Pakistan's mutual fund assets reach Rs4.49 trillion, Islamic funds near 50% share

Pakistan’s mutual fund industry held Rs4.49 trillion in assets at the end of June 2026, with Shariah-compliant schemes representing 49.02%, according to data from the Securities and Exchange Commission of Pakistan reported by Profit by Pakistan Today. Islamic funds had Rs2.21 trillion, while conventional funds held Rs2.29 trillion, or 50.98% of industry assets.

Money market funds accounted for 44.76% of assets, income funds 30.51% and equity funds 15.16%. Individual residents held 41.5% across 870,622 accounts, while corporate investors accounted for 36.6%. Analysts cited high interest rates, fixed-income returns of around 11% to 12% and geopolitical uncertainty as factors behind the comparatively small equity allocation. They said lower rates, stronger market confidence and easing tensions could support a shift towards equities, while economic stability, corporate profitability and investor awareness remain important.