Al Meezan Investments (Al Meezan), Pakistan’s Largest Asset Management Company in private sector has been assigned with the revised rating of AM2++ with a “Stable” outlook by JCR-VIS Credit Rating Company Limited (JCR-VIS). This has been done by JCR-VIS to harmonize its notations for the Management Quality Rating (MQR) scale. Earlier, Al Meezan was assigned AM2+ management quality rating which denotes High Management Quality with a “Stable” outlook.
Al Meezan, as the Largest fund manager for Shariah Compliant funds in Pakistan, has continued to strengthen over time, as manifested in consistent increase in market share and a high retail investor base as compared to the peers. Al Meezan investments has one of the longest track records of over 20 years in the private sector in Pakistan. It has the distinction of being the largest private sector Asset Management Company in Pakistan with total Assets under Management (AUMs) of over Rs. 73 billion (as on April 30, 2016) in 12 different funds and an investor base of over 40,000 clients.
Al Meezan also has to its credit Pakistan’s largest private sector Equity Fund i.e. Meezan Islamic Fund (MIF) and largest Voluntary Pension Fund i.e. Meezan Tahaffuz Pension Fund (MTPF), with AUMs of over Rs. 27.7 Billion and Rs. 5.7 Billion respectively (as on April 30, 2016). For more details call us at 0800- HALAL (42525)