⚡ Flash Summary

Alhamra Islamic Asset Allocation Fund reported its financial results for the quarter ended September 30, 2025. The fund’s total assets increased to PKR 2,584.183 million from PKR 2,051.034 million in June 2025. Net income for the quarter stood at PKR 442.803 million, a significant increase compared to PKR 35.598 million in the same period last year. The Net Asset Value (NAV) per unit increased to PKR 213.3969 from PKR 174.5983 in June 2025, reflecting positive performance.

📌 Key Takeaways

• 📈 Total assets increased to PKR 2,584.183 million in September 2025 from PKR 2,051.034 million in June 2025.
• 💰 Investments grew to PKR 2,142.247 million from PKR 1,754.786 million.
• 📊 Net income for the period surged to PKR 442.803 million from PKR 35.598 million year over year.
• ⭐ Net gain on sale of investments significantly increased to PKR 21.964 million from PKR 2.429 million.
• ✨ Net unrealised gain on revaluation of investments rose substantially to PKR 418.346 million from PKR 27.927 million.
• 💼 Total income increased to PKR 465.056 million from PKR 53.562 million year over year.
• 💸 Management company remuneration increased to PKR 16.806 million from PKR 12.843 million.
• 🧾 Brokerage, settlement and bank charges decreased to PKR 948 thousand from PKR 1.239 million.
• ✅ The number of units in issue increased to 11,912,578 from 11,579,974.
• 💹 Net Assets Value per unit increased to PKR 213.3969 from PKR 174.5983 in June 2025.
• 💸 Cash and cash equivalents increased to PKR 426.136 million from PKR 280.462 million in June 2025.
• 👍 Net cash generated from operating activities was PKR 68.212 million compared to PKR 132.642 million last year.

🎯 Investment Thesis

Based on the strong financial performance, including significant growth in assets, income, and NAV per unit, a BUY recommendation is warranted. The fund’s ability to generate substantial unrealized gains indicates effective investment strategies. However, investors should monitor market conditions and regulatory changes that could impact the fund’s performance.