Al Meezan Investment Management Limited: evolution of Shariah Compliant Mutual Funds
Case overview / Abstract
This case study focuses on Al Meezan Investment Management Limited (Al Meezan) journey since inception. Al Meezan is a full-fledged Sharīʿah-compliant AMC and one of the major players in the mutual funds industry of Pakistan. Al Meezan offers a comprehensive range of Sharīʿah-compliant investment solutions especially designed to meet the financial goals of their existing and potential clients. The case study covers all the key events before the inception of Al Meezan, from late 1990s till March 2020. The case is based on interview with chief executive officer (CEO) (the protagonist) of Al Meezan. The case also covers various challenges faced by Mohammad Shoaib, CEO and his senior team, to make Al Meezan a vibrant institution offering Islamic financial services.
Learning outcomes
This case serves as a useful backdrop for discussing a few important conceptual frameworks in the field of finance. The dilemmas are still evolving for Sharīʿah-compliant asset management company (AMC); i.e. Al Meezan, and may seem complex to the students – particularly in the Pakistan’s financial structure – but framing the discussion from a market perspective ought to help the students of finance.
Keywords
Corporate values/philosophy, Financial investment/markets, Management accounting/corporate finance, Financial compliance/regulation, Asset management/valuation
Case Areas
Finance, Islamic Finance, Islamic Financial Services, Mutual Funds, Sharīʿah-compliant Investment
Case Level
Undergraduate
Industry
Financial Service Sector
Disciplines
Finance | Finance and Financial Management
Teaching Notes
Yes
Faculty / School
Faculty of Business Administration (FBA)
Department
Department of Finance
Was this content written or created while at IBA?
Yes
Source
Emerald Emerging Markets Case Studies
Length
25 pages
Citation/Publisher Attribution
Sharif, S., Ahson, S. and Noor, H. (2020), "Al Meezan Investment Management Limited: evolution of Sharīʿah-compliant mutual funds", Emerald Emerging Markets Case Studies, Vol. 10 No. 4. https://doi.org/10.1108/EEMCS-12-2019-0339
Recommended Citation
Sharif, S., Ahson, S., & Noor, H. (2020). Al Meezan Investment Management Limited: evolution of Shariah Compliant Mutual Funds. Emerald Emerging Markets Case Studies Retrieved from https://ir.iba.edu.pk/faculty-teaching-cases/8
