786 Investments Limited Reports Significant Increase in Income for Islamic Money Market Fund

Karachi: 786 Investments Limited has announced its financial results for the 786 Islamic Money Market Fund for the quarter ending September 30, 2026. The report, dated October 29, 2026, reveals notable changes in income and expenses compared to the same period in the previous year.

The income generated from investments and balances with banks reached 17,396,807 rupees for the quarter, a significant increase from the 11,194,026 rupees reported for the same quarter in 2025. This marks a very large or significant move in the fund's income.

The expenses for the quarter also increased, totaling 1,540,858 rupees compared to 903,489 rupees in the previous year. Key expense items include remuneration to the management company, which rose to 714,793 rupees from 341,627 rupees, and the Sindh sales tax on this remuneration, which increased to 107,218 rupees from 51,244 rupees. Remuneration to the trustee also saw an increase to 244,316 rupees from 152,838 rupees, and the related Sindh sales tax rose to 37,203 rupees from 22,968 rupees.

According to information available from the Pakistan Stock Exchange (PSX), the net income for the period before tax stood at 15,855,949 rupees, a substantial rise from the 10,290,537 rupees recorded in the same period last year. Taxation remained unchanged, with no tax applied for both periods.

The net income for the period after tax was the same as before tax, at 15,855,949 rupees, reflecting a very large or significant move from the previous year's 10,290,537 rupees. After accounting for income already paid on units redeemed, the accounting income available for distribution was calculated at 14,880,187 rupees for the quarter, compared to 8,395,902 rupees in the previous year.

This financial performance places the 786 Islamic Money Market Fund in a favorable position within the designated market category.