September 22, 2022 (MLN): Pak Qatar Asset Management Company Limited (PQAMCL) is going to launch a new IPO of its Shariah Compliant Collective Investment Scheme (Mutual Funds), a press release published on Thursday showed.
The company has obtained approval from the Security Exchange Commission Pakistan to launch 3 Shariah Compliant funds along with six plans catering needs of the masses.
“We are pleased to announce obtaining approval to offer a wide variety of Shariah Compliant collective investment schemes with a flavor of Takaful which is unique in the existing market that allows our customers to diversify their investment portfolio. We are also the second company that is exclusively offering the Shariah Compliant Collective Investment Schemes in Pakistan. We aim to encourage our customers to invest in our funds that are designed specifically for their investment needs. We are looking forward to providing the best investment solutions in the country to our customers”, Farhan Shaukat, CEO, PQAMCL said on the launch occasion.