KARACHI: The Arif Habib Investment Management Limited and the Muslim Commercial Financial Services (Pvt) Ltd have signed a trust deed of their open and income fund “AH-Pak-Brunei Islamic Income Fund” which will be offered to investors in the ensuing month. The fund is being jointly marketed by AHIML and Pak-Brunei Investment Company, says a press release.

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KARACHI: The National Fullerton Asset Management and the Dawood Family Takaful have entered into an agreement wherein Dawood Family Takaful shall provide Takaful (financial protection) services to investors of Shariah-compliant mutual funds being managed by NAFA. Dawood Family Takaful will provide accidental death and disability coverage of Rs100,000 per investor, says a press release.