KARACHI (PR) - Al Meezan Investment Management and Standard Chartered Bank (Pakistan) Limited (SCBPL) marked the beginning of a new business partnership by signing agreement whereby SCBPL will offer Shariah Compliant Mutual Fund products which form part of Al Meezan Investment’s portfolio to its clients under the umbrella of its Islamic brand ‘Saadiq’. The signing ceremony for this agreement was held at the Standard Chartered Head Office in Karachi. This agreement between SCBPL and Al Meezan is the first of its kind for the largest foreign bank in Pakistan, which will benefit their client base by offering a complete range of Shariah compliant investment solutions in the forms of mutual funds from the platform of Al Meezan Investments which is a hallmark of the largest manager for shariah compliant funds in Pakistan. Initially Voluntary Pension Fund offered by Al Meezan would be offered to SCBPL clients. SCBPL clients can also take advantage of investment in Meezan Tahaffuz Pension Fund, which is the largest Voluntary Pension Scheme providing tax credit up to 50% of one’s taxable income and helping people systematically plan for a comfortable post-retirement life. MTPF’s current fund size has crossed Rs.100 crores.