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KARACHI: Mohammad Shoaib, CFA, the CEO of Al Meezan Investment Management Limited ("Al Meezan") under the authority delegated by the Board of the Company announced the interim payout of Rs 1060 crores for the unit holders of following Open End Funds / Plans for the year ended June 30, 2020.

Al Meezan, the largest and only Shariah Compliant Fund Manager in Pakistan with the Highest Assets under Management (AUMs) in the industry of over Rs 15,000 crores (as on 30th June, 2020) is proud to maintain AM1 rating(the highest management quality rating in Pakistan awarded by JCR-VIS and PACRA Credit Rating Companies). It is presently managing sixteen Mutual Funds, a voluntary pension scheme and several investment and administrative plans.

The CEO also thanked the investors for reposing their trust and confidence in the fund management capabilities of Al Meezan Investments.-PR

Copyright Business Recorder, 2020