UBL Pakistan Enterprise ETF
Price
Rs39.88
YTD
+18.50%
Expense
1.50%
Yield
2.43%
MZNPE
MZNPETF PSX
Meezan Pakistan ETF · by Al Meezan Investment Management
Price
Rs18.81
YTD return
+12.50%
1Y return
25.31%
Expense ratio
1.50%
Dividend yield
11.19%
AUM
PKR 350M
Meezan Pakistan ETF (MZNPETF) is Pakistan's premier Shariah-compliant Exchange Traded Fund. Listed on PSX, it tracks the Meezan Pakistan Index and offers investors a halal investment option aligned with Islamic finance principles.
About Meezan Pakistan ETF
Meezan Pakistan ETF (MZNPETF) is a Shariah-compliant Exchange Traded Fund listed on the Pakistan Stock Exchange. It aims to track the Meezan Pakistan Index, offering investors exposure to Pakistan's top Shariah-compliant equities.
Shariah Compliance
MZNPETF strictly adheres to Islamic finance principles. All constituent stocks are screened for Shariah compliance by an independent Shariah Advisory Board. The fund avoids companies involved in conventional banking interest (riba), alcohol, gambling, and other prohibited activities.
Investment Strategy
The fund employs a passive management style, aiming to replicate the performance of the Meezan Pakistan Index. It holds approximately 15 Shariah-compliant stocks selected from the KSE-100 universe.
Key Features
- Shariah-compliant investment — vetted by Shariah Advisory Board
- High dividend yield (~11.19%)
- Managed by Al Meezan Investment Management
- Passively tracks Meezan Pakistan Index
- 52-week range: PKR 14.56 – PKR 21.80
Top holdings
Every holding links to its own page with a live price and the full list of funds that own it.
| # | Holding | Ticker | Sector | Weight | Price |
|---|---|---|---|---|---|
| 1 | Meezan Bank | MEBL | — | 15.00% | Rs565.46 0.80% |
| 2 | Habib Bank Ltd | HBL | — | 12.00% | Rs313.68 -0.16% |
| 3 | Lucky Cement | LUCK | — | 10.00% | Rs433.12 0.42% |
| 4 | Engro Corp | ENGRO | — | 9.00% | — |
| 5 | Systems Limited | SYS | — | 8.50% | — |
| 6 | United Bank Ltd | UBL | — | 8.00% | Rs440.83 -0.54% |
| 7 | Fauji Fertilizer | FFC | — | 7.50% | Rs548.11 -0.10% |
| 8 | Hub Power | HUBC | — | 7.00% | Rs207.44 0.35% |
| 9 | MCB Bank Ltd | MCB | — | 6.50% | Rs399.58 0.34% |
| 10 | Bank Alfalah | BAFL | — | 5.50% | Rs56.24 -0.28% |
Frequently asked questions
Is MZNPETF Shariah-compliant?
Yes, MZNPETF is fully Shariah-compliant. All constituent stocks are screened by an independent Shariah Advisory Board.
What is the dividend yield of MZNPETF?
MZNPETF offers one of the highest dividend yields among Pakistan ETFs at approximately 11.19%.
What index does MZNPETF track?
MZNPETF tracks the Meezan Pakistan Index, which comprises top Shariah-compliant equities from KSE-100.
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Community
MZNPETF discussion
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