Lahore Stock Exchange (G) Limited authorised the applications for formal listing and quotation of the units of HBL (Habib Bank Limited)-Islamic Money Market Fund and HBL-Islamic Stock Fund (Open end Funds managed by HBL Asset Management Limited).
The investment objective of the HBL-Islamic Money Market Fund is to find high liquidity, competitive return and maximum possible preservation of Capital for investors by investing in low risk Shariah Compliant securities.
http://www.dailytimes.com.pk/default.asp?page=2011\05\11\story_11-5-2011_pg5_16