May 22, 2017 9:17 PM ET

Capital Markets

Company Overview of Al Meezan Mutual Fund

Company Overview

Al Meezan Mutual Fund is a shariah compliant open ended equity mutual fund launched and managed by Al Meezan Investment Management Limited. The fund invests in the public equity markets of Pakistan. It seeks to invest in stocks of companies operating across diversified sectors. The fund benchmarks the performance of its portfolio against the KMI-30. Al Meezan Mutual Fund was formed on September 16, 1996 and is domiciled in Pakistan.

Ground Floor, Block B

Finance and Trade Center (FTC)

Sharah-e-Faisal

Karachi,  74400

Pakistan

Founded in 1996

Key Executives for Al Meezan Mutual Fund

Chief Executive Officer of Al Meezan Investment Management Limited and Executive Director of Al Meezan Investment Management Limited
Chief Financial Officer of Al Meezan Investment Management Limited and Company Secretary of Al Meezan Investment Management Limited
Head of Research at Al Meezan Investment Management Limited
Chief Investment Officer of Al Meezan Investment Management Limited
Assistant Vice President of Investments - Al Meezan Investment Management Limited
Compensation as of Fiscal Year 2016.

Al Meezan Mutual Fund Key Developments

Al Meezan Mutual Fund Reports Unaudited Earnings Results for the Third Quarter and Nine Months Ended March 31, 2017

Al Meezan Mutual Fund reported unaudited earnings results for the third quarter and nine months ended March 31, 2017. For the nine months, the company reported total income of PKR 1,551,181,000 against PKR 287,867,000 a year ago. Net income from operating activities was PKR 1,345,592,000 against PKR 186,918,000 a year ago. Net income before taxation was PKR 1,574,466,000 against PKR 179,419,000 a year ago. Net income for the period after taxation was PKR 1,574,466,000 against PKR 179,419,000 a year ago. Total comprehensive income for the period was PKR 1,893,119,000 against PKR 157,892,000 a year ago. For the quarter, the company reported total income of PKR 241,830,000 against PKR 185,484,000 a year ago. Net income from operating activities was PKR 126,910,000 against PKR 150,014,000 a year ago. Net income before taxation was PKR 253,845,000 against PKR 139,945,000 a year ago. Net income for the period after taxation was PKR 253,845,000 against PKR 139,945,000 a year ago. Total comprehensive income for the period was PKR 269,939,000 against PKR 146,654,000 a year ago.

Al Meezan Mutual Fund to Report Q3, 2017 Results on Apr 13, 2017

Al Meezan Mutual Fund announced that they will report Q3, 2017 results on Apr 13, 2017

Al Meezan Mutual Fund Reports Unaudited Earnings Results for the Second Quarter and Six Months Ended December 31, 2016

Al Meezan Mutual Fund reported unaudited earnings results for the second quarter and six months ended December 31, 2016. For the six months, the company reported total income of PKR 1,309,351,000 against PKR 102,383,000 a year ago. Net income from operating activities was PKR 1,218,682,000 against PKR 36,904,000 a year ago. Net income for the period before taxation was PKR 1,320,621,000 against PKR 39,474,000 a year ago. Net income for the period after taxation was PKR 1,320,621,000 against PKR 39,474,000 a year ago. Total comprehensive income for the period was PKR 1,623,180,000 against PKR 11,238,000 a year ago. For the quarter, the company reported total income of PKR 1,022,325,000 against PKR 181,249,000 a year ago. Net income from operating activities was PKR 972,779,000 against PKR 148,370,000 a year ago. Net income for the period before taxation was PKR 1,063,747,000 against PKR 149,528,000 a year ago. Net income for the period after taxation was PKR 1,063,747,000 against PKR 149,528,000 a year ago. Total comprehensive income for the period was PKR 1,273,883,000 against PKR 179,952,000 a year ago.

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Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
 

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