KARACHI: Lucky Investments Limited and DIB Pakistan have entered into a partnership to expand the distribution of Sharia-compliant investment products across the country.
Under a memorandum of understanding signed by the two institutions, DIB Pakistan will offer Lucky Investments’ Islamic mutual funds and pension funds through its branch network, providing customers with access to a wider range of investment products.
The agreement brings together Lucky Investments’ asset management business and DIB Pakistan’s banking network, which spans more than 300 branches in over 100 cities.The move reflects growing integration between Pakistan’s Islamic banking and asset management sectors as financial institutions seek to expand the availability of Sharia-compliant savings, investment and retirement products.
Chief executives of both organisations said the collaboration aims to broaden access to Islamic investment solutions and support long-term savings and retirement planning.
