The announcement pertains to the transmission of the annual financial statements for AKD Islamic Cash Fund for the year ended June 30, 2026.
- The fund achieved a return of 11.24%, outperforming its benchmark return of 9.37%.
- Total net assets increased significantly to PKR 815.56M, up 199.93% from PKR 271.91M in the previous year.
- NAV per unit rose to PKR 50.32, compared to PKR 50.00 in the prior year.
- The fund's asset allocation as of June 30, 2026, included 40.44% in cash and cash equivalents and 48.30% in placements with banks and DFIs.
- There were no significant changes in the state of affairs during the period under review.
- The report confirms compliance with Shariah guidelines for all fund activities.