Al Meezan Investment Management Limited (Al Meezan) is pleased to announce the opening of another branch in Lahore at DHA Phase II, on November 13, 2015 at 1st Floor, Meezan Bank T Block Branch, Plot No. 7, CCA-2, T Block, Phase II, DHA Lahore.
With this branch, Al Meezan Investments has now 11 branches in 7 major cities in Pakistan including Karachi, Lahore, Faisalabad, Islamabad, Peshawar, Multan and Abbottabad. The inauguration took place on November 13, 2015 by Dr. Imran Usmani, a renowned Shariah scholar and Shariah Advisor of Meezan Bank and Meezan Funds. Mr. Mohammad Shoaib, CFA- Chief Executive of Al Meezan Investments, other officials and some valued investors were present at the occasion.
The new branch is a reflection of the commitment to provide Shariah compliant investment solutions and quality services to the investors and also of a strong business growth. These branches offer the investors a convenient way to transact and to meet with an experienced and friendly team of investment advisors to discuss financial goals at their convenience. Earlier this year, Al Meezan has opened 4 branches in Karachi, Multan and Abbottabad. Al Meezan also aims to further expand its branch network in other major cities across the country in near future.
Currently, Al Meezan Investments is the largest private sector asset management company in Pakistan with total assets under management over Rs. 70.91 billion (as on October 31, 2015). We are also proud of having one of the largest investor base in the country. The company has twelve funds under its management with the latest addition of Meezan Gold Fund, launched in August 2015. Al Meezan has also launched Meezan Indus Hospital Support Plan- Pakistan’s first investment plan and the first of its kind CSR initiative by any asset management company in Pakistan to support philanthropic health care of a social welfare institute. Alongside, we are also the managers of Pakistan’s Largest Equity Fund-Meezan Islamic Fund and Pension Fund- Meezan Tahaffuz Pension Fund in the private sector, with assets under management of over Rs. 27.4 billon and Rs. 4.9 billion respectively (as on October 31, 2015).
Al Meezan has been assigned a Management Quality Rating of “AM2+” by JCR-VIS, which denotes high management quality rating. For more details call us at 0800- HALAL (0800-42525)