At Mahaana, we understand that entrusting your hard-earned money to a digital asset management company (AMC) can be a significant decision. Your primary concern is the safety and security of your investments, especially in today’s digital age where trust and transparency are crucial. To address these concerns, we have partnered with the Central Depository Company of Pakistan Limited (CDC) to ensure your investments are secure.

What is the CDC?

The Central Depository Company of Pakistan Limited (CDC) is a cornerstone of Pakistan’s financial infrastructure, providing depository and settlement services for mutual funds and stock markets. With CDC, your investments are not only managed but are also held in the most secure manner possible.

The prominence of CDC:

• 95% of mutual funds in Pakistan are managed through the CDC.
• 100% of stock holdings in Pakistan are maintained with CDC.

How CDC Secures Your Investments with Mahaana

What Happens to My Money if Mahaana Closes?

If Mahaana were to cease operations, your investments would remain safe. Here’s why:

• Separate Custody: Your funds are held and managed by CDC, not directly by Mahaana. This separation guarantees that your assets are secure and unaffected by Mahaana’s operational status.
• CDC Custody: CDC ensures that your investments are stored separately from Mahaana’s operational funds. This means that even if Mahaana closes, your money remains protected under the CDC's secure systems.

Can Mahaana Steal My Money?

No. Mahaana operates under stringent regulatory frameworks and has robust systems in place to prevent any nauthorized access to your funds.

Verification Process:

• Account Validation: CDC verifies the account titles and customer details before any transaction is processed, ensuring that only authorized individuals can make changes or access funds.
• Transaction Approval: All financial transactions, whether deposits or withdrawals, require CDC’s approval. Mahaana informs the CDC about every transaction, and only after the CDC's verification and approval, the transaction is processed.

How You Know CDC is Protecting Your Investments with Mahaana

CDC-Generated RAAST ID

Every bank account associated with your investments at Mahaana has a unique CDC-generated RAAST ID, ensuring that your account is directly linked to the CDC’s secure system. This ID serves as a confirmation that CDC is actively managing and safeguarding your funds.

Faysal Bank Account Title

To add another layer of security, all deposits are made into a Faysal Bank account titled with CDC. This reinforces CDC’s role in managing and safeguarding your funds, providing you with additional assurance of the security of your investments.

Verification Process and Security Measures

At Mahaana, we follow a stringent verification process in collaboration with CDC to ensure the highest level of security for your investments:

• Customer Verification: CDC verifies your identity and account details when you open an account with Mahaana. This process ensures that only you can access and manage your investments.
• Title Accuracy: CDC ensures that the account titles and details match exactly with the records, preventing any unauthorized transactions.
• Limited Access: Mahaana only has viewing access to the bank account where all deposits are made. We cannot edit or modify any details, ensuring that your funds remain untouched and secure.
• Transaction Security: Every transaction is carefully monitored and approved by CDC. You can only withdraw funds to the bank account you registered at the time of account creation, adding an additional layer of security against unauthorized withdrawals.

Rest Assured with Mahaana and CDC

Your financial security is our top priority. By partnering with CDC, we provide a secure environment for your investments. With CDC’s robust security protocols and Mahaana’s transparent processes, you can be confident that your money is in safe hands.

For more detailed information, you can visit our FAQ section or reach out to our customer support. Trust Mahaana and CDC to keep your investments secure and enjoy peace of mind knowing that your financial future is protected.

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