Arif Habib Limited (AHL) has strongly denied any association with a fake AI investment platform that has been promoted through misleading reports and social media posts, warning investors against fraudulent schemes using the company’s name and reputation.
The Pakistan Stock Exchange (PSX)-listed company issued a formal clarification after fabricated reports falsely claimed that businessman Arif Habib had launched an artificial intelligence-based investment programme promising weekly profits of up to Rs500,000.
According to a filing submitted to the Pakistan Stock Exchange, the claims are completely false and have no connection with Arif Habib Limited or any entity within the Arif Habib Group.
Company Rejects Fake AI Investment Platform Claims
In its official statement, Arif Habib Limited categorically denied launching, endorsing, sponsoring, or supporting any artificial intelligence-based investment scheme.
The company stated that neither Arif Habib, Arif Habib Limited, nor any other organisation affiliated with the Arif Habib Group has any involvement with the platform being promoted online.
Officials described the reports as fabricated, unauthorised, and deliberately misleading.
The company further clarified that it has no association with the publication, website, mobile application, or digital platform responsible for circulating the false information.
The clarification was issued to protect investors and ensure that the public receives accurate information.
Investors Urged To Verify Investment Offers
Arif Habib Limited advised investors and the general public to verify the authenticity of financial information before making any investment decisions.
The company warned against trusting advertisements, social media posts, or websites that promise unusually high returns within a short period.
According to the fraudulent claims, investors were allegedly promised weekly profits of up to Rs500,000 through an AI-powered investment platform.
Financial experts have consistently cautioned that schemes guaranteeing exceptionally high returns often carry a high risk of fraud.
The company also urged the public not to share personal or financial information with unverified websites or unknown platforms.
Company Highlights Official Communication Channels
Arif Habib Limited reiterated that all corporate announcements, financial disclosures, and investor updates are released only through its official communication channels and the Pakistan Stock Exchange.
The company advised investors to rely exclusively on verified information published through authorised platforms.
It also requested the Pakistan Stock Exchange to place the clarification on record and circulate it among investors and market participants to help prevent further misinformation.
Online Investment Scams Continue To Rise
The incident highlights the increasing threat of online financial scams that misuse the names of well-known companies and business leaders to deceive investors.
Fraudsters are increasingly exploiting the growing popularity of artificial intelligence by falsely claiming to offer AI-powered investment systems capable of generating guaranteed profits.
Experts continue to advise investors to exercise caution when encountering investment opportunities that promise unusually high returns with little or no risk.
AHL Reaffirms Commitment To Investor Protection
Arif Habib Limited reaffirmed its commitment to protecting investor interests, promoting market transparency, and supporting the integrity of Pakistan’s financial markets.
The company said it will continue monitoring the misuse of its name while encouraging the public to report suspicious activities through the appropriate authorities.