Lucky Investments Limited has launched the Lucky Islamic Energy Fund (LIEF), a Shariah-compliant, sector-focused equity fund aimed at providing investors with ethical exposure to Pakistan’s expanding energy sector. The fund is designed to capitalize on long-term opportunities arising from structural reforms, rising energy demand, efficiency improvements, and a growing shift toward renewable and sustainable energy sources.

According to the company, LIEF will primarily invest in Shariah-compliant listed companies across exploration and production, refining, power generation, and renewable energy segments, with the objective of achieving long-term capital appreciation. The fund is benchmarked against the KMI-30 Index and is classified as a high-risk investment, suitable for investors with a long-term horizon, while offering flexibility through no minimum holding period or redemption penalty.

Chief Executive Officer Mohammad Shoaib, CFA, said the energy sector remains central to Pakistan’s economic revival and long-term sustainability, adding that LIEF enables investors to participate in this critical sector while aligning investments with Islamic values. All investments will be made under the supervision of Mufti Muhammad Hassaan Kaleem to ensure continuous Shariah compliance within a strong governance framework.

The launch further strengthens Lucky Investments’ Islamic product suite, with the company’s assets under management now exceeding Rs130 billion, positioning it among the fastest-growing asset management companies in Pakistan in 2025.