29 Shariah Compliant Equity funds
Shares listed on the Pakistan Stock Exchange, picked by the fund manager.
NAVs as at 14 Oct 2026 · Source: MUFAP
Median 1-year return
down −1.89%
MUFAP's published figures, 23 funds reporting
Average 3-year return
up +187.80%
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
4.76%
Yearly running costs, already in the NAV
Typical risk
High
Holding period: five years or more
Who are Shariah Compliant Equity funds for?
Long-term investors who can watch the value fall by a fifth or more in a bad year without selling. Not for money you need soon.
Every Shariah Compliant Equity 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.
| Fund | NAV (Rs) | 1M | 1Y | 3Y | TER |
|---|---|---|---|---|---|
| NBP Islamic Energy FundNBP Fund Management Limited | 23.6057 | +3.19% | +16.29% | +242.26% | 4.66% |
| Alhamra Opportunity Fund (Dividend Strategy Plan)MCB Investment Management Limited | 209.4813 | −1.78% | +11.42% | — | 4.33% |
| Al Ameen Islamic Energy FundUBL Fund Managers Limited | 334.3661 | +1.61% | +7.63% | +243.27% | 3.38% |
| Meezan Energy FundAl Meezan Investment Management Limited | 64.4031 | +0.20% | +6.10% | +207.35% | 4.49% |
| HBL Islamic Equity FundHBL Asset Management Limited | 199.5732 | −3.74% | +5.68% | +166.26% | 4.01% |
| HBL Islamic Stock FundHBL Asset Management Limited | 249.8209 | −3.10% | +5.13% | +173.01% | 4.31% |
| NBP Islamic Stock FundNBP Fund Management Limited | 23.7137 | −2.05% | +0.67% | +203.83% | 4.04% |
| Faysal Islamic Stock Fund IIFaysal Asset Management Limited | 125.3612 | −3.33% | +0.14% | — | 5.70% |
| Alhamra Islamic Stock FundMCB Investment Management Limited | 28.6100 | −2.72% | −0.07% | +219.15% | 4.05% |
| Al Ameen Shariah Stock FundUBL Fund Managers Limited | 461.1700 | −1.92% | −0.63% | +221.89% | 3.13% |
| AWT Islamic Stock FundAWT Investments Limited | 175.1202 | −2.56% | −1.08% | +174.39% | 3.72% |
| Pak Qatar Islamic Stock FundPak-Qatar Asset Management Company Limited | 200.1290 | −2.38% | −1.89% | +117.66% | 3.56% |
| NIT Islamic Equity FundNational Investment Trust Limited | 17.9500 | −2.34% | −2.22% | +159.69% | 3.50% |
| Lucky Islamic Stock FundLucky Investments Limited | 126.4000 | −2.33% | −2.40% | — | 4.12% |
| Meezan Islamic FundAl Meezan Investment Management Limited | 153.6078 | −3.16% | −4.03% | +182.22% | 4.03% |
| Al Meezan Mutual FundAl Meezan Investment Management Limited | 47.2380 | −2.91% | −4.08% | +193.14% | 4.03% |
| ABL Islamic Stock FundABL Asset Management Company Limited | 29.8157 | −3.68% | −4.60% | +163.53% | 4.43% |
| Alfalah GHP Islamic Stock FundAlfalah Asset Management Limited | 67.7948 | −4.19% | −5.03% | +182.59% | 4.65% |
| Atlas Islamic Stock FundAtlas Asset Management Limited | 1,461.8768 | −2.51% | −5.05% | +195.96% | 3.86% |
| AL Habib Islamic Stock FundAL Habib Asset Management Limited | 155.6635 | −2.24% | −5.56% | +242.31% | 4.45% |
| Faysal Islamic Stock FundFaysal Asset Management Limited | 111.5823 | −3.47% | −6.76% | +159.04% | 5.24% |
| AKD Islamic Stock FundAKD Investment Management Limited | 99.7312 | −3.89% | −7.32% | +167.38% | 5.08% |
| JS Islamic FundJS Investments Limited | 225.3742 | −3.86% | −16.39% | +141.12% | 4.64% |
| Alhamra Islamic Energy FundMCB Investment Management Limited | 95.7651 | +1.33% | — | — | 7.10% |
| Atlas Islamic Building Materials FundAtlas Asset Management Limited | 95.8172 | −4.86% | — | — | 7.14% |
| Atlas Islamic Energy FundAtlas Asset Management Limited | 105.3540 | +1.22% | — | — | 5.06% |
| Faysal Islamic Energy FundFaysal Asset Management Limited | 99.1832 | — | — | — | 12.16% |
| Lucky Islamic Dividend Yield FundLucky Investments Limited | 90.8700 | −1.98% | — | — | 4.13% |
| Lucky Islamic Energy FundLucky Investments Limited | 97.6500 | +0.40% | — | — | 4.98% |
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.