunities through acquisition of premier assets and developing properties particularly in thecommercial property development sector.

"We are also looking to grow the fund size by another RM500 million by next year," he added.

Established in May 2006, PHB is an investment holding company, which currently owns properties worth in excess of RM1 billion in and around the Klang Valley.

source HERE

Amanah Hartanah Bumiputera (AHB)

A fund that seeks to provide Unit Holders with a regular and consistent income stream whilst preserving the Unit Holders’ investment capital

Fund type / Category:

Min initial investment:
500 units

What is Amanah Hartanah Bumiputera?

  • A Shariah Compliant Unit Trust
  • An opportunity to benefit from rental income of prime commercial properties.

Investment Objective

The Fund seeks to provide Unit Holders with a regular and consistent income stream whilst preserving the Unit Holders' investment capital

Investment Strategy

The Fund will seek to achieve its investment objective by investing primarily in the beneficial ownership of real estate in Malaysia from the Sponsor in particular commercial properties including but not limited to office buildings, shopping complexes, commercial centres, logistics and industrial complexes. The Fund will also invest in Shariah-compliant money market instruments and equivalent instruments and hold cash to meet its liquidity requirements

Fund Manager

Mayban Investment Management Sdn. Bhd.

Potential Investors

  • Investors who seek capital preservation
  • Investors with low risk tolerance
  • Investors who wish to benefit from prime commercial property, via rental income.


  • Malaysian Bumiputera:
    • Akaun Dewasa (18 years and above)
    • Akaun Remaja (18 years and above as legal guardian for minors age three (3) months and above but below 18 years. Both legal guardian and minor must be Malaysian Bumiputera)
  • Bumiputera institution¹
    ¹Any Bumiputera institution's investment in the Fund is only by invitation from the Manager and the Sponsor

Minimum Initial Investment

500 Units

Maximum Investment

Limited to 200,000 Units per Unit Holder

Minimum Additional Investment

100 Units

Minimum Balance of Units

500 Units

Minimum Redemption

500 Units

Frequency of withdrawal

Once in a calendar month


The above details applicable to Individual Unit Holders only

source HERE

source HERE

AHB Financing-i
The new Islamic financing facility for the purchase of Amanah Hartanah Bumiputera unit trust fund

AHB Financing-i provides financing for the purchase of Amanah Hartanah Bumiputera (AHB) unit trusts based on the Shariah principles of Bai' ‘Inah (sale with immediate repurchase).

* Individuals age 18 years up to 59 years old
* Malaysian Residents
* Bumiputera

Financing Amount

* Min financing amount : RM10,000
* Max financing amount : RM200,000

Margin of Financing

Up to 105%

* 100% of nominal value of unit trust
* 5% on GRTT (premium capitalization)

Financing Tenure

* Payment period of up to 25 years or up to the age of 60

Profit Rate

Effective Rate:

* BFR - 1.65% (throughout financing tenure)

Selling Price Rate/Ceiling Rate fixed at

* BLR + 4.0% or 10%, whichever is higher

Payment Frequency

* Monthly

Payment Option

* Single installment only

Mode of Installment Payment

* Standing Instruction (SI)

AHB Income Distribution

* Income distribution (if any) will be made on a semi annual basis.
* AHB financial year ends September 30

Documents Required

• Application form
• Certified True Copy of Identity Card (both sides)
• Photocopy of latest 3 months' pay slip (only for financing above RM50,000)

source HERE

Posted by Mr Thx Monday, November 29, 2010


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