• HABIB ASSET MANAGEMENT LIMITED

    ANALYSIS ON LATEST MARKETING TRENDS

  • HABIB ASSET MANAGEMENT LIMITED

    BENEFIT FROM RETURNS ON DAILY BASIS

Company Profile

Habib Asset Management Limited

Habib Asset Management (HAML) is a financial arm of Bank AL Habib Limited (AA+ rated bank) and Dawood Habib Group Company. Founded in 2005 and licensed by SECP to provide ‘asset management’ and ‘investment advisory’ services.

 

Company Details:

Company Status: MSC-Medium Sized Company.

Regulators: Securities & Exchange Commission of Pakistan (SECP)

Memberships: Mutual Fund Association of Pakistan (MUFAP)

Company CUIN Registration Number: 0052612
Company NTN: 2648356-4
Company Sales tax registration Number: S-2648356-4

AMC Rating

Rating:

27 Jun 2019: The rating reflects the company's adequately structured investment decision making process, experienced management, average fund performance and limited fund slate. The rating takes into account the company's association with a commercial bank, Bank Al-Habib Limited, though the translation of the brand name into AUMs remains limited. The company’s AUMs decreased by ~18% and stood at ~PKR 3.3bln at ... Press Release

Rating Type  Asset Manager
Current
(27-Jun-2019)
Previous
(28-Dec-2018)
 Action  Maintain  Maintain
 AM Rating  AM3+  AM3+
 Outlook  Stable  Stable
 Rating Watch  -  -

 

MISSION & VISION STATEMENT:

Mission

“To establish Habib Funds as a leading and trusted brand for savings and investments by offering innovative investment solutions, smarter fund management and by offering superior risk-adjusted returns to our investors.”

Vision

“To be a premier Asset Management Company brand that offers creative saving plans with ethical business conduct, value added services and optimal returns, while protecting the interest of all stakeholders.”

 

Main Office:
2nd Floor, Imperial Court Building
Dr. Ziauddin Ahmed Road,
Karachi-75530, Pakistan
UAN:  +92 (21) 111-342-242  (111-DHABIB)
PABX  +92 (21) 522 3701-5
Fax +92 (21) 5223710
Email: info@habibfunds.com

Website: www.habibfunds.com

Branch Office:

F-303, 3rd Floor, Regency Plaza
120-P, M.M. Alam Road,
Gulberg II,
Lahore.
Tel: 042-35755515

 

Office # 10, Ground Floor 61-A,
Saudi Pak Tower, Business Centre,
Jinnah Avenue, Blue Area
Islamabad.
Tel: 051-2800397-98

 

Auditors

Funds Auditors

KPMG Taseer Hadi & Co.
Chartered Accountants
Shiekh Sultan Trust Building No.2,
Beaumont Road, Karachi.

 

AMC Auditors

Ernst & Young Ford Rhodes Sidat Hyder
Chartered Accountants
Progressive Plaza,
Beaumont Road, Karachi.
Website: www.ey.com/pakistan
Email: frsh.khi@pk.ey.com

 

Legal Advisor

Mohsin Tayebaly & Co.
Barristers & Advocates Corporate Legal Consultants
2nd Floor, Dime Centre, BC-4,
Block-9, Kehkashan, Clifton,
Karachi
Website: www.mtclaw.com.pk
Email: mtc@cyber.net.pk

 

Shariah Advisor

Mufti Ismatullah
PhD in Islamic Economics from University of Karachi. He holds the degrees of “Aalim-e-Deen” and “Takhassus Fil Fiqh” from Jamia Dar-ul-Uloom, Karachi. He has been teaching Quran, Hadith, Fiqh, Philosophy and Arabic Grammar in Dar-ul-Uloom since 1993. Mufti Sahab has a vast experience in issuing Shariah rulings (fatwa) and is currently serving Dar-ul-Ifta’ of Dar-ul-Uloom. So far he has issued about 20,000 Fatwas regarding different topics and Shariah issues. His thesis – Zar (Money) in light of Shariah – is considered as one of the useful researches of Islamic Economics and has already been published. He is a renowned research scholar, his research papers have been published in Monthly “Al Balaagh”. He wrote a book “Guide to Takaful or Islamic Insurance” which has also been published. Mufti Sahab is a member of Shariah Advisory Board of Pak Qatar Takaful Group. He is also Shariah Advisor of Bank Al Habib Limited since 2006.

Mobile No.: +92321-2729860

E-mail: ismatpe@gmail.com