LAHORE: UBL Fund Managers Limited (UBL Funds) co-hosted an awareness session in collaboration with the Karachi Stock Exchange (KSE), highlighting its Islamic wing, Al-Ameen Funds. The session titled “Awareness on Islamic Investments and Capital Markets” was held at the Taj Marquee, located next to Movenpick Hotel, and was open to the public.
In this interactive session, Mir Muhammad Ali, Chief Executive of UBL Funds, and Nadeem Naqvi, Managing Director of KSE, delivered informative presentations followed by questions and answers. They spoke about the current market situations and discussed the way forward.
The session welcomed general public informing them about the growth and performance of Islamic investment avenues, the KMI index, and Islamic mutual funds. Attendees gained knowledge on the importance and benefits of saving, investing, and financial planning, gaining insight on how to benefit from capital market investments.
Speaking of the event, Mir Muhammad Ali, CEO UBL Funds, said, “There is a lot of awareness required in Pakistan regarding the benefits of making sound investment choices. Platforms like these give people the opportunity to realize that investing is an excellent avenue for potential growth of one’s wealth.”
He added that “In terms of Islamic Funds, specifically, there is a need for understanding of what makes instruments Shariah-compliant, in the absence of which confusion does arise. Once the concepts are clearly explained, though, Islamic Funds are well-perceived and their benefits embraced.”
Nadeem Naqvi, Managing Director, Karachi Stock Exchange Limited, while speaking on the occasion, highlighted the importance of personal financial planning in order to meet financial needs and protect hard-earned savings from the impact of inflation.
