Karachi, Pakistan – Pak-Qatar Asset Management Company Limited (PQAMC)-Rated AM2 with stable outlook by PACRA, Pakistan’s emerging dedicated Islamic Asset Management Company and part of Pak-Qatar Group, Pakistan’s premier and pioneer Islamic financial services group. PQAMC proudly announce a remarkable achievement in Pakistan’s Islamic financial sector, surpassing PKR 50 billion in Assets Under Management (AUM) within just two years of operations. This milestone establishes PQAMC as the truly emerging asset management company in the country, demonstrating exceptional growth and market penetration in Pakistan’s competitive financial landscape.
“This extraordinary milestone reflects our commitment to excellence and the trust our investors have placed in us,” said Mr. Farhan Shaukat, Chief Executive Officer of PQAMC. “Reaching PKR 50 billion in AUM by the end of its second operational year is not just a number; it is a testament to our team’s dedication, our strong investment strategies in Shariah-compliant financial solutions, and our promise to deliver superior value to our stakeholders while maintaining the highest standards of Shariah compliance.”
The achievement reinforces PQAMC’s position as a real emerging force in Pakistan’s asset management industry, highlighting the company’s operational excellence and strategic vision in building a diverse portfolio that resonates with both corporate/institutional and individual investors.
About Pak-Qatar Group:
Pak-Qatar Group stands as Pakistan’s Premier and Pioneer Islamic financial services group, offering a comprehensive range of savings and protection solutions that adhere to the principles of Shariah-compliant finance. With steadfast commitment to excellence and strong emphasis on Islamic values, the group encompasses companies such as Pak-Qatar Asset Management Company Limited, Pak-Qatar Family Takaful Limited, Pak-Qatar General Takaful Limited and Pak-Qatar Investment (Private) Limited.
Karachi, Pakistan – Pak-Qatar Group (PQG), Pakistan’s premier and pioneer Islamic financial services group, has signed a Memorandum of Understanding (MoU) with ILMA University, marking a significant step towards enhancing the talent pool in the Islamic finance industry.
The partnership aims to address Pakistan’s capacity constraints in Islamic finance and Takaful by leveraging ILMA University’s pool of professionals with expertise in business and technology. This collaboration will enable Pak-Qatar Family Takaful Limited to enhance its service quality by inducting skilled talent from ILMA University across relevant fields.
Mr. Kamran Ali Khan, Head of Human Resources and Training at Pak-Qatar Group, expressed enthusiasm about the collaboration: “We are pleased to access ILMA University’s pool of talented individuals with expert knowledge in business and technology. This initiative aligns with our commitment to providing the best Islamic financial solutions and expertise to our customers, ensuring their secure financial future through innovative products and industry-leading customer service.”
About Pak-Qatar Group:
Pak-Qatar Group stands as Pakistan’s premier and pioneer Islamic financial services group, offering a comprehensive range of savings and protection solutions that adhere to the principles of Shariah-compliant finance. With steadfast commitment to excellence and strong emphasis on Islamic values, the group encompasses companies such as Pak-Qatar Investment (Private) Limited, Pak-Qatar Asset Management Company Limited, Pak-Qatar Family Takaful Limited and Pak-Qatar General Takaful Limited.
Karachi, Pakistan – Pak-Qatar Group (PQG), a leading Islamic financial services group in Pakistan, is pleased to announce a strategic partnership with Sybrid Private Limited to enhance customer experience across its subsidiaries.
PQG continues to uphold its vision of enhancing a customer-centric approach through improved customer experience, implementation of technology in service processes, and product innovation. The partnership with Sybrid aligns with PQG’s commitment to high-quality service delivery, ensuring that customers of Pak-Qatar Asset Management Company Limited (PQAMC), Pak-Qatar Family Takaful Limited (PQFTL), and Pak-Qatar General Takaful Limited (PQGTL) receive exceptional services.
Since its inception, PQG has been a pioneer in providing innovative Islamic financial solutions in the country. The group consistently offers technology-driven solutions that optimize business operations and enhance customer experience, reinforcing its position as a leader in the Islamic financial sector.
Under this agreement, Sybrid will provide 24/7 contact center services, ensuring seamless customer support across all verticals of PQG. This partnership displays PQG’s commitment to delivering exceptional customer experience while maintaining operational efficiency and excellence. PQG continues to offer a comprehensive range of savings, protection and investment solutions.
