The fund aims to deliver competitive equity-market returns with the widest practical coverage of the broader Islamic index at the lowest possible cost, by holding the MII30's 30 Shariah-compliant constituents.
Mahaana Islamic Index Exchange Traded Fund — MIIETF
Exchange-traded fund listed on the Pakistan Stock Exchange — managed by Mahaana Wealth Limited.
⚠ Prices: 10 Nov 2026 — PSX end-of-day close (feed fetched 17:14 PKT) · Fundamentals: public data collected 6 Nov 2026 · Not live prices.| Price (Rs) | Change | Volume | Open | High | Low | Prev close |
|---|---|---|---|---|---|---|
| 16.72 | +2.58% | 1,070,500 | 16.36 | 16.75 | 16.36 | 16.30 |
Fund facts
| Fund manager | Mahaana Wealth Limited |
| Category | Shariah-compliant equity index ETF |
| Benchmark index | Mahaana Islamic Index (MII30) |
| Launched | 11 March 2024 |
| Total expense ratio | 1.15% (as published June 2026) |
| Fund size | PKR 1,985.0 million (as at June 2026) |
What it holds
| # | Holding | Weight |
|---|---|---|
| 1 | Fauji Fertilizer Company Limited | 16.51% |
| 2 | Engro Holdings Limited | 7.29% |
| 3 | The Hub Power Company Limited | 7.15% |
| 4 | Meezan Bank Limited | 7.12% |
| 5 | Lucky Cement Limited | 6.80% |
| 6 | Oil & Gas Development Company Limited | 6.54% |
| 7 | Mari Energies Limited | 6.45% |
| 8 | Pakistan Petroleum Limited | 5.46% |
| 9 | Systems Limited | 4.78% |
| 10 | Engro Fertilizers Limited | 4.56% |
Top 10 holdings from Mahaana Wealth's June 2026 Fund Manager Report (% of total assets) — the newest edition the manager has published; the fund was fully invested in equities that month.
Prices, change and volume are the 10 Nov 2026 end-of-day close from the official PSX market-summary feed — delayed figures, not live prices — and refresh with the site's daily price update. Fund facts and holdings are as published by the fund manager: Source 1. Figures carry the dates shown; a fund's portfolio changes over time.
This fund's record on the PSX data portal. All PSX ETFs: the full list · ACIETF · HBLTETF · JSGBETF · JSMFETF · MZNPETF · NBPGETF · NITGETF · UBLPETF
This page is educational and is not investment advice; an ETF's value rises and falls with what it holds.