Contributing Provider Profile

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Almeezan Investment Management Limited

Ground Floor, Block B,
Finance and Trade Centre (FTC)
Sharah-e-Faisal
Karachi, 74400

Tel: (92-21) 5630722-26
Fax: (92-21) 5676143
Website: www.almeezangroup.com

Al Meezan Investment Management Limited (AMIM) was incorporated on 27th February 1995. It is registered as a Non Banking Finance Company with a license to perform Asset Management and Investment Advisory Services under the NBFC Rules, 2003. Its main area of business is investment management; more specifically floating and managing both open ended and closed ended funds and discretionary management of institutional portfolios. The company is a joint venture of Meezan Bank Limited and Pak Kuwait Investment Company and is dedicated towards development of an Islamic financial system in the country.

Al-Meezan Investment Management Limited (AMIM) was established in 1995 as a joint venture between

Pakistan Kuwait Investment Company (PKIC),
National Investment (Trust) Limited, and
Jardine Fleming Investment Management International Limited (Jardine Fleming).

AMIM has over the years benefited immensely from domestic investment management expertise of PKIC and National Investment (Trust) Limited and international expertise of Jardine Fleming.

Jardine Fleming made a substantial contribution towards the development of systems and procedures for AMIM during its six years of association with the company. The key investment professionals of Jardine Fleming, Hong Kong who served as Directors of AMIM for these six years, contributed to the development of strategic plans and investment policies of the company.

As part of global restructuring of its operations, Jardine Fleming wound up its asset management and brokerage operations from a number of countries including Pakistan. Jardine Fleming’s shareholding in the company was acquired by Meezan Bank Limited (formerly Al Meezan Investment Bank Limited), Pakistan's first scheduled Islamic commercial bank, which operates strictly under the principles of Islamic Shariah.

In 2003, Meezan Bank Limited increased its shareholding to 70% by acquiring National Investment (Trust) Limited stake in the company and later 5% of that was allocated to the employees of AMIM.

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