Karachi: The Pakistan Credit Rating Agency Limited (PACRA) has affirmed the stability rating of the Pak Qatar Monthly Income Plan under the Pak Qatar Islamic Income Fund. This medium-risk investment solution, which adheres to Shariah principles, is structured to deliver stable monthly dividends to corporate and high-net-worth investors.

The Pak Qatar Monthly Income Plan leverages a combination of duration management and strict Shariah compliance to appeal to sophisticated investors seeking regular income within an Islamic framework. As of March 2025, the Plan reported Assets Under Management (AUM) of PKR 1.02 billion, underscoring its niche role in Pakistan's Islamic institutional investment sector.

The strategic allocation of the Plan's assets includes 37% in bank deposits, 31% in Corporate Sukuks, and 30% in Government Sukuks. This disciplined approach aims to optimize yields while ensuring liquidity.

The Plan's credit quality is characterized by 30% of its portfolio in AAA rated government instruments, providing stability. Additionally, 51% is allocated to A+ rated avenues, and 10% to AA+ rated avenues to enhance yields.

With a Weighted Average Maturity (WAM) of 654 days, approximately 1.8 years, as of March 2025, the Plan maintains an intermediate duration profile. This positioning allows it to be responsive to rate movements while ensuring liquidity through its 37% bank deposit allocation.

Any significant changes in the investment policy or the rating criteria could impact the Plan's ratings in the future.