Al Meezan Investment Management Limited (AMIM) on April 5, 2006 entered into a mutually beneficial agreement with Meezan Bank Limited (MBL) to set up exclusive sales counters at selected branches of the MBL to sell open-end funds of AMIM.
In a ceremony held on April 5, 2006 at Al Meezan Investment office situated at Finance and Trade Center, Shahrea Faisal, Karachi, Al Meezan Investment has signed an agreement with the Meezan Bank Limited.
The MBL has decided to take customer facilitation a step further by allowing the presence of an Al Meezan Investment representative at selected branches. The sales officer will personally assist walk in customers by catering to their queries regarding Shariah compliant investment options in Meezan family of funds.
The agreement was signed by Ariful Islam; Chief Operating Officer Meezan Bank Limited; and Mohammad Shoaib, CFA; Chief Executive of Al Meezan Investment Management Limited. Shabir Hamaza Khandwala; Chief Financial Officer and Company Secretary for Meezan Bank Limited & Sohail Yaqoob, SVP & Heed of Marketing for Al Meezan Investments Limited were also present on the occasion.-PR