Company Profile

Vision Statement

We at AL Habib Asset Management Limited makes it possible for everyone to invest in Mutual Funds by providing innovative products.

Mission Statement

  • Understanding the Customer need through close interaction.
  • Focusing on offering our investors the best possible returns on a diverse range of products.
  • Attaining sustained growth in an ethical manner.
  • Providing a conducive working environment that stimulates talent.

AL Habib Asset Management Limited (AHAML) was incorporated in year 2005 as an Unlisted Public Limited Company. AHAML is licensed to carry out Asset Management and Investment Advisory services, under the Non-Banking Finance Companies (Establishment and Regulations) Rules, 2003. AHAML is also a member of the Mutual Funds Association of Pakistan (MUFAP).

Pakistan Credit Rating Agency Limited (PACRA) has assigned an Asset Manager Rating of “AM2+” to the entity. The rating reflects that the Company meets high investment management standards and benchmarks with noted strengths in several of the rating factors.

AHAML is a wholly owned subsidiary of Bank AL Habib Limited.

Pattern of Shareholding

Sr. No. Shareholders Category Shares Held %
1 Directors 20 0.00
2 Bank 74,999,980 100.00
  Total 75,000,000 100.00

AHAML is managing nine Open-end Schemes and several Discretionary and Non- Discretionary Portfolios. The Company has a vast customer base comprising individuals, sole-proprietorships, retirement funds, public and private sector entities, and charitable institutions. The Assets under Management of AHAML as on December 2021 are over 40 billion.

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

Licenses’ Issuing Date & Number by SECP
AMCW/15/HAML/AMS/09/2020            JULY 01, 2020   Asset Management Services
AMCW/16/HAML/IAS/08/2020              JULY 01, 2020   Investment Advisory Services

Main Office:
3rd Floor, MacKinnon’s Building, I.I. Chundrigar Road, Karachi-74000, Pakistan.
UAN:   +92-21-111-342-242
PABX:  +92-21-32469115-19
Email: [email protected]

Branch Offices:

Branch Office - Karachi
City Towers, Plot No. 33-A, Block-6, PECHS Society, Shahrah-e-Faisal, Karachi.
Tel:   +92-021-4373151-153 Direct: +92-021-4373155-156

Lahore Office
Bank Al-Habib Limited, Aurangzeb Block Branch, 20, Augrangzeb Block, New Garden Town, Lahore.
Tel:   +92-42-35197781 +92-42-35947181

Islamabad Office
3rd Floor, Roshan Centre, 78-W, Blue Area, Islamabad.
Tel:   +92-51-2344505 & 56

Multan Office
126 - C, Old Bahawalpur Road, Multan.
Tel:   +92-061-4543668

Gujranwala Office
Plot No. MM-025, Block B-3, Wapda Employees Cooperative Housing Society.
Tel:   +92-055-4284594

Ernst & Young Ford Rhodes Sidat Hyder
Chartered Accountants
Progressive Plaza,
Beaumont Road, Karachi.
Email: [email protected]

Legal Advisor
Mohsin Tayebaly & Co.
Barristers & Advocates Corporate Legal.

Shariah Advisor
Dr. Mufti Ismatullah holds the degrees of “Shahadat-ul-Aalamiyah” and “Takhassus Fil Fiqh” from Jamia Dar-ul-Uloom, Karachi. He is working as a Shariah Advisor for Park Qatar Takaful Group and also IGI Window Takaful. He is a PhD in Islamic Economics from University of Karachi. He has also been associated with Islamic Banking Division of Bank AL Habib Limited since 2006 as Shariah Advisor, prior to his appointment as the Chairman of Shariah Board. He has been teaching Quran, Hadith, Fiqh, Philosophy, and Arabic Grammar at Dar-ul-Uloom since 1993. He has a vast experience in issuing Shariah rulings (Fatwa) and is currently serving as Dar-ul-Ifta’ of Dar-ul-Uloom. So far, he has issued about 20,000 Fatwas regarding various topics and Shariah issues.

His thesis – Zar (Money) in light of Shariah – is considered as one of the most useful research on Islamic Economics and has already been published. He is a renowned research scholar; his research papers have been published in Monthly “Al Balaagh”. He also wrote a book “Guide to Takaful or Islamic Insurance” that has been published as well.