Mr. Waqas Ahmad, Chief Executive Officer of PQFTL, said during the signing ceremony: “Our partnership with Sybrid aims to significantly enhance our customer experience by leveraging their expertise and advanced technologies. We are confident that this partnership will enable us to offer unmatched support to our customers through technology-driven solutions and enhanced customer experience.”
About Pak-Qatar Group:
Pak-Qatar Group stands as Pakistan’s premier and pioneer Islamic financial services group, offering a comprehensive range of savings and protection solutions that adhere to the principles of Shariah-compliant finance. With steadfast commitment to excellence and strong emphasis on Islamic values, the group encompasses companies such as Pak-Qatar Investment (Private) Limited, Pak-Qatar Asset Management Company Limited, Pak-Qatar Family Takaful Limited and Pak-Qatar General Takaful Limited.
| Fund Name | Per Unit Cash Dividend (Pak Rupees) |
| Pak-Qatar Monthly Income Plan | 1.1066 |
The above entitlement will be distributed to the unit holders, whose names appear in the register of unit holders at the close of business on Nov 26, 2024.
Sincerely,
Umair Karim
CFO & Company Secretary
| Fund Name | Per Unit Cash Dividend (Pak Rupees) |
| Pak-Qatar Monthly Income Plan | 1.9730 |
The above entitlement will be distributed to the unit holders, whose names appear in the register of unit holders at the close of business on Oct 28, 2024.
Sincerely,
Umair Karim
CFO & Company Secretary
| Fund Name | Per Unit Cash Dividend (Pak Rupees) |
| Pak-Qatar Monthly Income Plan | 1.1508 |
The above entitlement will be distributed to the unit holders, whose names appear in the register of unit holders at the close of business on Sep 23, 2024.
Sincerely,
Umair Karim
CFO & Company Secretary
Karachi, Pakistan – Pak-Qatar Group (PQG), Pakistan’s premier and pioneering Islamic financial services group, proudly announces its recent accreditation by the Institute of Chartered Accountants of Pakistan (ICAP) as an Approved Training Organization Outside Practice (TOoP). This prestigious recognition marks a significant milestone in PQG’s ongoing commitment to nurturing and developing Chartered Accountancy professionals.
The official accreditation ceremony was graced by senior officials from both organizations, including Mr. Farrukh V. Junaidy and Mr. Muhammad Kamran Saleem, Board Members of Pak-Qatar Group, and Mr. Farrukh Rehman, President of ICAP. The event underscored the importance of this partnership in advancing the accounting profession within Pakistan.
Mr. Farrukh Rehman, President of ICAP, highlighted the significance of this collaboration, stating, “ICAP is delighted to partner with Pak-Qatar Group in offering a comprehensive Chartered Accountancy Training Program. Our objective is to ensure that future chartered accountants are thoroughly prepared to meet the evolving challenges of the industry. Pak-Qatar Group’s designation as a Training Organization Outside Practice reflects their unwavering commitment to upholding the highest standards in training and professional development.”
Expressing his enthusiasm, Mr. Muhammad Kamran Saleem, Director of Pak-Qatar Group, said, “We are honored to be recognized as an accredited Training Organization Outside Practice by ICAP. This accreditation is a testament to our dedication to fostering professional growth and excellence in accountancy. Our collaboration with ICAP represents a shared vision of empowering aspiring CA professionals with the skills and knowledge they need to succeed in their careers.”
The Chartered Accountancy Training Program is designed to provide hands-on training and real-world experience to emerging chartered accountants. By equipping them with essential practical skills and strategic insights, the program aligns with ICAP’s mission to enhance the quality and impact of accounting education and training in Pakistan.
About Pak-Qatar Group (PQG):
Pak-Qatar Group is Pakistan’s leading and pioneering Islamic financial services group, offering a comprehensive range of savings and protection solutions that adhere to Shariah-compliant principles. With a steadfast commitment to excellence and a strong emphasis on Islamic values, the group includes companies such as Pak-Qatar Investment (Private) Limited, Pak-Qatar Asset Management Company Limited, Pak-Qatar Family Takaful Limited, Pak-Qatar General Takaful Limited, Sharq Trading & Merchandising Limited and Qatar Group (Private) Limited.
