i-VCAP Management Sdn Bhd, a wholly-owned subsidiary of Valuecap Sdn Bhd, has appointed Amanie Advisors Sdn Bhd as its new Shariah adviser for its exchange traded funds (ETFs) under i-VCAP’s MyETF schemes.
“The appointment of Amanie Advisors follows the cessation of CIMB Islamic Bank Bhd as the funds’ Shariah adviser with effect from Aug 1, 2017,” i-VCAP told Bursa Malaysia.
i-VCAP said Amanie is the Shariah adviser for the Dow Jones Islamic Market Malaysia Titans 25, MSCI Malaysia Islamic Dividend, MSCI SEA Islamic Dividend and Thomson Reuters Asia Pacific ex-Japan Islamic Agribusiness ETFs.
According to i-VCAP’s website, Valuecap Sdn Bhd is equally owned by Khazanah Nasional Bhd, Permodalan Nasional Bhd and Kumpulan Wang Persaraan (Diperbadankan).