Karachi: Mahaana Wealth Limited has announced that its Board of Directors will convene on April 28, 2025, to deliberate on the financial accounts of the Mahaana Islamic Index Exchange Traded Fund (ETF). The meeting will focus on evaluating the ETF's performance over multiple periods ending on March 31, 2024; June 30, 2024; September 30, 2024; December 31, 2024; and March 31, 2025.
According to information available from the Pakistan Stock Exchange (PSX), this review is a routine procedure where the board examines the financial statements and operational outcomes of the ETF. The aim is to ensure transparency and provide stakeholders with an accurate financial assessment over the specified periods.
The Mahaana Islamic Index ETF, categorized under the designated market category, will undergo a comprehensive audit during this meeting. The board's evaluation will help in determining the fund's compliance with financial regulations and its alignment with market expectations.