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M. Habib-ur-Rahman isa Fellow Chartered Accountant from the Institute of Chartered Accountants in England & Wales and has attended management level programs (PMD) from Harvard Business School, Economic Development Institute of the World Bank, and the International Institute of Islamic Studies, Cairo. He has played an instrumental role in setting up Pakistan's first open-end mutual fund as then chairman/chief Executive of 3S ABAMCO Limited (presently JS Investments Ltd). He is a founding member of Mutual Funds Association of Pakistan and served as its Chairman in 2009-2010. He has been the Securities and Exchange Commission of Pakistan (Commission) ' s nominee on the Board of the Karachi stock Exchange in 2000, 2001, & 2003, and has also been a member of the Commission's Advisory Group on Capital Markets, and the Commission's Enquiry Committee on management of Exposure Rules by KSE/LSE. He joined Atlas Asset Management as Chief Executive Officer in January, 2004.
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HABIB-UR-RAHMAN: Atlas Asset Management (AAML) was incorporated in 2002 as part of Atlas Group of Companies and registered with the Securities & Exchange Commission of Pakistan (SECP) as an asset management company for managing mutual funds and pension funds. It is rated AM2- by PACRA and currently offers both conventional and Shariah compliant investment avenues to all; with the product portfolio categorized into three core brands of Atlas Funds, Atlas Meraj and Atlas Pensions.
Atlas Funds is the conventional arm of AAML' s product portfolio and was launched in 2004 with the inception of two open-ended funds of Atlas Income Fund (AIF) and Atlas Stock Market Fund (ASMF) and one close-ended fund, namely Atlas Fund of Funds (ATFF) . All three funds attained the coveted 5-Star rating in 2006, highlighting excellent performance and recognition. After the financial crisis of 2008, a new cash fund was introduced by the name of Atlas Money Market Fund (AMF) to cater to the needs of risk-averse investors.
As the market continued to evolve, the demand and awareness for shariah compliant funds has increased. To cater to the growing needs of the market, AAML introduced its first Islamic Equity Fund namely Atlas Islamic Stock Fund (AISF) in 2007, followed by its first Islamic fixed income fund namely Atlas Islamic...