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Faysal Halal Amdani Fund (FHAF)

Riba free way to manage liquidity

Fund Objective


The objective of Faysal Halal Amdani Fund is to provide competitive rate of return with maximum possible preservation of capital by investing in liquid and low risk Shariah Compliant bank deposits, money market & debt securities

Brief Terms of FHAF are presented below


Fund Type Open Ended
Pricing Mechanism Forward
Category Shariah Compliant Money Market Scheme
Management Fee Management Company shall be entitled to an accrued
remuneration equal to an amount not exceeding 1%
of Average Annual Net Assets, within allowed
expense ratio limit. Management shall disclose
actual rate of management fee charged as
percentage of net assets of collective investment
scheme in monthly Fund Manager Report.
Minimum Investment PKR 5,000/-
Front / Back End Load Up to 2% of NAV
Risk Profile Very Low
Benchmark Three (3) months average deposit rates of three
(3) AA rated Islamic Banks or Islamic windows of
Conventional Banks as selected by MUFAP.
Trustee Central Depository Company of Pakistan Limited
Shariah Advisor Mufti Abdul Zahid Farooqi
Auditor A.F Ferguson & Co.
Back Office Accounting Services IT Minds Limited

Key Benefits


Shariah Compliant Riba Free Investment and Halal Returns
Encashment without any penalty
Competitive returns as compared to the Shariah Compliant bank deposit
Parking avenue for short-term Halal investments
Tax benefit as per Section 62 of ITO 2001.
Provides safe and stable stream of Halal income
No minimum holding period of investment

Frequently Asked Questions


What is Faysal Halal Amdani Fund?

The objective of Faysal Halal Amdani Fund is to provide competitive rate of return with maximum possible preservation of capital by investing in liquid and low risk Shariah Compliant bank deposits, money market & debt securities

Who can Invest?

This Product Is Suitable For Investors Who Are Seeking:
• Attractive returns through Shariah compliant money market scheme
• Shariah complaint Riba free investment with Halal profit

What is plan strategy?

The strategy of the Fund is to provide investors with a safe and stable stream of Halal return on their investments by investing in low risk and short term shariah compliant instruments.

FHAF Term sheet
FHAF Brochure
FHAF Investment Form

Investment Committee

Mr. Khaldoon Bin Latif Chief Executive Officer
Mr. Ayub Khuhro Chief Investment Officer
Syed Shahid Iqbal Sr. Fund Specialist - Fixed Income
Mr. Muhammad Akbar Latif Khan Head of Research
Mr. Khurram Salman Head of Compliance and Internal Audit
Mr. Mohammad Qasim Head of Risk Management