⚡ Flash Summary
Al Meezan Investment Management Limited has announced the financial results for several funds under its management for the quarter ended September 30, 2025. These results include condensed interim statements of assets and liabilities, income, comprehensive income, and cash flows. Distributions for the quarter were primarily NIL, with Meezan Rozana Amdani Fund and Meezan Daily Income Fund making daily distributions as per their offering documents. The reports for these funds will be transmitted to the Pakistan Stock Exchange (PSX) and uploaded on the Al Meezan website.
📌 Key Takeaways
- 📢 No interim distribution was announced for the majority of Al Meezan’s funds for the quarter ended September 30, 2025.
- 💰 Meezan Islamic Fund’s net assets stand at PKR 63,956.169 million as of September 30, 2025, compared to PKR 43,811.100 million as of June 30, 2025.
- 📈 Meezan Islamic Fund’s net asset value per unit increased from PKR 129.0058 on June 30, 2025, to PKR 166.3170 on September 30, 2025.
- 📊 Meezan Islamic Fund’s total income for the quarter ended September 30, 2025, was PKR 14,106.004 million, significantly higher than the PKR 651.204 million in 2024.
- 📜 Al Meezan Mutual Fund’s net assets amounted to PKR 23,605.164 million as of September 30, 2025, versus PKR 12,925.853 million as of June 30, 2025.
- 💹 Al Meezan Mutual Fund’s net asset value per unit increased from PKR 39.8818 to PKR 51.2883 during the quarter.
- 🧾 Al Meezan Mutual Fund reported a net income of PKR 4,461.507 million for the quarter ended September 30, 2025, compared to PKR 81.589 million in 2024.
- 📊 KSE Meezan Index Fund’s net assets were PKR 6,117.978 million as of September 30, 2025, compared to PKR 4,701.966 million as of June 30, 2025.
- 📈 KSE Meezan Index Fund’s net income for the quarter ended September 30, 2025, was PKR 1,545.758 million compared to a loss of PKR (68.873) million in 2024.
- 🌱 Meezan Energy Fund’s net assets were PKR 6,206.380 million as of September 30, 2025, compared to PKR 3,323.976 million as of June 30, 2025.
- 🌱 Meezan Energy Fund reported a net income of PKR 1,069.381 million for the quarter compared to a loss of PKR (8.959) million in the prior year.
- ⚖️ Meezan Balanced Fund’s net assets were PKR 4,586.025 million compared to PKR 3,394.240 million as of June 30, 2025.
- 📈 Meezan Balanced Fund’s net income for the quarter increased significantly to PKR 599.480 million compared to PKR 95.640 million in 2024.
- 💰 Meezan Asset Allocation Fund’s net assets increased to PKR 1,430.505 million compared to PKR 592.937 million as of June 30, 2025.
- 🚀 Meezan Dedicated Equity Fund’s net assets were PKR 1,000.843 million compared to PKR 373.226 million as of June 30, 2025.
🎯 Investment Thesis
Based on available information, a HOLD recommendation seems appropriate. While the funds demonstrate growth, it’s premature to give a BUY recommendation due to the lack of information on their individual investment portfolios and market benchmarks. The strong growth metrics observed for this quarter must be evaluated further to assess overall strategy and risks before a decision on the portfolio is made, particularly given the absence of distribution for most funds. The target price and time horizon are contingent on further analysis.
Disclaimer: AI-generated analysis. Not financial advice.
