Mahaana Islamic Index ETF Marks Its Inaugural Year

Karachi, In its inaugural year, the Mahaana Islamic Index ETF (MIIETF) posted a daily weighted average rate of 10.63 and a fund size of Rs. 25 million. MIIETF, which began its journey in the stock market in 2024, witnessed a high of 10.15 and a low of 9.66, alongside a turnover of 3,158,000. As an Islamic Index ETF with a market lot of 500, it establishes its foothold in the financial markets of Pakistan with promising initial activity.