ISLAMABAD: Lucky Investments Limited has announced the launch of the Lucky Islamic Energy Fund (LIEF), a Shariah-compliant, sector-focused equity fund aimed at providing investors with ethical exposure to Pakistan’s growing energy sector.
The launch comes at a time when Pakistan’s energy sector is undergoing gradual reforms driven by rising demand, supportive policy initiatives, efficiency improvements, and an increasing shift toward renewable and sustainable energy sources. The fund will primarily invest in Shariah-compliant listed companies operating across the energy value chain, including exploration and production, refining, power generation, and renewable energy, with the objective of achieving long-term capital growth.
With this launch, Lucky Investments continues to expand its range of Islamic investment products while contributing to the development of Pakistan’s Islamic capital markets. The company currently manages assets under management (AUMs) of over Rs 130 billion, making it the fastest-growing asset management company (AMC) in Pakistan in 2025.
Commenting on the launch, Mohammad Shoaib, CFA, Chief Executive Officer of Lucky Investments Limited, said that the energy sector remains central to Pakistan’s economic recovery and long-term sustainability. He added that the Lucky Islamic Energy Fund provides investors with a focused and Shariah-compliant avenue to participate in this critical sector while aligning their investments with faith-based values.
The Lucky Islamic Energy Fund is an open-end Shariah-compliant sector equity fund benchmarked against the KMI-30 Index. It is classified as a high-risk fund and is suitable for investors with a long-term investment horizon. The fund offers flexibility, with no minimum holding period and no redemption penalty.
All investments under the fund will be made under the supervision of Mufti Muhammad Hassaan Kaleem, Shariah Advisor to Lucky Investments, ensuring continuous compliance with Islamic principles within a strong governance and risk management framework. The launch of LIEF highlights Lucky Investments’ commitment to channeling capital into priority sectors of the economy through responsible and Shariah-aligned investment solutions.