PAKISTAN: Lucky Investments says it raised PKR50 billion ($US17.78 million) for its inaugural open-ended Shariah compliant money market fund launched on the 9th April 2025, calling it “the largest ever amount raised in an IPO of a mutual fund in Pakistan”. The Lucky Islamic Money Market Fund offers investors a low risk, high liquidity profile opportunity with a focus on maximum preservation of capital and generating Halal returns.
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