44 Shariah Compliant Fixed Rate / Return funds
Government securities, sukuk, term finance certificates and bank placements. Aggressive income funds reach for longer maturities and weaker borrowers to earn more.
NAVs as at 14 Oct 2026 · Source: MUFAP
Average 1-year return
—
MUFAP's published figures, 0 funds reporting
Average 3-year return
—
A yearly rate, as MUFAP quotes it
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
0.21%
Yearly running costs, already in the NAV
Typical risk
Moderate
Holding period: one to three years
Who are Shariah Compliant Fixed Rate / Return funds for?
Savers who want a steadier return than shares and can leave the money for a year or more. Prices move with interest rates, so a rate rise can cause a small dip.
MUFAP quotes these funds' returns as yearly rates: a 30-day figure of 10% means the fund earned at a pace of about 10% a year over those 30 days. Compare them with each other, not with an equity fund's total return.
Every Shariah Compliant Fixed Rate / Return 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 |
|---|---|---|---|---|---|
| AL Habib Islamic Munafa Fund Plan 8AL Habib Asset Management Limited | 103.1905 | +10.65% | — | — | 0.29% |
| AL Habib Islamic Munafa Fund Plan 9AL Habib Asset Management Limited | 102.2964 | +10.68% | — | — | 0.26% |
| Alfalah Islamic Stable Return Fund Plan XIXAlfalah Asset Management Limited | 102.5596 | +11.06% | — | — | 0.25% |
| Alfalah Islamic Stable Return Plan XXAlfalah Asset Management Limited | 100.6001 | — | — | — | 0.19% |
| Alhamra Wada Plan XXIIMCB Investment Management Limited | 101.0263 | +11.48% | — | — | 0.22% |
| Faysal Islamic Mustakil Munafa Fund (Faysal Islamic Mehdood Muddat Plan XXI)Faysal Asset Management Limited | 104.3389 | +6.58% | — | — | 1.03% |
| Faysal Islamic Mustakil Munafa Fund (Faysal Islamic Mehdood Muddat Plan XXIX)Faysal Asset Management Limited | 101.2538 | +11.19% | — | — | 0.31% |
| Faysal Islamic Mustakil Munafa Fund (Faysal Islamic Mehdood Muddat Plan XXV)Faysal Asset Management Limited | 102.5684 | +9.04% | — | — | 1.20% |
| Faysal Islamic Mustakil Munafa Fund (Faysal Islamic Mehdood Muddat Plan XXVI)Faysal Asset Management Limited | 102.8065 | +13.88% | — | — | -4.59% |
| Faysal Islamic Mustakil Munafa Fund (Faysal Islamic Mehdood Muddat Plan XXVIII)Faysal Asset Management Limited | 100.8896 | +10.82% | — | — | 0.84% |
| Faysal Islamic Mustakil Munafa Fund (Faysal Islamic Mehdood Muddat Plan XXX)Faysal Asset Management Limited | 101.1314 | +11.18% | — | — | 0.33% |
| Faysal Islamic Mustakil Munafa Fund (Faysal Islamic Mehdood Muddat Plan XXXI)Faysal Asset Management Limited | 100.8784 | +10.69% | — | — | 0.29% |
| Faysal Islamic Mustakil Munafa Fund (Faysal Islamic Mehdood Muddat Plan XXXII)Faysal Asset Management Limited | 100.8026 | — | — | — | 0.15% |
| HBL Islamic Fixed Term Fund Plan 11HBL Asset Management Limited | 101.5288 | +11.14% | — | — | 0.30% |
| HBL Islamic Fixed Term Fund Plan 12HBL Asset Management Limited | 100.6563 | — | — | — | 0.21% |
| HBL Islamic Fixed Term Fund Plan 13HBL Asset Management Limited | 100.2340 | — | — | — | 0.34% |
