Lucky Investments Ltd. and DIB Pakistan, a subsidiary of Dubai Islamic Bank UAE, have entered into a strategic collaboration aimed at expanding access to Shariah-compliant investment solutions across Pakistan.
Under a memorandum of understanding (MoU), DIB Pakistan will distribute Lucky Investments’ Islamic mutual funds and pension funds through its nationwide branch network, allowing customers to access professionally managed Islamic investment products through one of the country’s leading Islamic banking franchises.
The partnership combines Lucky Investments’ asset management expertise with DIB Pakistan’s network of more than 300 branches across 100 cities, serving over 556,596 customers nationwide.
Commenting on the collaboration, Lucky Investments Ltd. CEO Mohammad Shoaib, CFA, said: “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.”
DIB Pakistan CEO Muhammad Ali Gulfaraz said: “At DIB Pakistan, we are committed to expanding access to ethical financial solutions. Our collaboration with Lucky Investments strengthens that commitment – bringing professionally managed Islamic investment and retirement solutions directly to our customers through our branch network. Together, we aim to create meaningful pathways to long-term financial security.”
The two institutions said the initiative reflects the growing convergence between Islamic banking and Islamic asset management in Pakistan and supports their shared vision of promoting ethical and Shariah-compliant financial solutions for individuals and families across the country.