Lucky Investments introduces Shariah-compliant energy fund

News Image

MG News | January 01, 2026 at 03:07 PM GMT+05:00

January 01, 2026 (MLN): Lucky Investments Limited has introduced the Lucky Islamic Energy Fund (LIEF), a Shariah-compliant, sector-focused equity fund designed to provide investors with exposure to Pakistan’s growing energy sector through ethical and disciplined investing.

The launch coincides with gradual reforms in Pakistan’s energy sector, driven by rising demand, policy initiatives, efficiency improvements, and an increasing shift toward renewable and sustainable energy sources.

These developments have enhanced the sector’s attractiveness for long-term investors.

The Fund will primarily invest in Shariah-compliant listed energy companies across exploration and production, refining, power generation, and renewable energy, with the objective of achieving long-term capital growth, according to the press release.

With this addition, Lucky Investments continues to expand its Islamic investment offerings while contributing to the development of Pakistan’s Islamic capital markets.

Investor confidence in the company is evident in its assets under management (AUMs) which currently exceed Rs130bn and establish it as the fastest-growing asset management company in Pakistan in 2025.

Commenting on the launch, Mohammad Shoaib, CFA, Chief Executive Officer of Lucky Investments Limited, said the energy sector remains central to Pakistan’s economic revival and long-term sustainability.

He added that the Lucky Islamic Energy Fund offers investors a focused, Shariah-compliant opportunity to participate in this critical sector while aligning investments with faith-based values.

The open-end Shariah-compliant sector equity fund is benchmarked against the KMI-30 Index and is classified as a high-risk fund, suitable for investors with a long-term investment horizon.

The Fund offers flexibility, with no minimum holding period or redemption penalty.

All investments will be made under the supervision of Mufti Muhammad Hassaan Kaleem, Shariah Advisor to Lucky Investments, ensuring continuous compliance with Islamic principles within a robust governance and risk management framework.

The launch of LIEF underscores Lucky Investments’ commitment to channeling capital toward priority sectors of the economy through responsible, Shariah-aligned investment solutions.

Copyright Mettis Link News

 

 

Related News

Name Price/Vol %Chg/NChg
KSE100 179,927.05
365.01M
-1.27%
-2314.73
ALLSHR 109,270.69
838.76M
-1.19%
-1312.98
KSE30 53,705.71
89.34M
-1.33%
-726.00
KMI30 253,531.92
109.38M
-1.32%
-3382.29
KMIALLSHR 70,152.63
543.97M
-1.25%
-888.68
BKTi 50,997.50
18.73M
-1.38%
-715.26
OGTi 36,216.08
8.18M
-1.21%
-443.50
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 63,005.00 64,680.00
62,605.00
-1080.00
-1.69%
BRENT CRUDE 78.53 79.80
77.28
2.52
3.32%
RICHARDS BAY COAL MONTHLY 105.75 0.00
0.00
-1.15
-1.08%
ROTTERDAM COAL MONTHLY 118.00 0.00
0.00
0.65
0.55%
USD RBD PALM OLEIN 1,135.00 1,135.00
1,135.00
0.00
0.00%
CRUDE OIL - WTI 73.88 75.08
72.61
2.47
3.46%
SUGAR #11 WORLD 14.79 14.98
14.65
-0.09
-0.60%

Chart of the Day


Latest News
July 13, 2026 at 04:00 PM GMT+05:00

PSX Closing Bell: Falls Off A Cliff


July 13, 2026 at 03:32 PM GMT+05:00

PCJCCI hails Sahiwal Coal Plant success


July 13, 2026 at 03:09 PM GMT+05:00

Gold price in Pakistan falls Rs3,800 per tola


July 13, 2026 at 02:55 PM GMT+05:00

Standard Chartered appoints Adil Salahuddin as CEO



Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg