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Malaysia
2008 (18 Years)
Last online: No recent activity
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This company is currently Unproved.
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License
A Grade License
Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.
B Grade License
Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.
C Grade License
Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.
D Grade License
From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.
Get to know Principal Islamic
Company Information
Get to know Principal Islamic
Principal Asset Management Berhad is a prominent asset management company in Malaysia, resulting from a joint venture between Principal Financial Group and CIMB Group Holdings Berhad. The company operates the "Principal Islamic" brand, which focuses exclusively on providing Shariah-compliant investment solutions. Its mission is to help individuals and institutions achieve their financial goals through a diverse portfolio of Islamic unit trusts, private retirement schemes, and customized investment mandates that adhere to Islamic principles. With a history rooted in both global investment expertise and deep local market knowledge, Principal Islamic aims to be a leader in the Islamic asset management industry in the ASEAN region.
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