Atlas Islamic Income Fund
Atlas Islamic Income Fund (AIIF) was established by a Trust Deed dated May 7, 2008 between Atlas Asset Management Limited (AAML), as Management Company and Central Depository Company of Pakistan Limited (CDC), as Trustee.
To provide its unit holders with a stable rate of current income consistent with long-term preservation of capital in a Shariah compliant manner.
The Fund invests only in Shariah compliant income instruments to provide regular Halal income to investors. Considering the low risk tolerance of an income fund’s investors, the key objective will be to earn competitive returns while containing the risk (volatility) of the returns to a minimum.
The Fund actively manages a diversified portfolio of Shariah compliant income securities (including Shariah compliant Government Securities). Shariah compliant placements are executed with a bank or DFI in debt instruments not lower than A- (A minus) rating. At least 25% of the net assets are invested in cash and near cash instruments with less than 90 days maturity.
The Fund actively manages a diversified portfolio of Shariah compliant income securities (including Shariah compliant Government Securities). Shariah compliant placements are executed with a bank or DFI in debt instruments not lower than A- (A minus) rating. At least 25% of the net assets are invested in cash and near cash instruments with less than 90 days maturity.
atlasfund
| Fund Launch Date | : | October 14, 2008 |
| Type | : | Open-ended |
| Category | : | Shariah Compliant Income |
| Dealing Days | : | Monday to Friday |
| Cut Off Timings | : | 9:00 a.m. to 4:00 p.m. |
| Front End Load | : | Nil |
| Pricing Mechanism | : | Forward Pricing |
| Management Fee | : |
Up to 1.50% Actual Rate of Management Fee will be disclosed in Monthly FMR |
| Fund Risk Profile | : | Medium |
| Rating | : | AA-(f) (PACRA) (as on 27-October-2025) |
| Listing | : | Pakistan Stock Exchange |
| Duration | : | Perpetual |
| Trustee | : |
Central Depository Company of Pakistan Limited (CDC) House 99-B, Block B, CDC Main Shahra-e-Faisal, Sindhi Muslim Cooperative Housing Society (SMCHS), Karachi, 74400 |
| Registrar | : | ITMinds Limited: 99-B, Block “B”, S.M.C.H.S., Shahrah-e-Faisal, Karachi. |
| Auditor | : | Yousuf Adil Chartered Accountant |
| Financial Year Ending | : | June 30 |
| Minimum Investment | : | Rs. 5,000/- |
| Shariah Advisor | : | Dr. Mufti Hassan Ashraf Usmani (Reg. # SECP/IFD/SA/041). |
| Benchmark | : | 75% six months PKISRV rates + 25% six (6) months average of the highest rates on savings account of three (3) AA rated scheduled Islamic Banks or Islamic windows of Conventional Banks as selected by MUFAP. |
| Total Expense Ratio (TER) | : | Investors are advised to consult the Fund Manager Report (FMR) of the respective CIS for the latest information pertaining to the updated TER. |
| Applicable Taxes | : | Income earned in the form of dividend or capital gain shall be charged at a rate as specified in Income Tax Ordinance 2001. |
| Disclaimer | : | Before you invest, you are encouraged to review the detailed features of the Fund in the offering document and/ or Monthly Fund Manager Report. |
| Asset Management Company | : |
Atlas Asset Management Limited, Ground Floor, Federation House, Sharae Firdousi, Clifton, Karachi-75600. Telephone # (92-21) 35379501-4 |
- Riba free returns.
- Guidelines of authentic Shariah Advisor.
- Online access to individual accounts.
- Shariah Compliant avenue of investment for individuals, corporate clients and retirement schemes.
- Shariah Compliant investment plans available.
- Professional Fund Management Expertise.
- Required minimum investment as low as Rs. 5,000.
- Easy withdrawal of money.
- No minimum holding period.
- Risk Diversification.
- Exemption from Zakat (on submission of Affidavit).
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Account Title : CDC TRUSTEE ATLAS ISLAMIC INCOME FUND
IBAN : PK67AIIN0000111098201017
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