AsiaNet-Pakistan Premier Editorial Content and Press Release Distribution Service
Karachi: The Pakistan Credit Rating Agency Limited (PACRA) has upheld the stability rating for the Pak Qatar Income Plan, part of the Pak Qatar Islamic Income Fund. The plan, aimed at corporate and high net worth investors, offers a low-risk profile with a focus on long-term wealth generation and capital gains through medium to long-term income instruments and short-tenor money market instruments.
As of March 2025, the Pak Qatar Income Plan reported assets under management totaling PKR 12.0 billion, underscoring its prominence in Pakistan’s Islamic institutional investment sector. The plan’s asset allocation includes 52% in government securities, 30% in bank deposits, and 17% in corporate Sukuks. This reflects a balanced strategy for yield curve positioning and liquidity management within a Shariah-compliant framework.
The credit quality of the Pak Qatar Income Plan is supported by an investment of 54% in AAA-rated instruments and 31% in A+ rated avenues. This allocation is designed to enhance yields while adhering to core Shariah-compliant quality standards, with government securities serving as a foundational element.
The plan’s weighted average maturity stands at 1,461 days, or approximately four years, as of March 2025. This extended duration profile exposes the plan to interest rate risk, which is mitigated by its significant allocation in government securities and a liquidity buffer in bank deposits.
Any substantial modifications in investment policy or the criteria used for rating evaluation could affect the current rating standing of the Pak Qatar Income Plan.