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2 Shariah Compliant Exchange Traded Fund funds

Exchange-traded funds trade on the stock exchange like a share; most in Pakistan track an equity index.

Exchange-traded fund Shariah compliant

NAVs as at 14 Oct 2026 · Source: MUFAP

Median 1-year return

up +0.65%

MUFAP's published figures, 2 funds reporting

Average 3-year return

up +161.96%

Total over the three years

Average expense ratio Expense ratio (TER)A fund's yearly running costs — management fee, taxes and other charges — as a percentage of its assets, taken out of the NAV. Reported in Pakistan as the Total Expense Ratio; lower leaves more for you. Glossary

1.07%

Yearly running costs, already in the NAV

Typical risk

Varies

Holding period: depends on what the fund holds

Who are Shariah Compliant Exchange Traded Fund funds for?

Investors with a brokerage account who want to buy and sell a fund during market hours.

Every Shariah Compliant Exchange Traded Fund fund

Best published one-year return first; a fund flagged "Check data" comes last. Returns are after the fund's own costs and before any sales load.

Shariah Compliant Exchange Traded Fund funds with NAV, 1-month, 1-year and 3-year returns and expense ratio
Fund NAV (Rs)1M1Y3YTER
Meezan Pakistan ETFAl Meezan Investment Management Limited16.9927−1.75% +4.40% +161.96% 0.99%
Mahaana Islamic Index Exchange Traded FundMahaana Wealth Limited15.7000−2.36% −3.11% — 1.15%

Returns are the trailing figures published by MUFAP. Risk is the level typical of the category, not each fund's own disclosed risk profile. Past performance does not predict future returns, and nothing here is a recommendation to buy or sell.