Pakistani Islamic ETFs record double-digit quarterly AuM growth amid wider asset class contraction globally

GLOBAL: Islamic ETFs in Pakistan grew by 60.68% quarter-on-quarter (q-o-q), with AuM reaching US$10.21 million at the end of Q1 2026, according to the IFN Investor Funds Database. This double-digit growth bucked a wider trend of modest single digit growth, even contraction experienced by other markets. Australian Islamic ETFs recorded a 13.16% growth, the largest drop, followed by Indonesia at -11.6% and India at -6.33%. The Republic of Ireland registered an 11.11% q-o-q rise while Malaysian Islamic ETFs grew by 7.51%.