Brief of the Fund
DIF aims to pool in our investor’s money in all the shariah compliant tools such Islamic Banking, Ijarah Sukuk, and Shariah Compliant equity stocks, etc which ultimately aim to provide substantial halal returns to our investors in a short span of time.https://italiafarmacia.to/comprare-viagra-generico-senza-ricetta-online/
Key Objective
To provide Riba-Free “Halal Munafa!â€Â to investors by investing maximum 25% of net assets in equities, with the high percentage of non-equity income providing stability.
Key features of the Fund
| Structure | Open End |
| Industry Category | Islamic Asset Allocation |
| Listing | KSE |
| Duration | Perpetual |
| Pricing Mechanism | Forward |
| Benchmark | 17% KMI-30 + 83% Savings Rate |
| AMC Rating | Non-rated |
| Minimum to Investment (PKR) | 5,000 |
| Sales Load | Nil |
| Management Fee | 1.50% Per Annum |
| Fund Manager | Miss Tara Uzra Dawood (Acting Fund) Mr. Muhammad Abbas (Debt Fund Manager) Mr. Muhammad Aslam (Asst. Equity Fund Manager) |
| Shariah Board | Mufti Muneeb ur Rehman (Chairperson) Mufti Syed Sabir Husain Mufti Syed Zahid Siraj |
Fund Performance
| Fund Performance Highlights | FY16 | FY15 | FY14 | FY13 | FY14 |
| DIF-S Returns | 19.01% | 6.34% | 12.48% | 132.58% | -6.87% |
| Dividends (per unit) | 43.4501 | 14.0397 | 24.5591 | 104.3780 | 10.500 |
