The investment objective of the Fund is to generate competitive risk adjusted returns by investing in short, medium and long-term Shariah Compliant fixed income instruments.
|Fund Type||Open End|
|Category||Islamic Income Scheme|
|Inception Date||4th March 2014|
|Benchmark||6 month average deposit rates of three (3) A rated scheduled Islamic Banks or Islamic windows of Conventional Banks as selected by MUFAP.|
|Management Co. Rating||AM3+ by VIS (18 Jan 2019)|
|Fund Stability Rating||A(f) by PACRA (14th July 2017)|
|Load||2% (Front-end) 0% (Back-end)|
|Risk Profile||Low to Moderate Risk|
|Listing||Pakistan Stock Exchange|
|Trustee||Central Depository Company
of Pakistan Ltd.
|Legal Advisor||Rizwan Faiz Associates|
|Fund Manager||Imran Rahim Khan|
|Shariah Advisors||Mufti Abdul Zahid Farooqi|
|Minimum Investment||PKR. 100|