The fund seeks to achieve higher returns compared to the benchmark over the short term* while preserving capital** by investing in sukuk issued or guaranteed by the government of Malaysia and/or Bank Negara Malaysia.
* Short term means a period of 1 to 3 years.
** Opus SSTLRAF is neither a capital guaranteed fund nor a capital protected fund.
Any material change to the investment objective of the fund will require Unit Holders' approval.
Latest NAV Price (Dec 01, 2023)
Fund Size (as at Nov 30, 2023)
|Minimum Initial Investment |
|Redemption Price Date |
T day (before 4pm every business day)
|Redemption Payment Date |
Within 7 Business Days
|Management Fee |
Up to 0.20% per annum of the NAV of the fund
|Trustee Fee |
0.025% per annum of the NAV of the fund, subject to a min of RM12,000 p.a
|Minimum Initial Investment||MYR 1,000.00|
|Management Fee||Up to 0.20% per annum of the NAV of the fund|
|Trustee Fee||0.025% per annum of the NAV of the fund, subject to a min of RM12,000 p.a|
|Redemption Price Date||T day (before 4pm every business day)|
|Redemption Payment Date||Within 7 Business Days|
This fund is managed by Ng Lee Peng, Group Head of Investment.
Tawafuq Consultancy Sdn Bhd (Company No.: 201501036171 (1161491-M)) has been appointed as the Shariah adviser for the fund. The designated team responsible for Shariah matters of the fund are as follow:
Syeikh Ibrahim Bin Nasir Al-Sawafi (Chairman Shariah Advisory Board)
Syeikh Ibrahim Al-Sawafi holds the office of Learned Secretary at the Ifta Office of the Ministry of Awqaf & Religious Affairs of the Sultanate of Oman. Syeikh Ibrahim is a renowned Shariah scholar and member of several Shariah boards in the Sultanate of Oman including the Shariah Advisory Board of Bank Nizwa. He regularly speaks at Islamic banking & finance seminars and conferences and is an active participant in the development of the Islamic banking & finance industry in Sultanate of Oman.
Muhammad Aiman Mohamad Salmi (Director/ Principal Consultant/Managing Advisor)
A Chartered Professional in Islamic Finance (CPIF), Aiman holds a Bachelor of Laws (Honours) and Bachelor of Laws (Shariah)(Honours) from the International Islamic University Malaysia (IIUM) and a MSc in Islamic Finance from INCEIF, Malaysia. An Advocate and Solicitor of the High Court of Malaya (Malaysia) and a qualified Malaysian Syarie Counsel, he regularly delivers Islamic finance courses and has completed the prestigious “i-Advisor program” organized by the SC.
Currently, he is a member of the Chartered Institute of Islamic Finance Professionals (CIIF), the Association of Shariah Advisers in Islamic Finance Malaysia (ASAS), Malaysian Finance Association (MFA), Malaysian Association of Muslim Finance Professionals (MAMFP), ASEAN Young Professionals Network (AYPN), Asian Institute of Chartered Bankers (AICB), and the International Council for Islamic Finance Educators (ICIFE). He is also the Deputy President of Malaysia Young Shariah Scholars Association (MySSA). He is the Principal Consultant and the Qualified Shariah Personnel for Tawafuq Consultancy, as required by SC. He has served a major local Islamic bank assigned to the Shariah Department, whereby he oversees Shariah-compliance aspect of the banking products, offerings, procedures and system and regularly conducts researches on various arising Shariah issues for consumer, business and corporate, wholesale and investment banking segments. Aiman is an accredited trainer with the Islamic Banking & Finance Institute of Malaysia (IBFIM) and has founded the Young Shariah Scholars’ Discourse Series (YSD).
Dr. Ahmad Zakirullah Bin Mohamed Shaarani (Senior Consultant)
Dr. Ahmad Zakirullah currently serve as a senior lecturer at faculty of Management and Economy, Universiti Pendidikan Sultan Idris and also a member of Shariah Committee of the United Overseas Bank Malaysia Berhad. Previously he served Islamic Banking and Finance Institute of Malaysia (IBFIM) from February 2008 till October 2018. His prior responsibility includes providing Shariah input on the advisory, consultancy, and research functions with regard to Islamic banking, takaful, Islamic capital market and Shariah-compliant funds. He also has served University Sains Islam Malaysia (USIM) and PTPL College. He obtained his Diploma of Shariah Islamiyyah (Hons) from Higher Institute of Islamic and Arabic Language (MADIWA), Perak, Bachelor of Shariah Islamiyyah (Hons) Degree from AlAzhar University, Egypt, Master’s Degree (Hons) of Islamic Revealed Knowledge and Heritage (Fiqh and Usul al-Fiqh) from the International Islamic University Malaysia and Doctor of Philosophy of Usul al-Fiqh from University of Malaya.
Or you may download the application forms here.