Ali Raza D. Habib

First Habib Islamic Balanced Fund is a open-ended shriah complaint balanced scheme. Its objective of the Fund is to provide medium to long term capital growth and regular income by investing in shariah complaint equity and debt securities. The Fund invests primarily in shariah compliant listed shares, sukuks / ijara sukuks and other shariah complaint instruments permitted by the shariah Advisor of the Fund. First Habib Islamic Balanced Fund was founded on November 9, 2013 and is headquartered in Karachi, Pakistan.

AL Habib Asset Management Ltd. (AHAML) is the wholly-owned fund management subsidiary of Bank Al Habib Ltd. (KASE: BAHL) in Pakistan. The firm was founded in 2005 as Habib Asset Management Ltd. Headquartered in Karachi, AHAML manages open-end mutual funds and several discretionary and non- discretionary portfolios for individuals, sole-proprietorships, retirement funds, public and private sector entities, and charitable institutions.