Primus Investment Management Limited recently announced the conversion of PIML - Islamic Money Market Fund into PIML - Islamic Income Fund. The move was part of company's customer-centric plan to provide effective financial solutions to investors looking for better Shariah-compliant Islamic alternatives.
In a statement to the press, the Director (CEO) of PIML, Ahmed Ateeq, reiterated his company's objective by emphasising on the concept of 'Ammana' has well as better Islamic products to cater to the dire need to educate individuals on the concept of savings in Islam. He said that "As financial advisors, we are well aware of the Islamic guidelines for investment and the significance they hold for our investors; which is why we strive to make decisions that adhere to these principles."
PIML, a wholly owned subsidiary of Pak-Brunei Investment Company Limited, has always claimed to be at the forefront of financial security, thus being one of the few companies in the country that provides investors with a platform to gain access to professionally managed, diversified portfolios of equities, bonds and other securities.-PR