Shariah-compliant investment products: Lucky Investments, DIB Pakistan partner

KARACHI: Lucky Investments Limited and DIB Pakistan have entered into a strategic partnership to expand access to Shariah-compliant investment products across Pakistan, aiming to promote Islamic savings, wealth creation and retirement planning through an extensive nationwide banking network. Under a memorandum of understanding (MoU) signed between the two institutions, DIB Pakistan, a subsidiary of Dubai Islamic Bank UAE, will distribute Lucky Investments’ Islamic mutual funds and pension funds through its branch network, allowing customers to access professionally managed Shariah-compliant investment solutions. The collaboration brings together Lucky Investments’ asset management expertise and DIB Pakistan’s banking footprint, which serves more than 556, 000 customers through over 300 branches in 100 cities across the country. According to the companies, the initiative is aimed at strengthening investment offerings available through DIB Pakistan’s customer touch points while encouraging long-term savings and broader participation in Pakistan’s Islamic finance sector. Commenting on the partnership, Chief Executive Officer of Lucky Investments Limited, Mohammad Shoaib, said the collaboration marked an important milestone in the company’s efforts to make high-quality Shariah-compliant investment products accessible to a wider segment of investors. “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, ” he said. DIB Pakistan Chief Executive Officer Muhammad Ali Gulfaraz said the partnership would help expand access to ethical financial solutions by bringing professionally managed Islamic investment and retirement products directly to customers through the bank’s nationwide branch network. “Together, we aim to create meaningful pathways to long-term financial security, ” he added. The collaboration reflects increasing integration between Pakistan’s Islamic banking and Islamic asset management sectors as financial institutions seek to broaden the availability of ethical and Shariah-compliant financial products. Copyright Business Recorder, 2026

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