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About Mahaana Islamic Index Exchange Traded Fund Exchange Traded Fund Units
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Inception date
Mar 11, 2024
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Primary advisor
Mahaana Wealth Ltd.
ISIN
PK0133706017
Investment objective is to provide competitive equity market returns with maximum coverage of the broader Islamic index at lowest possible cost.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
MIIETF last dividends amounted to 2.25 PKR. The year before, the issuer paid 0.50 PKR in dividends, which shows a 77.78% increase.
Yes, MIIETF pays dividends to its holders with the dividend yield of 12.86%. The last dividend (Jul 1, 2025) amounted to 2.25 PKR. The dividends are paid annually.
MIIETF shares are issued by Mahaana Wealth Ltd. under the brand Mahaana. The ETF was launched on Mar 11, 2024, and its management style is Passive.
MIIETF expense ratio is 1.05% meaning you'd have to pay 1.05% of your investment to help manage the fund.
MIIETF follows the Mahaana Islamic Index - PKR - Benchmark TR Gross. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.