About The Institute of Chartered Accountants of Pakistan (ICAP):
The Institute of Chartered Accountants of Pakistan (ICAP) is a prestigious regulatory body that promotes, develops, and supports over 10,000 Chartered Accountants. ICAP facilitates the Chartered Accountancy qualification, professional growth, and development while sharing knowledge, insights, and technical expertise. It also safeguards the integrity and value of the accountancy profession. ICAP plays a vital role in strengthening Pakistan’s regulatory framework through collaboration with key institutions such as the State Bank of Pakistan, the Securities and Exchange Commission of Pakistan, the Federal Board of Revenue, and various other government ministries.
The Chief Executive Officer of Pak-Qatar Asset Management Company Limited under the authority delegated by the Board of Directors, has approved the following distributions for the month of Aug 2024.
| Fund Name | Per Unit Cash Dividend (Pak Rupees) |
| Pak-Qatar Monthly Income Plan | 1.6137 |
The above entitlement will be distributed to the unit holders, whose names appear in the register of unit holders at the close of business on Aug 28, 2024.
Sincerely,
Umair Karim
CFO & Company Secretary
Karachi, Pakistan – Pak-Qatar Asset Management Company Limited (PQAMC) is a leading dedicated Islamic Asset Management Company in Pakistan, and part of Pak-Qatar Group, which is Pakistan’s Pioneer and Premier Islamic financial services group. PQAMC has recently announced the monthly dividend of Pak-Qatar Monthly Income Plan (PQMIP) under PQAMC’s Shariah-Compliant Income Fund. The plan is also amongst the highest return paying plan in the category.
PQMIP announced dividend of PKR 1.7952 per unit for the month of July’24 with an annualized return of 22.32% YTD, earned as on July 31, 2024. PQAMC is rated AM2 with ‘Stable Outlook’ by PACRA. The PQMIP plan is also rated A+ with a ‘Stable Outlook’ by PACRA.
The Chief Executive Officer of Pak-Qatar Asset Management Company Limited – Mr. Farhan Shaukat has approved the distributions of dividends for the month of July 2024, under the authority delegated to him by the Board of Directors.
Mr. Farhan further stated that: “The above entitlement will be distributed to the unit-holders, whose names appear in the register of unit-holders at the close of business on July 30, 2024. This reflects PQMIP’s strong and consistent performance and our commitment to our valued Participants of PQMIP”.
Pak-Qatar Group has a vision to add value to the economy of Pakistan by making valuable investments and creating innovative and Halal financial ventures and services for sustainable growth.
The stakeholders can also review the performance of Pak-Qatar Monthly Income Plan on the website of the Mutual Funds Association of Pakistan (MUFAP).
Karachi, Pakistan – Pak-Qatar Asset Management Company Limited (PQAMC), a leading Islamic asset management company and part of Pak-Qatar Group, Pakistan’s premier and pioneer Islamic financial services group, has been awarded the Employer of the Year Award by securing 1st position in the Small National Category, presented by the prestigious Employers’ Federation of Pakistan. This award recognizes PQAMC’s continuous commitment towards offering employment, career growth and learning opportunities to numerous individuals in the country. The award is presented to organizations that demonstrate exceptional standards in recruitment, inclusion and development.
On this occasion and highlighting the important role of the HR team, Mr. Farhan Shaukat, Chief Executive Officer at PQAMC, commented, “We are immensely proud of this achievement, which reflects the tireless efforts of our HR team in enhancing the recruitment practices and career growth among our workforce. This award not only demonstrates our dedicated recruitment efforts but also emphasizes on our ongoing commitment to developing talent and enhancing productivity.”
PQAMC has set a benchmark in the financial sector for its proactive initiatives in nurturing talent and promoting a culture of inclusivity and growth. This award serves as evidence to the organization’s relentless pursuit of excellence in human resource practices.
About Pak-Qatar Group:
Pak-Qatar Group stands as Pakistan’s premier and pioneer Islamic financial services group, offering a comprehensive range of savings and protection solutions that adhere to the principles of Shariah-compliant finance. With steadfast commitment to excellence and strong emphasis on Islamic values, the group encompasses companies such as Pak-Qatar Family Takaful Limited, Pak-Qatar General Takaful Limited, Pak-Qatar Investment (Private) Limited and Pak-Qatar Asset Management Company Limited.
| Fund Name | Per Unit Cash Dividend (Pak Rupees) |
| Pak-Qatar Monthly Income Plan | 1.7952 |
The above entitlement will be distributed to the unit holders, whose names appear in the register of unit holders at the close of business on July 30, 2024.
