The Initial Public Offering (IPO) of Pakistan's first Shariah-compliant capital protected fund--'Meezan Capital Protected Fund-I' (MCPF-I)--commenced from Monday, May 19, 2008. The offer will continue till Wednesday, May 21, 2008.
During this period, investors will have the opportunity to invest at par value of Rs 50 per unit. After IPO, the subscription of units will remain open up to a maximum period of six weeks. Investment in MCPF-I can be made at the offices of Al Meezan Investments and over 100 branches of Meezan Bank in 31 cities across Pakistan.-PR
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