KARACHI: Lucky Investments Limited has announced the launch of the Lucky Islamic Dividend Yield Fund (LIDYF), a new open end "Shariah compliant" equity fund designed to offer investors halal returns through dividend paying listed companies.
The company said the fund aims to generate regular income while also supporting long term capital growth. It will primarily invest in high dividend yielding Shariah compliant stocks, with professional portfolio management and risk oversight.
According to Lucky Investments, the new fund is designed to meet rising demand for Islamic investment products that provide stable income and align with Shariah principles. The fund focuses on combining consistent dividend earnings with potential capital appreciation over time.
The launch expands Lucky Investments’ range of Islamic financial products. The company now offers a broader portfolio that includes mutual funds and pension solutions covering liquidity management, fixed-term investments, regular income options, equity growth, energy sector exposure, retirement planning, and dividend focused strategies.
Chief Executive Officer Mohammad Shoaib, CFA, said the fund reflects the company’s commitment to providing innovative Shariah compliant investment solutions.
He said dividend-paying equities have historically supported long term wealth creation, and the new fund allows investors to benefit from quality businesses while earning regular halal income.
The fund is aimed at investors seeking steady returns, portfolio diversification, and long term growth through investments in Shariah compliant equities.
Investors can subscribe through Lucky Investments’ nationwide branches, digital investor portal, the Lucky Funds mobile application, and authorized distribution partners.