Karachi: Lucky Investments Limited has been awarded the AM1 rating, the highest Asset Manager Rating by the Pakistan Credit Rating Agency Limited (PACRA). This accomplishment marks a significant milestone for the company, which began its operations in April 2025, achieving this status in less than one and a half years.
According to Lucky Investments Limited, the AM1 rating is a testament to PACRA's highest opinion of an asset manager’s quality. It highlights the company's standards in governance, investment management, risk management, operational excellence, internal controls, financial strength, and institutional capability.
Achieving this rating within a short timeframe demonstrates Lucky Investments' disciplined strategy and its commitment to Shariah-compliant investing. The company has rapidly emerged as a leader in Pakistan's Islamic Asset Management sector, with PKR 126 billion in Assets Under Management. It has launched various mutual and pension funds, introduced a mobile application, and expanded its national presence to increase access to Shariah-compliant investment solutions.
Mohammad Shoaib, CFA, CEO of Lucky Investments Limited, commented on the achievement, emphasizing the trust placed in the company by its investors and stakeholders. He noted that the AM1 rating underscores their dedication to governance, fiduciary responsibility, investment excellence, and Shariah compliance. Shoaib highlighted the company's focus on delivering innovative investment solutions and contributing to the development of Pakistan's Islamic capital markets.
This recognition bolsters Lucky Investments' standing among the leading asset management companies in Pakistan, aligning with its vision to provide professionally managed, transparent, and Shariah-compliant investment opportunities to individuals and institutions across the nation.