Lucky Investments Limited has crossed Rs130 billion in assets under management (AUM) within its first year of operations, marking one of the fastest growth trajectories seen in Pakistan’s Islamic asset management industry. The milestone places the company among the most rapidly scaling Shariah-compliant asset managers in the country’s capital market.
The achievement reflects rising demand for Islamic investment products at a time when Shariah-compliant finance continues to expand its share within Pakistan’s mutual fund industry. Market participants note that reaching this level of AUM in such a short period is uncommon, as asset management companies typically take several years to achieve comparable scale.
Lucky Investments commenced operations in 2025 and launched its first Islamic mutual fund in April of the same year. Within nine months, the company expanded its product portfolio to seven Islamic mutual funds, alongside multiple investment plans tailored to different investor profiles. The rapid expansion attracted strong participation from both retail and institutional investors, contributing to the sharp rise in managed assets.
Industry data indicates that Islamic mutual funds have emerged as one of the fastest-growing segments within Pakistan’s asset management sector. Growth has been supported by increasing financial inclusion, a growing preference for Shariah-compliant savings instruments, and rising allocations from corporate entities and pension funds seeking ethical investment alternatives.
Commenting on the milestone, Chief Executive Officer Mohammad Shoaib, CFA, said the growth in AUM reflects investor confidence in Shariah-compliant investment structures and professional fund management practices. He stated that the company remains focused on long-term wealth creation through Islamic financial solutions, emphasizing disciplined investment processes and transparency.
Lucky Investments operates under a dedicated Shariah governance framework, with oversight provided by an independent Shariah advisor. The company’s board comprises experienced professionals from Pakistan’s financial sector, and its governance structure is aligned with regulatory requirements established by the Securities and Exchange Commission of Pakistan (SECP) for Islamic asset management companies.
Strengthening its industry standing, Lucky Investments was recently recognized as Emerging Islamic Finance Entity of the Year 2025 South Asia at the 10th Islamic Finance Forum of South Asia. The recognition reflects the company’s rapid rise within the regional Islamic finance ecosystem and its growing role in Pakistan’s capital markets.
Lucky Investments Limited is a group company of the Yunus Brothers (Lucky) Group, one of Pakistan’s largest conglomerates with diversified interests across cement, textiles, energy, and financial services. The group’s entry into Islamic asset management comes at a time when competition among asset management companies is intensifying to capture a growing pool of Shariah-compliant savings.
With Islamic banking and mutual funds continuing to gain market share in Pakistan’s financial system, the pace at which Lucky Investments has accumulated assets highlights both the sector’s momentum and the increasing role of Islamic asset managers in mobilizing domestic savings and supporting capital market development.
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