What Saturna Sendirian Berhad does

Saturna Sendirian Berhad (operating as Saturna Sdn Bhd, and referred to in marketing as Saturna Malaysia) is a Kuala Lumpur-based Islamic asset management firm and the wholly-owned Malaysian subsidiary of US-based Saturna Capital Corporation, a private, employee-owned investment adviser founded in 1989 in Bellingham, Washington. The Malaysian entity was established through Saturna Capital's 2010 acquisition of Alpha Asset Management and combines the parent group's 35+ years of faith-based investment heritage with local Shariah expertise. The company is regulated by the Securities Commission Malaysia, with Shariah compliance validated by Amanie Advisors and supported by a methodology co-developed with the Fiqh Council of North America.

The firm's core products are two Shariah-compliant unit trust funds — the Saturna Global Sustainable Fund (global Shariah-compliant equities, USD-denominated) and the Saturna ASEAN Equity Fund (ASEAN Shariah-compliant equities, MYR-denominated) — plus personalized Investment Management Accounts (IMAs) and dedicated Institutional Services for pension funds, foundations, corporations, and government-linked entities. Underlying the investment process is the proprietary NEPTUNE® software, which screens, grades, and monitors more than 10,000 global securities monthly, integrated with an in-house A-F ESG rating system and rule-based Islamic financial screens.

Saturna generates revenue through recurring asset-based management and distribution fees (up to 0.25% p.a. of NAV each on the unit trust funds), a 10% performance fee on the Saturna Global Sustainable Fund, a 0.05% trustee fee, and tiered IMA fees (1.00% on the first RM 1M declining to 0.55% above RM 10M, or a 20% capital appreciation alternative). Distribution is multi-channel: direct online account opening, authorized third-party platforms (iFAST Capital's Fundsupermart and Phillip Mutual's eunittrust.com), and a direct institutional sales team. FY2024 audited revenue was MYR 12.43M with a 35% profit margin (MYR 4.35M profit after tax), and the company continues to invest in senior hires (a new COO in 2024 and a Director of Institutional Sales & Marketing in 2025) and content-led brand building through the Halal Money Matters podcast.

Name

Saturna Sendirian Berhad

Legal name

Saturna Sendirian Berhad

Website

https://saturna.com.my

Company type

Private

Founded year

1995

Operating status

Operating

Headcount range

1–10 employees

Short description

Saturna Sendirian Berhad is a Kuala Lumpur-based Islamic asset management firm and wholly-owned subsidiary of US-based Saturna Capital Corporation, offering Shariah-compliant unit trust funds, investment management accounts, and institutional services to retail, high-net-worth, and institutional clients in Malaysia and globally.

Ownership category

akta.pro rank

Product category

Islamic Asset Management

NAICS

Open-End Investment Funds (525910), Portfolio Management and Investment Advice (523940)

SIC

Investment Advice (6282)

akta.pro primary industry

Islamic Private Banking & Wealth (FSABAGAD)

akta.pro secondary industries

Managed Account Platforms (Separately Managed Accounts / Customized Portfolios) (FSAHAKAC), Retirement & Distribution Planning RIAs (401(k)/IRA/Pension Rollovers) (FSAAACAE)

Keywords

• Shariah-compliant asset management
• Islamic mutual funds
• ESG investment screening
• Unit trust funds
• Faith-based portfolio management

Headquarters

HQ city

Kuala Lumpur

HQ country

Malaysia

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Others, Infrastructure

Revenue model

1. Fund Management Fees (Administration & Distribution): Administration Fee up to 0.25% per annum of NAV; Distribution Fee up to 0.25% per annum of NAV charged across both unit trust funds
2. Performance Fee: 10% of gross asset value that cumulatively increases or decreases, excluding subscriptions and redemptions, for each day in the financial year (Saturna Global Sustainable Fund)
3. Trustee Fee: 0.05% per annum of NAV of the Fund (excluding foreign sub-custodian fees and charges)
4. Investment Management Account Fees - Asset-based: 1.00% on first RM 1,000,000, plus 0.85% on next RM 2,000,000, plus 0.70% on next RM 7,000,000, plus 0.55% on all amounts over RM 10 million. Subject to minimum annual fee of RM 2,000.
5. Investment Management Account Fees - Appreciation: 20% of capital appreciation from Initial Date to Final Date. No fee if no appreciation.

