Islamic Fund Management
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Chart 4.9: Pakistan’s Islamic AuM as a Percentage of Total AuM (2013-2017)
Sources: MUFAP (2017), SECP (2017)
Note that total assets include Islamic mutual funds, voluntary pension funds managed by AMCs, and Islamic REITs
managed by RMC. Although AMCs also manage discretionary and non-discretionary portfolios (both conventional
and Islamic), their total assets are excluded due to the unavailability of sufficient data. However, it is estimated
that the total size of Islamic portfolios outside the mutual fund structure stands at around PKR75 billion-PKR80
billion.
Chart 4.10: Number of Funds in Pakistan (2013-2017)
Source: MUFAP (2017)
Note that the number of Islamic funds, shown in this chart, includes: (i) open-ended funds; (ii) close-ended funds;
and (iii) pension funds, but excludes REITs (only 1 Islamic REIT launched as at end-2017)