Halogen Capital, a licensed digital asset fund manager in Malaysia, has partnered with Affin Bank to introduce a Shariah-compliant Bitcoin fund designed for high-net-worth individuals and institutional investors.
The Halogen Shariah Defensive Bitcoin Fund integrates a capital preservation strategy, combining Islamic deposits with Bitcoin to offer a lower-risk entry into the digital asset market.
The fund follows a buy-and-hold approach, balancing the stability of Islamic deposits with Bitcoin’s growth potential.
This structure ensures the portfolio value is safeguarded from significant market volatility while providing exposure to digital assets.
Affin Bank will distribute the fund, positioning it as an alternative investment option that aligns with traditional financial principles.
The fund is a closed-ended wholesale product available only to sophisticated investors with a short-to-medium-term horizon of two years.
The minimum investment is RM10,000, with an initial sales charge of up to 2% and an annual management fee of 1%.
Investors can find more details on the eligibility criteria for sophisticated investors on the Securities Commission Malaysia’s website or visit an Affin Bank branch for inquiries.
Hann Liew, Founder and CEO of Halogen Capital, said,
“The Halogen Shariah Defensive Bitcoin Fund is redefining how high net worth and institutional investors approach digital asset investments in Malaysia. By combining Bitcoin’s high-growth potential with a capital preservation strategy, we are providing a solution that is both innovative and practical.
In volatile markets, this fund acts accordingly, ensuring investors can confidently navigate downturns without compromising on long-term returns, in which we recognise the need for investors to access high-growth opportunities in the digital asset market without experiencing significant capital loss and maintaining Shariah compliance.”
Mohammad Fairuz Mohd Radi, Executive Director of Group Community Banking, Affin Bank said,
“We are delighted to introduce an innovative investment strategy that synergises Bitcoin with Islamic deposits, offering our customers a secure gateway to the digital asset landscape.
This initiative underscores our unwavering commitment to delivering cutting-edge solutions while aligning seamlessly with the strategic pillars of the AFFIN Axelerate 2028 (AX28) Plan – Unrivalled Customer Service, Digital Leadership, and Responsible Banking With Impact.”
This builds on Affin Bank’s move in June 2024 to become the first Malaysian bank to offer a crypto ETF fund in partnership with Cross Light Capital.
Featured image credit: Edited from Freepik
