Al Meezan Investments Inaugurate a Branch in Islamabad
Al Meezan Investment Management Limited (Al Meezan Investments) has opened its Islamabad branch at Jinnah Avenue, Blue Area. The opening of this office is part of its commitment to provide Shariah compliant investment solutions and quality service to the investors at their doorstep. The inauguration took place on Friday, February 28, 2014 at 11:00 a.m. Mr. Mohammad Shoaib, CFA- Chief Executive of Al Meezan Investments, formally announced the inauguration of the office.
Al Meezan Investments is the largest private sector asset management company in Pakistan, with the total assets under management of over Rs. 50 Billion. The company has eleven funds under its management with the latest addition of Meezan Capital Preservation Fund, launched in January 2014. Al Meezan Investments is also managing Pakistan’s largest equity and voluntary pension fund in the private sector with assets under management of over Rs. 12 Billion and Rs. 2 Billion respectively.
Al Meezan has been awarded ‘Best Islamic Asset Management House in Pakistan’ (Islamic Finance Awards) for 2013 by Asset Triple-A Awards, Hong Kong for excellence in the industry. Al Meezan has also been rated AM2 by JCR-VIS, denoting high quality management. The company boasts of one of the largest investor bases among asset management companies in Pakistan with over 25,500 clients, reflecting the trust and confidence of both institutional and individual investors