Sincerely,
Umair Karim
CFO & Company Secretary
The distribution of dividend under Pak-Qatar Daily Dividend Plan is being resumed from July 10, 2024.
The appreciation in net asset value per unit of the fund until July 09, 2024 will be distributed on the date mentioned above. The Plan would subsequently continue daily distribution of dividend as per its constitutive documents.
This is to inform that Pak-Qatar Asset Management Company Limited may, if deemed fit, will announce interim distribution on Tuesday, June 25, 2024 out of the profits earned in the following Funds/Plans for the year ending June 30, 2024:
The register of unitholders of aforementioned Funds/Plans will remain close on Tuesday, June 25, 2024. Unitholders whose name appear in the register at the close of the business on Monday, June 24, 2024 will be entitled to interim distribution, if any.
Company Secretary
This is to inform that Pak-Qatar Asset Management Company Limited may, if deemed fit, will announce interim distribution on Friday, June 21, 2024 out of the profits earned in the following Funds/Plans for the year ending June 30, 2024:
Pak-Qatar Islamic Cash Fund
Pak-Qatar Islamic Income Fund
Pak-Qatar Islamic Stock Fund
The register of unitholders of aforementioned Funds/Plans will remain close on Friday, June 21, 2024. Unitholders whose name appear in the register at the close of the business on Thursday, June 20, 2024 will be entitled to interim distribution, if any.
Company Secretary
| Fund Name | Per Unit Cash Dividend (Pak Rupees) |
| Pak-Qatar Monthly Income Plan | 1.9458 |
The above entitlement will be distributed to the unit holders, whose names appear in the register of unit holders at the close of business on May 29, 2024.
Sincerely,
Umair Karim
CFO & Company Secretary
| Fund Name | Per Unit Cash Dividend (Pak Rupees) |
| Pak-Qatar Monthly Income Plan | 1.4074 |
The above entitlement will be distributed to the unit holders, whose names appear in the register of unit holders at the close of business on April 25, 2024.
Sincerely,
Umair Karim
CFO & Company Secretary
| Fund Name | Per Unit Cash Dividend (Pak Rupees) |
| Pak-Qatar Monthly Income Plan | 1.7635 |
The above entitlement will be distributed to the unit holders, whose names appear in the register of unit holders at the close of business on March 28, 2024.
Sincerely,
Umair Karim
CFO & Company Secretary
| Fund Name | Per Unit Cash Dividend (Pak Rupees) |
| Pak-Qatar Monthly Income Plan | 1.5574 |
The above entitlement will be distributed to the unit holders, whose names appear in the register of unit holders at the close of business on February 27, 2024.
Sincerely,
Umair Karim
CFO & Company Secretary
| Fund Name | Per Unit Cash Dividend (Pak Rupees) |
| Pak-Qatar Monthly Income Plan | 2.1313 |
The above entitlement will be distributed to the unit holders, whose names appear in the register of unit holders at the close of business on January 29, 2024.
Sincerely,
Umair Karim
CFO & Company Secretary
| Fund Name | Per Unit Cash Dividend (Pak Rupees) |
| Pak Qatar Stable Return Plan I (PQSRP I) | 6.3362. |
The above entitlement will be distributed to the unit holders, whose names appear in the register of unit holders at the close of business on January 23, 2024.
Sincerely,
Umair Karim
CFO & Company Secretary
The Chief Executive Officer of Pak-Qatar Asset Management Company Limited under the authority delegated by the Board of Directors, has approved the following distributions for the month of December 2023.
| Fund Name | Per Unit Cash Dividend (Pak Rupees) |
| Pak-Qatar Monthly Income Plan | 1.6184 |
The above entitlement will be distributed to the unit holders, whose names appear in the register of unit holders at the close of business on December 26, 2023.
Sincerely,
Umair Karim
CFO & Company Secretary
The Chief Executive Officer of Pak-Qatar Asset Management Company Limited under the authority delegated by the Board of Directors, has approved the following distributions for the month of November 2023.
| Fund Name | Per Unit Cash Dividend (Pak Rupees) |
| Pak-Qatar Monthly Income Plan | 1.8392 |
The above entitlement will be distributed to the unit holders, whose names appear in the register of unit holders at the close of business on November 27, 2023.
Sincerely,
Umair Karim
CFO & Company Secretary
The Chief Executive Officer of Pak-Qatar Asset Management Company Limited under the authority delegated by the Board of Directors, has approved the following distributions for the month of October 2023.
| Fund Name | Per Unit Cash Dividend (Pak Rupees) |
| Pak-Qatar Monthly Income Plan | 1.6358 |
The above entitlement will be distributed to the unit holders, whose names appear in the register of unit holders at the close of business on October 24, 2023.
