Majlis Amanah Rakyat (MARA) has allocated RM2.2 billion for targeted, high-impact investments up to 2030 as it intensifies efforts to strengthen its asset base, diversify income streams, and drive long-term value creation.
From left: Majlis Amanah Rakyat (MARA) Senior Director (Investment) Dr Azmi Amat Murjan, MARA Director General and MARA Corporation Chairman Datuk Zulfikri Osman and MARA Corporation Acting Group CEO Datuk Amir Azhar Ibrahim. MARA Corporation presented a RM25.2 million dividend contribution cheque to MARA.
The allocation is part of a broader shift towards more disciplined capital deployment as MARA marks its 60th anniversary, positioning itself as a more structured investment institution while continuing to uphold its socioeconomic mandate.
MARA Director General and MARA Corporation Chairman Datuk Zulfikri Osman said the milestone reflects the agency’s transition into a disciplined capital allocator, balancing financial performance with measurable social outcomes and long-term national value creation.
The planned investments will cover areas such as carbon credit initiatives, property development, and other high-value sectors aligned with national priorities, with several projects already in progress.
Among the key developments are three property projects located in Signal Hill (Kota Kinabalu), Ampangan (Negeri Sembilan), and Jalan Maktab (Kuala Lumpur), with a combined gross development value (GDV) of about RM1 billion. These projects are targeted for completion by 2030.
MARA is also expanding into the carbon market, including plans to develop what it describes as the world’s first Shariah-compliant carbon credit framework, alongside a Shariah-compliant carbon credit fund. The initiative targets more than 200,000 hectares of carbon-related projects and projected revenue of up to RM450 million by 2030.
In addition, MARA introduced the PMB Shariah Fixed Price Total Return Wholesale Fund, aimed at providing institutional investors with structured and stable Shariah-compliant investment options.
Beyond new investments, MARA is also looking to unlock value from existing assets through capital market listings. Institutions such as Kolej Poly-Tech MARA (KPTM) and Universiti Kuala Lumpur (UniKL) are being prepared for potential IPOs within the next three years, alongside possible listings of healthcare-related assets including U.n.i.Klinik, U.n.i.Farmasi and U.n.i.Dental.
Zulfikri said MARA’s approach reflects a balance between financial performance and its broader socioeconomic role in advancing Bumiputera development.
The group reported a 10% increase in revenue to RM1.69 billion in 2025, while continuing to reduce accumulated losses, with a return to profitability expected by 2027. It also recorded RM1.67 billion in socioeconomic value creation between 2021 and 2025 through its education and development programmes.
MARA is further strengthening governance through digitalisation, including an enterprise resource planning (ERP) system expected to be completed by December 2026 to improve transparency and decision-making.
“As we mark six decades of service, MARA remains committed to disciplined capital allocation, expanding future-ready investments, and delivering tangible economic impact to the Bumiputera community,” Zulfikri said.
