IDLC Asset Shariah Fund meeting held

The 22nd Shariah Supervisory Board Meeting of IDLC Asset Management Shariah Fund, managed by IDLC Asset Management Limited, was held on Sunday, with Dr. Syed Muhammed Emdad Uddin in the chair, says a statement.

Board members Dr. Sayed Kamaluddin Abdullah Zafree, Dr. M Mahabbat Hossain and Mufti Yusuf Sultan reviewed the Shariah-related activities for the third quarter (January-March '25) and approved all the Shariah Compliance Reports of the mutual fund.

Apart from this, the Shariah Board discussed issues related to Shariah based laws and guidelines of IDLC Asset Management Shariah Fund and appreciated the management for ensuring the Shariah Compliance of the Fund.