The investment objective of Pak Oman Daily Dividend Fund is to meet liquidity needs of investors by providing investors, a daily payout through investment in Islamic Short-term instruments.
Type of Scheme
Nature of Scheme
Shariah Compliant Money Market
Three months average deposit rates of three (3) AA rated Islamic Banks/Islamic Windows of Conventional banks as selected by MUFAP (Benchmark is uniform for this category as per rules defined by MUFAP).
Al-Halal Shariah Advisor Pvt Ltd
Dealing Day/cut off time
Mon – Fri 9:00AM / 10:00 AM
Front end load
Back end load
0.1% to 1% of average annual net assets (Currently 0.15%)
Selling & Marketing Expenses
Upto 0.4% of Net Assets (Currently NIL)
Digital Custodian Company Limited (Formerly MCB Financial Services Limited).