Islamic mutual fund profit rates (October 2026)

Mutual funds do not pay a fixed profit rate like a bank deposit. What is quoted as a fund’s profit rate is its recent return expressed as a yearly rate. On this page, the 30-day annualised return is the fund’s total return over its last 30 days, payouts included, multiplied by 365/30. It changes every day with the fund’s NAV.

No. Money market and income funds aim for steady returns, but their rates move with the profit rates in the economy, especially the State Bank of Pakistan policy rate, and with the instruments each fund holds. The past 30 days do not promise the next 30. Only funds explicitly offering a fixed return, such as some fixed-term plans, target a set rate, and even those are not bank deposits.

Each table on this page is sorted by 30-day annualised return, so the first row shows the highest recent rate in that category. The order can change week to week, so also look at the 1-year return, which smooths out short-term swings.

The 30-day annualised rate shows what the fund has been earning recently, scaled to a year. The 1-year return is what an investor actually earned over the last twelve months, with payouts reinvested. When profit rates in the economy are falling, the 30-day rate is usually lower than the 1-year return, and the reverse when they are rising.

Before tax and sales loads. Management fees are already reflected in the NAV. Payouts and capital gains from mutual funds are taxed, and the rate depends on your tax filer status and current law, so check the latest rules or ask a tax adviser.

A savings account pays a profit rate set by the bank, while a money market fund’s return comes from the Shariah-compliant instruments it holds, such as short-term sukuk and Islamic bank placements, minus its fees. Fund returns are published daily through NAV, so you can see exactly what was earned.