Accord Reached: SCB to distribute Al Meezan funds

Standard Chartered Bank (Pakistan) Limited and Al Meezan Investment Management Limited signed an agreement

KARACHI:
Standard Chartered Bank (Pakistan) Limited and Al Meezan Investment Management Limited signed an agreement for the distribution of Meezan Tahaffuz Pension Fund. Under this agreement, Standard Chartered will be offering Shariah-compliant mutual funds to its clients through 121 branches across 24 cities, says a press release. Commenting on the agreement, Standard Chartered Pakistan Chief Executive Mohsin Nathani said, “We stand committed to strengthening our product and service offering, thereby enhancing customer convenience. We are proud to distribute these funds through our branches, thereby providing our customer base with complete financial solutions, now geared towards innovative investments.”


Published in The Express Tribune, April 7th, 2013.

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