Shariah supervisory board meeting of IDLC Asset Management held

FE Team | Published: January 23, 2025 00:08:01

The 21st Shariah Supervisory Board Meeting of IDLC Asset Management Shariah Fund, managed by IDLC Asset Management Limited, was held recently with Dr Syed Muhammed Emdad Uddin in the chair, says a press release.
Dr M Mahabbat Hossain, Prof Mamtaz Uddin Ahmed, Dr Muhammad Manzur-E-Elahi and Mufti Yusuf Sultan (other board members) have reviewed the Shariah related activities for the second quarter ended (October'24 - December'24) and approved all the Shariah Compliance Reports of the mutual fund.
The Shariah Board discussed issues related to Shariah based laws and guidelines of IDLC Asset Management Shariah Fund and appreciated the management for complying the Shariah Compliance of the Fund.