Mahaana Islamic Index ETF listed

KARACHI: The Pakistan Stock Exchange (PSX) on Tuesday announced the listing of the Mahaana Islamic Index Exchange Traded Fund (MIIETF) managed by Mahaana Wealth Ltd (MWL).

It is the second Islamic Equity ETF, allowing Sharia-conscious investors to invest in the top 30 most liquid Sharia-compliant companies. JS Global Capital has been appointed the authorised participant and market maker of the ETF.

Welcoming SECP Chairman Akif Saeed, Swedish Ambassador to Pakistan Henrik Persson...