Anti-Bribery & Corrupt Practices Policy
AmFunds Management Berhad and AmIslamic Funds Management Sdn Bhd strictly forbids any act of bribery and corruption regardless of its form as it has an adverse effect on the communities where such misconduct takes place. You should never offer, solicit, give or even accept any form of improper payment such as bribes or kickbacks. A bribe or a kickback is not just in the form of cash but it can be anything of value that is offered in exchange for business favours, information, and favourable treatment or similar.
The following are several examples of scenarios, warning signals and payment types that are prohibited (non-exhaustive):
- Any request for cash payment or for payment to be diverted to a third party or third country outside normal payment terms and processes
- Doing business with a potential customer in a country that has a history of corruption, particularly when the business sector or party has a reputation for corrupt practices
- Payments to influence the award of contracts
- Payments to obtain confidential information about the activities of competitors
All AmFunds Management Berhad and AmIslamic Funds Management Sdn employees must act ethically as we do not tolerate bribery and corruption. You are expected to report any suspicious activity regarding inappropriate payments immediately through the channels highlighted in the Code of Conduct.