Latest news with #FarhanShaukat
Business Recorder
7 days ago
- Business
- Business Recorder
PQAMC achieves strong performance with 117pc AUM growth
KARACHI: Pak-Qatar Asset Management Company Limited (PQAMC)-rated AM2 with a Stable Outlook by PACRA and part of Pak-Qatar Group, Pakistan's premier and pioneer Islamic financial services group, has achieved another remarkable milestone in its growth journey with an impressive 117 percent YoY growth in its Assets Under Management (AUM) for FY2025. This milestone reinforces PQAMC's standing as one of the fastest-growing dedicated Islamic asset management companies in the country. The robust growth trajectory reflects the company's continued emphasis on delivering Shariah-compliant investment solutions, underpinned by strong governance practices, a disciplined investment philosophy, and a commitment to ethical wealth creation. PQAMC's expansion has been fuelled by the consistent performance of its diversified fund offerings, growing investor confidence, and a steadily expanding client base comprising both individual and institutional investors. Over the past couple of years, the company has significantly strengthened its market presence by offering value-driven financial products aligned with Islamic investment principles. Commenting on the achievement, Chief Executive Officer of Pak-Qatar Asset Management Company Farhan Shaukat said: 'We are humbled by the trust placed in us by our investors, which has enabled us to achieve this tremendous growth. This success is a testament to our unwavering focus on delivering sustainable and Shariah-compliant investment avenues that meet the evolving financial aspirations of our clients. At PQAMC, we are dedicated to being a trusted partner in Islamic asset management.' Copyright Business Recorder, 2025
Arab News
22-07-2025
- Business
- Arab News
Pak-Qatar Asset Management reports 117% growth in assets for FY2025
KARACHI: Pak-Qatar Asset Management Company (PQAMC) said on Tuesday its assets under management (AUM) rose by 117% in the financial year ending June 30, citing growing demand for Shariah-compliant investment products in Pakistan. The company is part of the Pak-Qatar Group, a joint venture backed by Qatari and Pakistani investors focused on the development and promotion of Islamic finance. It said the surge in AUM, which refers to the total market value of client investments it oversees, was driven by consistent fund performance, increasing investor confidence and a broader client base across both retail and institutional segments. The growth reinforces the company's position among the fastest-expanding Islamic asset managers in the country. 'We are humbled by the trust placed in us by our investors, which has enabled us to achieve this tremendous growth,' its chief executive officer, Farhan Shaukat, said in a statement. 'This success is a testament to our unwavering focus on delivering sustainable and Shariah-compliant investment avenues that meet the evolving financial aspirations of our clients.' Following its recent performance, the company said it aims to further strengthen its position by offering innovative Islamic investment solutions tailored to a range of financial goals. It maintained its strategy remains anchored in ethical wealth creation, sound governance and disciplined portfolio management in accordance with Islamic principles. The company has expanded its reach in recent years by diversifying its product offerings and investing in client education around Islamic financial planning. It now manages a growing suite of funds catering to both conservative and growth-oriented investors seeking faith-based alternatives in a volatile economic environment. The company's performance comes amid increasing interest in Islamic finance across Pakistan's investment landscape, with regulatory support and shifting investor preferences driving demand for Shariah-aligned mutual funds and retirement products. The company said it would continue to build on its momentum by enhancing digital accessibility, improving client engagement and launching new funds in response to market trends and participant needs.
Business Recorder
05-06-2025
- Business
- Business Recorder
PQAMC announces monthly dividend
KARACHI: Pak-Qatar Asset Management Company Limited (PQAMC) has announced the monthly dividend of Pak-Qatar Monthly Income Plan (PQMIP) under its Shariah-Compliant Income Fund. PQMIP announced a dividend of PKR 0.2095 per unit for the month of May '25, earned as on May 27, 2025. The plan is also amongst the highest return paying plans in the category. PQAMC and PQMIP are rated AM2 and A+ respectively with 'Stable Outlook' by Pakistan Credit Rating Agency (PACRA). The Chief executive officer (CEO) of Pak-Qatar Asset Management Company Limited, Farhan Shaukat has approved the distributions of dividends for the month of the previous month under the authority delegated to him by the Board of Directors. 'This reflects strong, steady performance and our commitment to delivering value and excellence to the shareholders of PQMIP', Shaukat said. Pak-Qatar Group has a vision to add value to the economy of Pakistan by making valuable investments and creating innovative and Halal financial ventures and services for sustainable growth, he added. Copyright Business Recorder, 2025
