customerservices@faysalfunds.com   (021) – 111 329 725

Faysal Islamic Cash Fund

Fund Objective


The Objective of the Fund is to seek maximum possible preservation of capital and a reasonable rate of return via investing primarily in Shariah Compliant money market securities.

Brief Terms of FICF are presented below


Fund Name Faysal Islamic Cash Fund
Fund Type Open Ended
Pricing Mechanism Backward
Category Shariah Compliant Money Market Scheme
Tenure Perpetual
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.
Minimum Investment PKR 5,000/
Front end Load Up to 2%
Back end Load
(as Deferred Sale Load)
Up to 1%
Benchmark Three (3) months average deposit rates of three
(3) –AA rated Islamic Banks or Islamic windows
of Conventional Banks as selected by MUFAP.
Auditor A.F Ferguson & Co, Chartered Accountant
Legal Advisor Mohsin Tayebaly & Co.
Trustee Central Depository Company of Pakistan Limited (CDC)
Back office Accounting Services IT Minds Limited

Key Benefits


Stable and Halal competitive returns.
Short term cash parking with high liquidity in a Shariah Compliant manner.
Professional management of your savings
Highly liquid investment over short-term period
No-lock-in period, withdraw investment at any point without any penalty
Frequently dividend units distributed into investor’s account
Easy online Redemption & Conversion facility available
Tax benefit as per section 62 of Income Tax Ordinance 2001

Frequently Asked Questions


What is Faysal Islamic Cash Fund?

The Objective of the Fund is to seek maximum possible preservation of capital and a reasonable rate of return via investing primarily in Shariah Compliant money market securities.

What is Fund strategy?

The Strategy of the Fund is to meet liquidity needs of investors by providing investors frequent payout (regular profits) through investments in high quality Shariah Compliant money market instruments.

FICF Termsheet
FICF Brochure

Investment Committee

Mr. Khaldoon Bin Latif Chief Executive Officer
Mr. Ayub Khuhro Chief Investment Officer
Mr. 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