BIMB Securities Sdn Bhd

BIMB Securities Sdn Bhd (“BIMB Securities”) is the Shariah Adviser for the following LIB’s fund (the “Shariah-Compliant Fund”):

  1. Libra Shariah Liquidity Fund Series 2


General Information of BIMB Securities

BIMB Securities is a stockbroking subsidiary of BIMB Holdings Bhd. It was incorporated on 21 February 1994. The corporate mission of BIMB Securities 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 or non-Muslims, looking for Shariah-compliant investment products and services.


Profile of the Shariah Team

The designated Shariah person in-charge of Libra Invest Berhad’s Shariah-Compliant Funds is as follows:



Ir. Dr. Muhamad Fuad bin Abdullah




Designated Shariah Person




Doctor of Philosophy in Muslim Civilization (University of Aberdeen, Scotland).




Ir. Dr. Muhamad Fuad (Dr. Muhamad Fuad), the designated person in charge of all Shariah matters was appointed on 1 June 2011. He was concurrently appointed to the Shariah Advisory Committee of BIMB Securities Sdn. Bhd.

Currently, he serves as the Chairman of the Shariah Committee of MIDF Group of Companies. He sits on the boards of Gagasan Nadi Cergas Berhad, Mesiniaga Berhad, PNB Commercial Sdn Bhd, Universiti Tun Abdul Razak Sdn Bhd, Universiti Sains Islam Malaysia (USIM), USIM Tijarah Holdings Sdn Bhd and Institut Kefahaman Islam Malaysia (IKIM), a public company limited by guarantee.

Dr. Muhamad Fuad chairs the Professional Development Committee of the Association of Shariah Advisers for Islamic Finance (ASAS). He is the Chairman of the Advisory Panel of the Faculty of Syariah and Law of USIM since 4 October 2016.

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 obtained a Bachelor of Arts Degree 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.

He is the designated person responsible for Shariah matters related to the Shariah compliant Funds.