Wholesale Fund

OPUS SHARIAH LIQUID INCOME FUND

To achieve higher returns than 1-Month Islamic Fixed Deposit Rate over the short term and to provide liquidity while preserving capital and generating regular income.

Note: The Manager regards 1-3 years as short-term.

MYR 1.0000

Latest NAV Price (May 17, 2024)

N/A

Fund Size

Date	Price (RM)	Distribution (RM)
2024-05-06	1.0000	-
2024-05-07	1.0000	-
2024-05-08	1.0000	-
2024-05-09	1.0000	-
2024-05-10	1.0000	-
2024-05-13	1.0000	-
2024-05-14	1.0000	-
2024-05-15	1.0000	-
2024-05-16	1.0000	-
2024-05-17	1.0000	-

Information

Minimum Initial Investment MYR 50,000.00	Redemption Price Date T day (before 4pm every business day)	Redemption Payment Date Within 10 calendar days
Management Fee Up to 0.50% per annum of the NAV of the Fund.	Trustee Fee Up to 0.03% per annum of the NAV of the Fund

Minimum Initial Investment	MYR 50,000.00
Management Fee	Up to 0.50% per annum of the NAV of the Fund.
Trustee Fee	Up to 0.03% per annum of the NAV of the Fund

Redemption Price Date	T day (before 4pm every business day)
Redemption Payment Date	Within 10 calendar days

Performance Chart

Price Chart

Documents

Info Memo

Product Highlight Sheet

Designated Fund Manager

This fund is managed by Ahmad Zarul Fitri Bin Mohd Azam, Investment Manager.

Shariah Adviser

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:

Muhammad Aiman Mohamad Salmi (Director/ Principal Consultant)
A Chartered Professional in Islamic Finance (CPIF) and a Certified Shariah Adviser & Auditor (CSAA), Aiman holds a MSc in Islamic Finance from INCEIF, Malaysia, Bachelor of Laws (Honours) and Bachelor of Laws (Shariah)(Honours) both from the International Islamic University Malaysia (IIUM) respectively. A Director/Principal Consultant at Tawafuq Consultancy Sdn Bhd and a partner at Messrs. Mu’az Aiman Halem Auzan & Associates (MAHA Lawyers), his main practice areas include legal and Shariah advisory for corporate finance/banking, equity market, Islamic real estate investment trust (i-REIT), fintech, corporate commercial, and real estate.

Apart from being the founding Deputy President of Malaysia Young Shariah Scholars Association (MySSA), he currently 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). As a Shariah qualified personnel for two registered Shariah advisers approved by the Securities Commission Malaysia , namely Tawafuq Consultancy Sdn. Bhd. and MAHA Shariah Advisory Sdn. Bhd., and an accredited trainer with Islamic Banking & Finance Institute of Malaysia (IBFIM), he regularly delivers Islamic Finance talks and trainings and has completed the prestigious “i-Advisor program” organized by the Securities Commission Malaysia.

Prior to his recommencement of legal practice, 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 research on various arising Shariah issues for consumer, business and corporate, wholesale and investment banking segments.

Most of his exposure be it with the legal fraternity or the banking sector are closely related to the Islamic Finance industry. His main practice areas include corporate finance/banking, equity market, Islamic real estate investment trust (i-REIT), Islamic securities, retail & commercial banking where he advises corporations (including listed companies), investment banks and financial institutions, commercial and development financial institutions and individuals on matters ranging from issuance of sukuk, to development of retail, trade or investment banking products.

Dr. Ahmad Zakirullah Bin Mohamed Shaarani (Lead Consultant)
Dr. Ahmad Zakirullah is currently a member of Shariah Committee of Bank Muamalat Malaysia Berhad, Export-Import Bank of Malaysia Berhad, Hong Leong MSIG Takaful Berhad and National Farmer Organization (NAFAS). Previously he served at 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 Al-Azhar 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.

Muhammad Hasanan Yunus (Lead Consultant)
A Shariah adviser listed under the Securities Commission Malaysia. Hasanan holds a Bachelor of Shariah (Honours) from the University of Malaya and currently is pursuing his Masters of Shariah, Islamic Professional Credit Certification (iPCC) and Shariah Registered Financial Planner. Hasanan has various experience related to banking and Islamic capital market segments covering Shariah risk, Shariah governance, Shariah advisory, Shariah research & development, Shariah review, Shariah audit and module development. His experience includes:

Facilitation of systematic identification, measurement, monitoring and reporting of Shariah non-compliance risks events.
Provision of Shariah compliance oversight covering advisory, research & development, review, audit and risk.
Development of various Shariah compliant banking, capital market, and social finance products.
Processing and structuring of project financing applications and supervision of the operation.

Begin Investing

You may download the application forms here.

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Sophisticated Investors

High Net-Worth Individuals

An individual whose total net personal assets, or total net joint assets with his or her spouse, exceeding RM3 million or its equivalent in foreign currencies, excluding the value of the individual’s primary residence; or
An individual who has a gross annual income exceeding RM300k or its equivalent in foreign currencies in the preceding twelve months; or
An individual who jointly with his or her spouse, has a gross annual income exceeding RM400k or its equivalent in foreign currencies in the preceding twelve months; or
An individual whose total net personal investment portfolio or total net joint investment portfolio with his or her spouse, in any capital market products exceeding RM1 million or its equivalent in foreign currencies.

High Net-Worth Entities

A company that is registered as a trust company under the Trust Companies Act 1949 and has assets under its management exceeding RM10 million or its equivalent in foreign currencies.
A corporation that is a public company under the Companies Act 2016 which is approved by the Securities Commission to be a trustee under the CMSA 2007 and has assets under its management, exceeding RM10 million or its equivalent in foreign currencies; or
A corporation that is carrying on the regulated activity of fund management solely for the benefit of its related corporations and has assets under its management exceeding RM10 million or its equivalent in foreign currencies.
A corporation with total net assets exceeding RM10 million or its equivalent in foreign currencies based on the last audited accounts.
A partnership with total net assets exceeding RM10 million or its equivalent in foreign currencies.
A statutory body established under any laws unless otherwise determined by the Securities Commission Malaysia.
A pension fund approved by the Director General of Inland Revenue under the Income Tax Act 1967.

Accredited Investors

A unit trust scheme, private retirement scheme or prescribed investment scheme.
Bank Negara Malaysia.
A licensed person or a registered person.
An exchange holding company, a stock exchange, a derivatives exchange, an approved clearing house, a central depository or a recognised market operator.
A corporation that is licensed, registered or approved to carry on any regulated activity or capital market services by an authority in Labuan or outside Malaysia which exercises functions corresponding to the functions of the Securities Commission Malaysia.
A bank licensee or an insurance licensee as defined under the Labuan Financial Services and Securities Act 2010.
An Islamic bank licensee or a takaful licensee as defined under the Labuan Islamic Financial Services and Securities Act 2010.
A chief executive officer or a director of any person referred to in points III to VII under the Accredited Investors category.
A closed-end fund approved by the Securities Commission Malaysia.

Others

Any person who acquires the unlisted capital market product where the consideration is not less than RM250,000 or its equivalent in foreign currencies for each transaction whether such amount is paid for in cash otherwise.