⚡ Flash Summary

The Faysal Halal Amdani Fund reported its unaudited financial statements for the quarter ended September 30, 2025. The fund’s Condensed Interim Statement of Assets and Liabilities shows total assets of 43,638,107,400 Rupees. The Condensed Interim Income Statement indicates a total income of 1,182,047,440 Rupees and a net income after taxation of 1,007,141,079 Rupees. The Net Asset Value per Unit stands at 104.3373 Rupees.

📌 Key Takeaways

• Total assets for Faysal Halal Amdani Fund reached 43,638,107,400 Rupees as of September 30, 2025.
• Balances with banks amounted to 5,907,399,022 Rupees, a decrease from 15,504,228,201 Rupees in June 2025.
• Investments totaled 36,729,944,741 Rupees compared to 26,879,960,737 Rupees in June 2025.
• Deposits, advances, prepayment, and other receivables were 895,673,520 Rupees.
• Total liabilities reached 184,079,975 Rupees.
• Payable to Faysal Asset Management Limited was 81,120,170 Rupees.
• Payable to Central Depository Company of Pakistan Limited – Trustee was 2,376,285 Rupees.
• Payable to the Securities and Exchange Commission of Pakistan amounted to 2,817,711 Rupees.
• Net income for the quarter ended September 30, 2025, was 1,007,141,079 Rupees, a significant decrease from 3,320,838,296 Rupees for the same quarter in 2024.
• Expenses decreased substantially, with remuneration of Faysal Asset Management Limited dropping to 137,138,456 Rupees from 276,840,994 Rupees in the previous year’s quarter.
• Basic earnings per unit were not disclosed.
• Net cash used in operating activities was (9,210,911,750) Rupees, compared to (889,637,109) Rupees in 2024.

🎯 Investment Thesis

Given the fund’s focus on providing competitive returns with capital preservation, the drop in net income raises concerns. The reduction in bank balances may or may not be an indicator to the Fund’s performance, so I recommend a HOLD position until further financial data, analysis, and the full financial report has been released.