Karachi: Pak-Qatar Asset Management Company Limited (PQAMC) has been upgraded to an AM2 rating with a Positive Outlook by the Pakistan Credit Rating Agency (PACRA). This recognition highlights the company’s consistent growth and strong performance in Islamic fund management.
PQAMC’s upgrade is attributed to its robust governance framework and disciplined investment approach, which have fueled its continued expansion within Pakistan’s Islamic asset management sector. In the fiscal year 2025, the company reported a significant 117% year-on-year increase in Assets Under Management (AUMs), cementing its status as a fast-growing entity in the market.
The company’s flagship product, the Pak-Qatar Income Plan (PQMIP), has also seen its rating upgraded from A+ to AA- by PACRA. The plan has recorded dividends and annualized yields exceeding 20% in several months during the fiscal year 2024-25.
Farhan Shaukat, Chief Executive Officer of PQAMC, stated that the upgraded outlook and impressive growth underscore the team’s commitment to excellence and the trust of investors. The company is focused on delivering sustainable, Shariah-compliant investment opportunities based on transparency and ethical wealth creation.
As part of the Pak-Qatar Group, a leader in Islamic financial services in Pakistan, PQAMC offers a range of Shariah-compliant funds and investment plans. These include Equity, Income, Money Market, and Asset Allocation Funds, all of which maintain strong PACRA ratings and stable performance records.
PQAMC is dedicated to strengthening its market position by broadening investor access to ethical investment opportunities and supporting the long-term development of Pakistan’s Islamic financial landscape.