Pricing tiers

Go-to-market motion3 records

Distribution channels5 records

Marketing channels5 records

Core offering

Saturna Sdn Bhd is an Islamic asset manager offering two Shariah-compliant unit trust funds (Saturna Global Sustainable Fund and Saturna ASEAN Equity Fund), personalized Investment Management Accounts (IMAs) for high net worth individuals, and tailored Institutional Services for pensions, foundations, corporations, and government-linked entities. All offerings are screened for Shariah compliance and ESG criteria using the proprietary NEPTUNE® software and an A–F ESG rating system.

Product overview

Saturna Sdn Bhd is an Islamic asset management company and wholly-owned Malaysian subsidiary of Saturna Capital Corporation, offering two Shariah-compliant unit trust funds: the Saturna Global Sustainable Fund (global equity exposure in USD) and the Saturna ASEAN Equity Fund (ASEAN equity exposure in MYR), along with personalized Investment Management Accounts (IMA) and Institutional Services. The company provides investor education through the Halal Money Matters podcast and white papers like the GCC Sukuk Primer. All products adhere to Islamic investment principles with screening for halal compliance and ESG factors.

Differentiator

Problem solved

Functional benefit

Brands

• Amana Funds: A family of mutual funds managed by Saturna Capital in the US that follow principles of Islamic finance - the oldest and largest faith-based fund family in the US.
• Saturna Global Sustainable Fund
• Saturna ASEAN Equity Fund
• Halal Money Matters

Products and services

• Saturna Global Sustainable Fund A Shariah-compliant equity unit trust fund that seeks to provide long-term capital appreciation and income by investing in sustainable Shariah-compliant equities with global market exposure. At least 70% of NAV is invested in Sustainable Shariah-compliant equities with ESG rating of B or above; minimum initial investment USD 5,000.
• Saturna ASEAN Equity Fund A Shariah-compliant equity unit trust fund that seeks to provide long-term capital growth by investing in Shariah-compliant equities across ASEAN markets, following a value-oriented investment style with annual portfolio turnover not expected to exceed 30%; minimum initial investment MYR 2,000.
• Investment Management Accounts (IMA) Personalized portfolio management services offering holistic financial planning and Shariah-compliant investment management for high net worth individuals, with a tiered annual asset-based fee or an alternative 20% capital appreciation fee; minimum RM 1,000,000 account size.
• Institutional Services Comprehensive Shariah-compliant investment solutions for Malaysian institutional clients — pension funds, asset managers, foundations, corporations, and government-linked entities — providing tailored portfolio management, strategic asset management, and transparent reporting aligned with fiduciary and governance requirements.

Quantifiable outcome

• Saturna Global Sustainable Fund: 22.35% 1-year return, 14.09% 3-year annual return (as of 05/29/2026)
• +2 more outcomes

Named customers5 records

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Seven partnerships are on record, tiered core and minor.

