Faysal Asset Management Approves Interim Distributions for Shariah Compliant Funds

Karachi: Faysal Asset Management Limited announced an interim distribution for the fiscal year ending June 30, 2025, as approved by the Chief Executive Officer with the authority of the Board of Directors. The announcement was made public on June 24, 2025, and will impact unit holders recorded at the close of business on the same date.

The Faysal Islamic Stock Fund, classified under the Shariah Compliant Equity category, will see a payout of Rs. 43.7971 per unit, representing a Very large or significant move at 43.7971% of the par value of Rs. 100 per unit. This fund is designed for investors seeking equity investments compliant with Islamic principles.

The Faysal Islamic Savings Growth Fund, falling under the Shariah Compliant Income category, has declared a payout of Rs. 16.0267 per unit, translating to a Very large or significant move at 16.0267% of the par value. This fund appeals to investors interested in income-generating instruments that adhere to Shariah guidelines.

Conversely, the Faysal Islamic Special Income Fund- Faysal Islamic Special Income Plan-III, also within the Shariah Compliant Income category, reported no payout for this interim period.

According to information available from the Pakistan Stock Exchange (PSX), these distributions will be processed for unit holders whose names are registered in the respective funds. The company has instructed the relevant TRE certificate holders of the exchange to ensure a smooth crediting process.

The interim distributions reflect Faysal Asset Management's ongoing commitment to providing returns to its investors while maintaining compliance with Shariah principles. As the designated market category, these distributions are part of the company's strategy to cater to the growing demand for Islamic financial products.