Lucky Investments, DIB Pakistan join hands
Wire desk byline Sourced from Xinhua, Dawn, Arab News, Anadolu and Minute Mirror. Translated and abridged by the GSRRA Desk.
Lucky Investments Limited (Lucky Investments), one of Pakistan’s fastest-growing Islamic Asset Management Companies, and DIB Pakistan, a subsidiary of Dubai Islamic Bank UAE, have entered into a strategic collaboration to broaden access to Shariah-compliant investment solutions across Pakistan.
As per the signed MOU in place, DIB Pakistan will distribute Lucky Investments’ Islamic mutual funds and pension funds through its nationwide branch network, enabling customers to conveniently access professionally managed Shariah-compliant investment products through one of Pakistan’s leading Islamic banking franchises.
This initiative will enhance investment solutions across DIB Pakistan’s customer touchpoints further strengthening its commitment to promoting Islamic savings, wealth creation, and retirement planning in Pakistan, according to the press release.
The collaboration brings together the investment management expertise of Lucky Investments and the extensive banking reach of DIB Pakistan, which serves more than 556,596 customers through a network of over 300 branches across 100 cities nationwide.
Commenting on the partnership, Mohammad Shoaib, CFA, Chief Executive Officer, Lucky Investments Limited, said:
“We are delighted to collaborate with DIB Pakistan, one of the most respected names in ethical banking globally. This alliance represents an important milestone in our mission to make high-quality Shariah-compliant investment solutions accessible to a wider segment of Pakistani investors. We aim to deepen financial inclusion, encourage long-term savings, and contribute to the continued growth of Pakistan’s Islamic finance industry.”
Speaking on the occasion, Muhammad Ali Gulfaraz, Chief Executive Officer, DIB Pakistan, said:
“At DIB Pakistan, we are committed to expanding access to ethical financial solutions. Our collaboration with Lucky Investments strengthens that commitment – bringing professionally managed Islamic investment and retirement solutions directly to our customers through our branch network. Together, we aim to create meaningful pathways to long-term financial security.”
This initiative shows the growing convergence between Islamic banking and Islamic asset management in Pakistan and supports the shared vision of both institutions to advance ethical, transparent, and Shariah-compliant financial solutions for individuals and families nationwide.
Reference Link:- https://mettisglobal.news/Lucky-Investments-DIB-Pakistan-join-hands-61122
Zamir Ahmed Awan is the founder and Chair of the Global Silk Route Research Alliance, a think tank in Islamabad. He studied engineering at Shanghai University in the 1980s, and years later he went back to China as Pakistan's science counsellor in Beijing, from 2010 until 2016, working on science and higher education cooperation between the two countries.…
That’s a really interesting development. It makes sense that DIB Pakistan would partner with Lucky Investments to expand these kinds of options.