AsiaNet-Pakistan Premier Editorial Content and Press Release Distribution Service
Islamabad, May 09, 2023 (PPI-OT): Al Meezan Investment Management Limited, Pakistan’s largest fund manager with Assets under Management of over PKR 295 Billion including discretionary portfolios has partnered with easypaisa, Pakistan’s leading digital financial services platform that will enable easypaisa customers to invest in Al Meezan’s Shariah Compliant Money Market mutual fund through a seamless one click on boarding process.
The signing ceremony recently took place at Al Meezan’s Karachi Head Office, between Mr. Mohammad Shoaib, CFA – CEO Al Meezan Investments and Mr. M. Mudassar Aqil, CEO, Telenor Microfinance Bank/easypaisa. The ceremony was also attended by senior members of both organizations.
On this auspicious occasion, Mr. Mohammad Shoaib stated that “this strategic partnership will pave way for much needed financial inclusion in the country. Through the mini app integration easypaisa customers will be able to invest and redeem 24/7 in our savings plan. The instant liquidity facility via a mobile phone will be first-of-a-kind in the mutual fund industry of Pakistan.
Our goal is to uplift the socio-economic classes by making halal profitable investment avenues easily accessible to the masses digitally, whilst creating a positive impact on the country’s economy.”
Commenting on the partnership, M. Mudassar Aqil, CEO Telenor Microfinance Bank/ easypaisa, said, “We are thrilled to embark on our collaboration with Al Meezan Investment Management to introduce innovative investment opportunities to millions of Pakistanis.
Our commitment to providing seamless digital solutions and fostering financial inclusion has led us to forge this strategic partnership, which will enable users to invest and save for their future with ease and convenience. Through the power of technology and collaboration, we remain steadfast to empower Pakistan’s economy and drive sustainable growth for a prosperous, digital Pakistan.”
The partnership highlights the commitment of both organizations to provide Pakistanis with a seamless platform to invest and save for their future.
For more information, contact:
Al Meezan Investment Management Limited
Registered Office
Ground Floor, Block B,
Finance and Trade Centre (FTC)
Sharah-E-Faisal
Karachi, 74400
UAN: 111-633-926 (Meezan)
Tel: (+92-21) 5630722-26
Fax: (+92-21) 5676143