Sincerely,
Umair Karim
CFO & Company Secretary
The Chief Executive Officer of Pak-Qatar Asset Management Company Limited under the authority delegated by the Board of Directors, has approved the following distributions for the month of .
| Fund Name | Per Unit Cash Dividend (Pak Rupees) |
| Pak-Qatar Monthly Income Plan | 1.7152 |
The above entitlement will be distributed to the unit holders, whose names appear in the register of unit holders at the close of business on September 27, 2023.
Sincerely,
Umair Karim
CFO & Company Secretary
The Chief Executive Officer of Pak-Qatar Asset Management Company Limited under the authority delegated by the Board of Directors, has approved the following distributions for the month of September 2023.
| Fund Name | Per Unit Cash Dividend (Pak Rupees) |
| Pak-Qatar Asset Allocation Plan I (PQAAP IA) | 1.3444 |
The above entitlement will be distributed to the unit holders, whose names appear in the register of unit holders at the close of business on September 15, 2023.
Sincerely,
Umair Karim
CFO & Company Secretary
The Chief Executive Officer of Pak-Qatar Asset Management Company Limited under the authority delegated by the Board of Directors, has approved the following distributions for the month of September 2023.
| Fund Name | Per Unit Cash Dividend (Pak Rupees) |
| Pak-Qatar Asset Allocation Plan II (PQAAP IIA) | 1.3444 |
The above entitlement will be distributed to the unit holders, whose names appear in the register of unit holders at the close of business on September 15, 2023.
Sincerely,
Umair Karim
CFO & Company Secretary
The Chief Executive Officer of Pak-Qatar Asset Management Company Limited under the authority delegated by the Board of Directors, has approved the following distributions for the month of August 2023.
| Fund Name | Per Unit Cash Dividend (Pak Rupees) |
| Pak-Qatar Monthly Income Plan | 1.7599 |
The above entitlement will be distributed to the unit holders, whose names appear in the register of unit holders at the close of business on August 30, 2023.
Sincerely,
Umair Karim
CFO & Company Secretary
Pak-Qatar Asset Management Company Limited announced the IPO of Pak-Qatar Asset Allocation Fund on Thursday, August 17, 2023. The fund was launched on Friday, August 18, 2023.
Investment in the fund is based on Shariah Compliant Islamic instruments with minimum investment of PKR 100 million.
Plans offered in the fund are:
• Pak-Qatar Asset Allocation Plan-IA
• Pak-Qatar Asset Allocation Plan-IIA
The Chief Executive Officer of Pak-Qatar Asset Management Company Limited under the authority delegated by the Board of Directors, has approved the following distributions for the month of July 2023.
| Fund Name | Per Unit Cash Dividend (Pak Rupees) |
| Pak-Qatar Monthly Income Plan | 1.3716 |
The above entitlement will be distributed to the unit holders, whose names appear in the register of unit holders at the close of business on July 27, 2023.
Sincerely,
Umair Karim
CFO & Company Secretary
| Fund Name | Per Unit Cash Dividend (Pak Rupees) |
| Pak-Qatar Islamic Stock Fund | 0.1363 |
The above entitlement will be distributed to the unit holders, whose names appear in the register of unit holders at the close of business on July 20, 2023.
Sincerely,
Umair Karim
CFO & Company Secretary-
This is to inform you that dividend distribution for the FY-2022-2023 will be announced as per following schedule:
| S. No. | NAME OF FUND / PLAN | Date of Distribution |
| 1 | Pak-Qatar Islamic Stock Fund (PQISF) | Monday, June 19, 2023 |
This is to inform you that dividend distribution for the FY-2022-2023 will be announced as per following schedule:
| S. No. | NAME OF FUND / PLAN | Date of Distribution |
| 1 | Pak-Qatar Asaan Munafa Plan (PQAMP) | Tuesday, June 27, 2023 |
| 2 | Pak-Qatar Cash Plan (PQCP) | Tuesday, June 27, 2023 |
This is to inform you that dividend distribution for the FY-2022-2023 will be announced as per following schedule:
| S. No. | NAME OF FUND / PLAN | Date of Distribution |
| 1 | Pak-Qatar Income Plan (PQIP) | Tuesday, June 27, 2023 |
| 2 | Pak-Qatar Monthly Income Plan (PQIMP) | Tuesday, June 27, 2023 |
| 3 | Pak-Qatar Khalis Bachat Plan (PQKBP) | Tuesday, June 27, 2023 |
The Chief Executive Officer of Pak-Qatar Asset Management Company Limited under the authority delegated by the Board of Directors, has approved the following distributions for the month of May 2023.
