Karachi, 12 November, 2024 – Pak-Qatar Asset Management Company Limited (PQAMC) is a leading
dedicated Islamic Asset Management Company in Pakistan, and part of Pak-Qatar Group, which is
Pakistan’s Pioneer and Premier Islamic financial services group. PQAMC has recently announced the
monthly dividend of Pak-Qatar Monthly Income Plan (PQMIP) under PQAMC's Shariah-Compliant
Income Fund. The plan is also amongst the highest return paying plan/funds in the category.
PQMIP announced dividend of PKR 1.9730 per unit for the month of October’24 with an annualized
return of 20.97% YTD, earned as on October 31, 2024. PQAMC is rated AM2 with ‘Stable Outlook’ by
PACRA. The PQMIP plan is also rated A+ with a ‘Stable Outlook’ by PACRA.
The Chief Executive Officer of Pak-Qatar Asset Management Company Limited – Mr. Farhan Shaukat
has approved the distributions of dividends for the month of October 2024, under the authority
delegated to him by the Board of Directors.
Mr. Farhan further stated that: “We are pleased to announce this distribution to the unit-holders of
PQMIP. This reflects strong, steady performance and our commitment to delivering value and
excellence to Participants of PQMIP. We thank our investors for placing their trust in us as we
continue to drive success in the market”.
Pak-Qatar Group has a vision to add value to the economy of Pakistan by making valuable
investments and creating innovative and Halal financial ventures and services for sustainable
growth.
The stakeholders can also review the performance of Pak-Qatar Monthly Income Plan on the
website of the Mutual Funds Association of Pakistan (MUFAP).
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