• Amanie Advisors Sdn BhdcoreTechnology or IntegrationShariah advisory consultancy providing religious compliance certification. Led by Tan Sri Dr Mohd Daud Bakar with 7 full-time consultants. Acts as Shariah adviser for 150+ funds. Reviews fund operations and investments monthly; provides fatwa certification for sukuk and Islamic investment products.
• SCBMB Trustee BerhadcoreOthersTrustee of the Saturna Global Sustainable Fund, responsible for overseeing the fund's operations and investor interests.
• Standard Chartered Bank (Malaysia) BerhadcoreOthersCustodian delegate for the Saturna Global Sustainable Fund, providing custody services for fund assets.
• Crowe HorwathminorOthersAuditor for the Saturna Global Sustainable Fund; also serves as taxation advisor (Crowe Horwath KL Tax).
• Fiqh Council of North America (FCNA)coreTechnology or IntegrationNon-profit organization serving the Muslim community. Saturna developed its proprietary Islamic screens and investment process in collaboration with FCNA Islamic scholars.
• iFAST Capital Sdn Bhd (Fundsupermart)coreChannel Partner/ Reseller/ DistributorAuthorized distributor of Saturna Global Sustainable Fund; operates www.fundsupermart.com.my platform for unit trust investments in Malaysia.
• Phillip Mutual BerhadcoreChannel Partner/ Reseller/ DistributorAuthorized distributor of Saturna Global Sustainable Fund; operates www.eunittrust.com.my platform for unit trust investments.

Scale indicators7 records

Recent moves7 records

Expansion highlights5 records

Direct peers

• AmFunds Management Berhad (AmInvest): Malaysian asset manager of AmBank Group operating unit trust and institutional mandates with Shariah-compliant options. Direct peer in Malaysian unit trust distribution via banking groups and institutional coverage.
• CIMB-Principal Asset Management Berhad: Joint venture between CIMB and Principal offering conventional and Shariah unit trust funds plus institutional mandates across Malaysia. Direct peer in Shariah unit trust products, distribution partnerships, and institutional client coverage.
• Public Mutual Berhad: Largest Malaysian unit trust company offering a broad range of conventional and Shariah-compliant funds distributed through Public Bank branches and online. Direct peer in unit trust product structure, multi-channel distribution, and Malaysian retail/HNW focus.
• AHAM Capital Berhad: Malaysian asset manager (formerly Affin Hwang Asset Management) with a strong Shariah/ESG tilt and unit trust funds distributed via institutional and retail channels. Comparable to Saturna in combining Shariah screening with ESG integration and serving retail and institutional clients.
• RHB Asset Management Sdn Bhd: Malaysian asset manager offering unit trust funds (including Shariah) and institutional mandates distributed through RHB Bank's network. Direct peer in Malaysian unit trust distribution, multi-channel sales, and institutional offering.
• Maybank Asset Management Berhad: Malaysian asset manager offering Shariah and conventional funds distributed via Maybank's banking network, with a sizeable institutional book. Comparable in offering both unit trust and institutional mandates in Malaysia, though at significantly greater scale.
• Eastspring Investments Berhad: Malaysian arm of the regional Eastspring/Prudential plc asset manager, offering a broad unit trust and institutional range including Shariah-compliant funds. Direct peer in multi-segment Malaysian asset management, particularly institutional mandates.
• BIMB Investment Management Berhad: Malaysian Islamic asset manager managing Shariah-compliant unit trust funds and institutional mandates, the closest direct local peer to Saturna Sdn Bhd given its Islamic focus, unit trust fund structure, and Malaysian retail/institutional client base.

Others

• iFAST Capital Sdn Bhd (Fundsupermart): Malaysian fintech and fund distribution platform that also acts as an authorized distributor of Saturna's Global Sustainable Fund. Included as an OTHERS peer given its dual role as both a channel partner and an operator of its own white-label investment products in the Malaysian market.

Broad incumbents

• Manulife Investment Management (Malaysia): Malaysian arm of global asset manager Manulife, offering unit trust funds (including Shariah-compliant) and institutional services. Broad incumbent peer in Malaysian fund management with a much larger product shelf and global brand.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks7 records

Key highlights7 records

Customer concentration

• Xtwitter.com/SaturnaCapital
• LinkedInlinkedin.com/company/saturna-sdn.-bhd.
• Facebookfacebook.com/saturnasdnbhd

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles11 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Saturna Sendirian Berhad