| Fund Name | Per Unit Cash Dividend (Pak Rupees) |
| Pak-Qatar Monthly Income Plan | 1.7824 |
The above entitlement will be distributed to the unit holders, whose names appear in the register of unit holders at the close of business on May 26, 2023.
Sincerely,
Umair Karim
CFO & Company Secreta
The Chief Executive Officer of Pak-Qatar Asset Management Company Limited under the authority delegated by the Board of Directors, has approved the following distributions for the month of April 2023.
| Fund Name | Per Unit Cash Dividend (Pak Rupees) |
| Pak-Qatar Monthly Income Plan | 1.3636 |
The above entitlement will be distributed to the unit holders, whose names appear in the register of unit holders at the close of business on , 2023.
Sincerely,
Umair Karim
CFO & Company Secretary
The Chief Executive Officer of Pak-Qatar Asset Management Company Limited under the authority delegated by the Board of Directors, has approved the following distributions for the month of
.
| Fund Name | Per Unit Cash Dividend (Pak Rupees) |
| Pak-Qatar Monthly Income Plan | 1.6614 |
The above entitlement will be distributed to the unit holders, whose names appear in the register of unit holders at the close of business on , 2023.
Sincerely,
Umair Karim
CFO & Company Secretary
The Chief Executive Officer of Pak-Qatar Asset Management Company Limited under the authority delegated by the Board of Directors, has approved the following distributions for the month of .
| Fund Name | Per Unit Cash Dividend (Pak Rupees) |
| Pak-Qatar Monthly Income Plan | 0.7080 |
The above entitlement will be distributed to the unit holders, whose names appear in the register of unit holders at the close of business on , 2023.
Sincerely,
Umair Karim
CFO & Company Secretary
The Chief Executive Officer of Pak-Qatar Asset Management Company Limited under the authority delegated by the Board of Directors, has approved the following distributions for the month of January, 2023.
| Fund Name | Per Unit Cash Dividend (Pak Rupees) |
| Pak-Qatar Monthly Income Plan | 1.3667 |
The above entitlement will be distributed to the unit holders, whose names appear in the register of unit holders at the close of business on January 30, 2023.
Sincerely,
Umair Karim
CFO & Company Secretary
The Chief Executive Officer of Pak-Qatar Asset Management Company Limited under the authority delegated by the Board of Directors, has approved the following distributions for the month of December, 2022.
| Fund Name | Per Unit Cash Dividend (Pak Rupees) |
| Pak-Qatar Monthly Income Plan | 1.0194 |
The above entitlement will be distributed to the unit holders, whose names appear in the register of unit holders at the close of business on December 28, 2022.
Sincerely,
Umair Karim
CFO & Company Secretary
The Chief Executive Officer of Pak-Qatar Asset Management Company Limited under the authority delegated by the Board of Directors, has approved the following distributions for the month of November, 2022.
| Fund Name | Per Unit Cash Dividend (Pak Rupees) |
| Pak-Qatar Monthly Income Plan | 0.9711 |
The above entitlement will be distributed to the unit holders, whose names appear in the register of unit holders at the close of business on November 25, 2022.
Sincerely,
Umair Karim
CFO & Company Secretary
The Chief Executive Officer of Pak-Qatar Asset Management Company Limited under the authority delegated by the Board of Directors, has approved the following distributions for the month of October, 2022.
| Fund Name | Per Unit Cash Dividend (Pak Rupees) |
| Pak-Qatar Monthly Income Plan | 0.8808 |
The above entitlement will be distributed to the unit holders, whose names appear in the register of unit holders at the close of business on October 26, 2022.
Sincerely,
Umair Karim
CFO & Company Secretary
The Chief Executive Officer of Pak-Qatar Asset Management Company Limited under the authority delegated by the Board of Directors, has approved the following interim distributions for the period ended September 29, 2022.
| Fund Name | Per Unit Cash Dividend (Pak Rupees) |
| Pak-Qatar Islamic Stock Fund | 0.2350 |
The above entitlement will be distributed to the unit holders, whose names appear in the register of unit holders at the close of business on September 29, 2022.
