Al Meezan Investment Management Limited, Pakistan’s largest fund manager with Assets under Management of over PKR 295 Billion, including discretionary portfolios, has partnered with easypaisa, Pakistan’s leading digital financial services platform, that will enable easypaisa customers to invest in Al Meezan’s Shariah Compliant Money Market mutual fund through a seamless one-click onboarding process.

The signing ceremony recently occurred at Al Meezan’s Karachi Head Office between Mr Mohammad Shoaib, CFA – CEO Al Meezan Investments and Mr. M. Mudassar Aqil, CEO, Telenor Microfinance Bank/easypaisa. Senior members of both organisations also attended the ceremony.

On this auspicious occasion, Mr Mohammad Shoaib stated that “this strategic partnership will pave the way for much-needed financial inclusion in the country. Through the mini app integration, Easypaisa customers can invest and redeem 24/7 in our savings plan. The instant liquidity facility via a mobile phone will be first-of-a-kind in the mutual fund industry of Pakistan.

Our goal is to uplift the socio-economic classes by making halal profitable investment avenues easily accessible to the masses digitally whilst creating a positive impact on the country’s economy.”

Commenting on the partnership, M. Mudassar Aqil, CEO of Telenor Microfinance Bank/easypaisa, said, “We are thrilled to embark on our collaboration with Al Meezan Investment Management to introduce innovative investment opportunities to millions of Pakistanis. Our commitment to providing seamless digital solutions and fostering financial inclusion has led us to forge this strategic partnership, enabling users to invest and save for their future easily and conveniently. Through the power of technology and collaboration, we remain steadfast to empower Pakistan’s economy and drive sustainable growth for a prosperous, digital Pakistan.”

The partnership highlights both organisations’ commitment to providing Pakistanis with a seamless platform to invest and save for their future.