Burj Investment Management Limited (BIML)
BCEM is managed by BIML, a subsidiary of Burj Energy International Management Limited (BEIML), the fund's Dubai-based sponsor. BIML oversees fund operations, investment decisions, and regulatory compliance.
Institutional Transparency
Governance
Transparent oversight anchored in Shariah principles, independent board composition, and regulatory discipline as a SECP-licensed, PSX-listed fund.
Trusted by institutional partners
8
Board Directors
3
Independent Directors
3
Board Committees
100%
Shariah Compliance
Leadership
Board of Directors
A world-class board with deep expertise across banking, energy, capital markets, regulation, and public administration — collectively representing over 300 years of leadership experience.
Muneer Kamal
Chairman
35+ years Nabeel Anjum Malik
Chief Executive
Razi Ur Rehman Khan
Independent Director
Rabiya Javeri Agha
Independent Director
Hasan Reza Ur Rahim
Independent Director
Farrukh Zaman
Non-Executive Director
Saad Uz Zaman
Executive Director
Saleem uz Zaman
Non Executive Director
Oversight Structure
Board Committees
Three specialized committees provide focused oversight across audit, human capital, and risk & credit management — each with a defined charter and clear accountability.
Audit Committee
Oversees financial reporting integrity, internal controls, statutory compliance, and the relationship with external auditors — ensuring accuracy and transparency of all disclosures.
Chair Razi Ur Rehman Khan
Members Hasan Reza Ur Rahim, Farrukh Zaman
HR, Remuneration & ESG Committee
Reviews compensation frameworks, talent strategy, succession planning, ESG integration, and organizational development — ensuring alignment with fiduciary duty and market benchmarks.
Chair Rabiya Javeri Agha
Members Muneer Kamal, Nabeel Anjum Malik
Risk & Credit Committee
Evaluates investment opportunities, monitors portfolio risk, manages credit exposure, and ensures all capital deployment aligns with BCEM's mandate, risk appetite, and regulatory requirements.
Chair Saad Uz Zaman
Members Hasan Reza Ur Rahim, Farrukh Zaman, Razi Ur Rehman Khan, Nabeel Anjum Malik
Management Structure
Management Company & Sponsor
BCEM is managed by BIML under the sponsorship of BEIML, with clear separation of governance and operational roles.
Burj Energy International Management Limited (BEIML)
BEIML is the sponsor and majority shareholder (67.50%) of BCEM, bringing global experience in renewable energy investment management, development, construction, and operations.
Independent Oversight
Shariah Advisors & External Auditors
Independent Shariah certification and external audit ensure all operations remain compliant with Islamic finance principles and statutory reporting standards.
Shariah Advisor
Alhamd Shariah Advisory Services (Pvt.) Limited
Office 606, Dulara Business Center Maniya CHS, Main Khalid Bin Waleed Road, Karachi, Pakistan.
External Auditors
BDO Ebrahim & Co. Chartered Accountants
Lakson Square Building No. 1, 9th Floor, Block C, Sarwar Shaheed Rd, Civil Lines, Karachi 74200, Pakistan.
Standards & Policies
Ethics & Compliance
Our governance policies promote integrity, transparency, and responsible stewardship across every level of the organization.
Code of Conduct
We uphold integrity, accountability, and respect across all operations, setting clear behavioral standards for directors, management, and staff.
Whistleblowing Channel
A secure, confidential channel for reporting concerns — protecting those who raise governance, compliance, or ethical issues in good faith.
Conflict of Interest Policy
Clear guidelines to identify, disclose, and manage conflicts of interest — ensuring all decisions prioritize certificate holder value.
Anti-Bribery & Corruption
Zero tolerance for bribery and corruption, with robust internal controls, due diligence procedures, and mandatory compliance training.
Explore BCEM's Financial Performance
Review audited financial statements, quarterly reports, and investor disclosures — backed by the governance standards you have just reviewed.