Al Meezan mutual funds: Net assets cross Rs. 36.2bln during Dec `11
1/11/2012 10:02:17 AM
By Faizan Saleem
The Islamic mutual fund industry is growing gradually in the country by making its ground in the financial market of Pakistan along with the conventional financial institutions.
During the month of December, the total funds under management of Al Meezan, the first full fledged Shariah compliant asset management company in Pakistan, have crossed Rs. 36.2 billion as on December 31, 2011.
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