PAKISTAN: Lucky Investments has launched the Lucky Islamic Energy Fund, offering exposure to Pakistan’s energy sector through Islamic capital market instruments, Biz Today reported. The fund will invest in Shariah compliant listed energy companies across exploration and production, refining, power generation as well as renewable energy and is benchmarked against the KMI-30 Index. The fund’s investments will be overseen by Shariah adviser Mufti Muhammad Hassaan to ensure ongoing compliance.
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