Al Meezan Surpasses Rs700 Billion AUM, Retains Position as Pakistan’s Largest AMC
Al Meezan Investment Management Limited has crossed Rs700 billion in assets under management, reinforcing its leadership in Pakistan’s Shariah-compliant investment industry.
Lucky Investments Launches Islamic Pension Fund to Promote Ethical Retirement Planning
Lucky Investments Limited introduces the Lucky Islamic Pension Fund (LIPF), a Shariah-compliant retirement solution enabling disciplined, ethical wealth accumulation. The fund supports Pakistan’s transition to Shariah-aligned finance and provides diversified investment options for long-term growth.
PACRA Upgrades JS Investments to AM1, Highlighting Strong Governance and Digital Growth
The Pakistan Credit Rating Agency (PACRA) has upgraded JS Investments Limited (JSIL) to AM1 (Stable), recognizing its enhanced governance, robust operational performance, digital expansion, and growing market share in mutual funds, pensions, and ETFs.
SECP and ADB Promote We-Finance Code to Advance Women’s Financial Inclusion
The Securities and Exchange Commission of Pakistan, in partnership with the Asian Development Bank, held an awareness session in Karachi on the We-Finance Code, a framework designed to institutionalize gender-sensitive financial services and empower women in Pakistan’s economy.