Al Meezan Investments hits record-breaking Rs500bn AUM milestone

April 03, 2024 (MLN): In a groundbreaking development, Al Meezan Investments has achieved another milestone of over Rs500 billion in Assets Under Management, the highest AUM in the industry.

With the largest and most diverse customer base of over 279,000 investors, ranging from institutions and businesses to individuals and High Net Worth clients, Al Meezan Investments offers investment solutions, mutual funds and investment advisory services catering to the specific needs of each customer.

To achieve this objective, it invests in high-quality Shariah-compliant securities that are selected as per the guidelines laid down by the Shariah Advisor.

In 1995, Al Meezan obtained a license to manage closed-end funds, the organization has an impressive track record of over 27 years. While in 2003 Al Meezan obtained the license to manage open-end funds.

Last year, Al Meezan Investments was recognized as the "Asset Management Company of the Year" at the 8th Islamic Finance Forum of South Asia (IFFSA) award ceremony held in Sri Lanka.

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