Meezan Bank launches Capital Protected Fund

February 28th, 2008

Meezan Bank, Pakistan’s first and largest Islamic Bank of Pakistan has launched the country’s first Shariah compliant Capital Protected Fund jointly with Al Meezan Investment Management (AMIM), the Asset Management subsidiary of Meezan Bank. AMIM has been in operation since 1995 and has one of the longest track records of managing mutual funds in the private sector in Pakistan. It is also the only asset management firm with a sole mandate of providing Shariah compliant investment solutions in the country.  The Capital Protected Fund is designed to ensure that investors get maximum return while their initial investment is protected since it remains secure in the form of a bank deposit with Meezan Bank.

Meezan Bank’s mission is to provide its customers dedicated and pure Islamic Banking facilities with the greatest of convenience and personalized service with 100 online branches in 31 major cities of the country.