DIF is our new open-end Shariah Compliant Islamic Fund. The fund aims to provide investors “Riba Free” returns or “Halal Munafa”.

The main objective of the fund is to provide an avenue to the Unit Holders to invest in a diversified portfolio based on Shariah Compliant investments under the supervision of its Shariah Adviser.

DIF is unique in Pakistan in the Islamic category as it is an Asset Allocation fund which can invest in shares as well as in Sukuks and Shariah compliant securities. This allows investors the opportunity to avail higher returns than Islamic Income Funds with a lower risk-profile than Islamic Funds that invest only in shares.

To ensure the fund remains shariah compliant, the fund has Shariah advisors including Professor Mufti Muneeb-ur-Rehman, Mufti Muhammad Abubakr Siddiq and Mufi Syed Sabir Hussain to offer their guidance.

Once an investment has been deemed shariah compliant by our advisors, our risk managers conduct in-depth analysis of the selected investment avenues. Only scripts that pass the shariah advisors and then the risk managers may be deemed suitable for investing.

The Fund is highly liquid with redemption taking usually 3 working days. The fund is listed on the Karachi Stock Exchange (KSE).