Shariah Adviser

Growing Your Investments in a Changing World
Shariah Adviser

Amanie Advisors Sdn Bhd
Amanie Advisors Sdn Bhd (''Amanie'') is a Shariah advisory, consultancy, training and research and development boutique for institutional and corporate clientele focusing on Islamic financial services. Amanie is a registered Shariah advisory company for Islamic unit trust with the Securities Commission Malaysia (“SC”). It has been established with the aim of addressing the global needs for experts' and Shariah scholars' pro-active input. This will ultimately allow industry players to manage and achieve their business and financial goals in accordance with the Shariah Principles. Amanie also focuses on organizational aspect of the development of human capital in Islamic finance worldwide through providing updated quality learning embracing both local and global issues on Islamic financial products and services.

The company is led by Tan Sri Dr Mohd Daud Bakar and consists of an active and established panel of consultants covering every aspect related to the Islamic banking and finance industry both in Malaysia and the global market. Currently, the team comprises eight (8) full-time consultants who represent dynamic and experienced professionals with a mixture of corporate finance, accounting, product development, Shariah law and education.

Amanie meets every quarter to address Shariah advisory matters pertaining to our Shariah funds. As at June 2022, Amanie has acquired seventeen (17) years of experience in the advisory role of unit trusts with more than 120 active funds, in which Amanie acts as Shariah Adviser.


The roles of Shariah Adviser are:

  1. To ensure that the Shariah compliant funds managed by AmFunds Management Berhad and AmIslamic Funds Management Sdn Bhd (“Funds”) are managed and administered in accordance with Shariah Principles.
  2. To provide expertise and guidance in all matters relating to Shariah Principles, including on the deed, disclosure document, information memorandum and prospectus, structure and investment process, and other operational and administrative matters of the respective Funds.
  3. To consult with SC where there is any ambiguity or uncertainty as to an investment, instrument, system, procedure and/or process.
  4. To act with due care, skill and diligence in carrying out its duties and responsibilities.
  5. Responsible for scrutinizing the Funds’ compliance report as provided by the compliance officer, and investment transaction reports provided by, or duly approved by, the trustee of each Fund to ensure that the Funds’ investments are in line with Shariah Principles.
  6. To prepare a report to be included in each Fund’s interim/quarterly and annual reports certifying whether the Fund have been managed and administered in accordance with Shariah Principles for the period concerned.

The designated person responsible for Shariah advisory matters of the Funds is Tan Sri Dr Mohd Daud Bakar as the Executive Chairman. Other consultant is Suhaida Mahpot.
The Consulting Team
Tan Sri Dr Mohd Daud Bakar
Shariah Adviser/Executive Chairman
Suhaida Mahpot
Chief Executive Officer

Suhaida Mahpot is the Chief Executive Officer for Amanie Advisors in Kuala Lumpur office. She joined Amanie in 2008 and was amongst the pioneers in the company. She is a specialist in sukuk advisory and has been partnering with Tan Sri Dr Mohd Daud Bakar for the last 10 years to advise numerous sukuk locally and internationally.

One of the sukuk advised by her has been awarded as Best Securitisation Sukuk at The Asset Triple A Islamic Finance Award (2017). Apart from sukuk advisory, her primarily focus is on Shariah governance, structuring, enhancement and conversion exercises, establishment of Islamic financial entities as well as development of Islamic products. She holds a Bachelor of Economics (Islamic Economic & Finance) from International Islamic University Malaysia, and currently pursuing MSc in Islamic Finance with INCEIF. Her career in banking & financial industry started as a trainee under Capital Market Graduated Trainee Scheme organized by the SC.

Prior to joining Amanie, she worked with Affin Investment Bank Bhd since 2006 as an executive for debt & capital markets department. She completed various project financing deals using private debt securities instruments ranging from infrastructure & utilities, real estate, plantation and many others.

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