Mutual funds are often described as pooled investments. When an investor buys the units in a mutual fund the money is pooled with that of other investors whose goals are similar. A professional fund manager uses this money to buy stocks, bonds, or money market instruments that make up the fund’s portfolio of investments.
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At Al Meezan, we are dedicated to providing Shariah compliant investment solutions. In this regard we adhere to the Shariah guidelines as advised by the Shariah Board. The investments are limited to asset classes approved by the Shariah Advisor and all companies under investment consideration are regularly screened for Shariah compliance.
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