| HBL Islamic Fixed Term Fund Plan 14HBL Asset Management Limited | 100.4012 | — | — | — | 0.46% |
| HBL Islamic Fixed Term Fund Plan XHBL Asset Management Limited | 101.1312 | +11.09% | — | — | 0.30% |
| Lucky Islamic Fixed Term Fund Plan 22Lucky Investments Limited | 100.0000 | −1.11% | — | — | 0.19% |
| Lucky Islamic Fixed Term Fund Plan 23Lucky Investments Limited | 100.9586 | +11.66% | — | — | 0.45% |
| Lucky Islamic Fixed Term Fund Plan 24Lucky Investments Limited | 102.0600 | +10.52% | — | — | 0.43% |
| Lucky Islamic Fixed Term Fund Plan 25Lucky Investments Limited | 100.0000 | −0.76% | — | — | 0.22% |
| Lucky Islamic Fixed Term Fund Plan 26Lucky Investments Limited | 100.7859 | — | — | — | 0.15% |
| Lucky Islamic Fixed Term Fund Plan 27Lucky Investments Limited | 100.4889 | — | — | — | 0.37% |
| Lucky Islamic Fixed Term Fund Plan 28Lucky Investments Limited | 100.4447 | — | — | — | 0.12% |
| Lucky Islamic Fixed Term Fund Plan 29Lucky Investments Limited | 100.6850 | — | — | — | 0.48% |
| Meezan Paidaar Munafa Plan 34Al Meezan Investment Management Limited | 51.8856 | +13.25% | — | — | 0.70% |
| Meezan Paidaar Munafa Plan 39Al Meezan Investment Management Limited | 50.0000 | +13.48% | — | — | 0.60% |
| Meezan Paidaar Munafa Plan 43Al Meezan Investment Management Limited | 51.7324 | +5.96% | — | — | 0.20% |
| Meezan Paidaar Munafa Plan 47Al Meezan Investment Management Limited | 51.5747 | +10.95% | — | — | 0.30% |
| Meezan Paidaar Munafa Plan 48Al Meezan Investment Management Limited | 51.5616 | +10.36% | — | — | 0.20% |
| Meezan Paidaar Munafa Plan 49Al Meezan Investment Management Limited | 51.5052 | +10.97% | — | — | 0.10% |
| Meezan Paidaar Munafa Plan 50Al Meezan Investment Management Limited | 51.0888 | +11.05% | — | — | 0.30% |
| Meezan Paidaar Munafa Plan 51Al Meezan Investment Management Limited | 50.4295 | +10.45% | — | — | 0.20% |
| Meezan Paidaar Munafa Plan 52Al Meezan Investment Management Limited | 51.0176 | +11.80% | — | — | 0.20% |
| Meezan Paidaar Munafa Plan 53Al Meezan Investment Management Limited | 50.4452 | +10.83% | — | — | 0.20% |
| Meezan Paidaar Munafa Plan 54Al Meezan Investment Management Limited | 50.3587 | +8.73% | — | — | 0.20% |
| Meezan Paidaar Munafa Plan 55Al Meezan Investment Management Limited | 50.0000 | — | — | — | 0.20% |
| NBP Islamic Fixed Term Munafa Plan IIB (NBP Islamic Mustahkam Fund)NBP Fund Management Limited | 10.2436 | +11.15% | — | — | 0.15% |
| NBP Islamic Fixed Term Munafa Plan VIB (NBP Islamic Mustahkam Fund)NBP Fund Management Limited | 10.1043 | +11.30% | — | — | 0.22% |
| NBP Islamic Fixed Term Munafa Plan VIIIB (NBP Islamic Mustahkam Fund)NBP Fund Management Limited | 10.0248 | — | — | — | 0.15% |
| NBP Islamic Fixed Term Munafa Plan-IVB ( NBP Islamic Mustahkam Fund )NBP Fund Management Limited | 10.0242 | +2.94% | — | — | 0.19% |
| NBP Islamic Fixed Term Munafa Plan-VB ( NBP Islamic Mustahkam Fund )NBP Fund Management Limited | 10.0652 | +7.93% | — | — | 0.19% |
| Pak Qatar Islamic Fixed Term Fund - Plan IIPak-Qatar Asset Management Company Limited | 101.9327 | +11.67% | — | — | 0.39% |
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.