How to Invest in Gold | Meezan Gold Fund | Digital Banking

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Description
Meezan Gold Fund
Meezan Gold Fund (MGF) is a Shariah Compliant Commodity Scheme and the concept of “Meezan Gold Fund” is to invest in gold instruments in the most efficient manner, as permitted by the SECP and the Shariah Advisor.

Investment Objective & Philosophy
The objective of MGF is to provide maximum exposure to prices of Gold in a Shariah Compliant (Islamic) manner, by investing significant portion of the Fund’s net assets in deliverable gold based contracts available on Pakistan Mercantile Exchange (PMEX).

Key Benefits
Meezan Gold Fund is Pakistan’s first Shariah Compliant open-end commodity scheme
Affordable investment in the form of divisible units with low initial minimum investment amount requirement.
Security without hassle of buying, storing and transporting physical gold
An effective hedge against rising gold prices for long term purchases of gold jewelry
High purity of gold purchased.
A convenient means of diversification for investment portfolios.
Managed by the only Shariah compliant Asset Management Company in Pakistan with a solid track record of over 28 years, and under the supervision of a reputable shariah advisor, Dr. Imran Ashraf Usmani.
https://www.almeezangroup.com/what-we-offer/mutual-funds/commodity-funds/