Sincerely,
Umair Karim
CFO & Company Secretary
December 08, 2021 (MLN): Pak-Qatar Asset Management Company Ltd (PQAMC), a newly-incorporated company of the Pak-Qatar Group has been granted a license by the Securities and Exchange Commission of Pakistan to offer asset management and investment advisory services, sources informed MG News earlier today.
“PQAMC with its Shariah-compliant investment solutions will be an addition to Pak-Qatar Group’s portfolio currently providing protection and risk mitigation solutions through Family Takaful and General Takaful (life and non-life Islamic insurance) in Pakistan,” the source added further.
There are 20 AMCs operating in Pakistan with Rs891 billion worth of assets under management.
Karachi: Pak-Qatar Asset Management Company Limited (PQAMC) recently announced IPO of its Shariah Compliant Collective Investment Schemes (Mutual Funds) with Islamic Stock Fund as the first to be launched among the three (03) funds. PQAMC will shortly offer other two (02) Shariah Compliant Mutual Funds, i.e., Islamic Income Fund and Islamic Money Market Fund.
PQAMC obtained its license to operate as an Asset Management Company and Investment Advisor in December, 2021. The Company is sponsored by Pak-Qatar Family Takaful Ltd., the pioneer Family Takaful Company in Pakistan and FWU AG, Munich, the leading German Life Insurer & Asset Manager operating in Europe and the Middle East.
Mr. Farhan Shaukat, CEO, PQAMC said, “On behalf of PQAMC, I am pleased to announce the launch of Islamic Stock Fund. We shall continue to offer our customers with the best Shariah Compliant investment solutions so that they may easily diversify their investment portfolio. We shall shortly be offering Islamic Income Fund and Islamic Money Market Fund, which will allow our customers to invest based on their risk appetite.”
Pak-Qatar Asset Management Company is a part of the Pak-Qatar Group, which comprises of Pak-Qatar Family Takaful Limited (PQFTL), Pak-Qatar General Takaful Limited (PQGTL), Pak-Qatar Investment Limited (PQIL) and PQAMC. PQAMC is sponsored by PQFTL, PQIL and FWU AG, Munich. The Group has been operating in Pakistan since 2007 and has a rich and diverse experience of more than 15 years in providing protection and investment solutions through Takaful. PQAMC is registered with and supervised by, the Securities and Exchange Commission of Pakistan (SECP). Qualified Shariah Scholars certify all products and operations for Shariah compliance.
Karachi: Pak-Qatar Asset Management Company Limited (PQAMC) recently announced that SECP has accorded approval for the launch of its Shariah Compliant Collective Investment Schemes (Mutual Funds). PQAMC is going for IPO of its funds. PQAMC obtained its license to operate as an Asset Management Company and Investment Advisor in December, 2021.
The Company has obtained approval to launch three (03) Shariah Compliant funds along with six (06) plans
catering needs of masses. PQAMC, being a group company having strong takaful arms will augment Takaful benefits with its investment plans.
Mr. Farhan Shaukat, CEO, Pak-Qatar Asset Management Company Limited said on the launch occasion, “We are pleased to announce obtaining approval to offer a wide variety of Shariah Compliant collective investment schemes with a flavor of Takaful which is unique in the existing market that allows our customers to diversify their investment portfolio. We are also the second company that is exclusively offering the Shariah Compliant Collective Investment Schemes in Pakistan. We aim to encourage our customers to invest in our funds that are designed specifically for their investment needs. We are looking forward to providing the best investment solutions in the country to our customers”
PQAMC has a vision to “improve people’s lifestyles through the right investments with Riba-free returns”. With our expertise, we aim to offer our valued customers with the best-in-class technology advanced investment solutions, mutual funds, and investment advisory services.
Pak-Qatar Asset Management Company Limited is a part of the Pak-Qatar Group, which comprises of Pak-Qatar Family Takaful Limited (PQFTL), Pak-Qatar General Takaful Limited (PQGTL), and Pak-Qatar Investment Limited (PQIL). The Group has been operating in Pakistan since 2007 and has a rich and diverse experience of more than 15 years in providing protection and investment solutions through Takaful. PQAMC is registered with and supervised by, the Securities and Exchange Commission of Pakistan (SECP). A Qualified Shariah Scholars certify all products and operations for Shariah compliance.
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