The main objective of the AISF is to provide an outlet to investors who want Riba-free returns. The Fund has been formed to enable Unit Holders to participate in a diversified professionally managed investment portfolio of Shariah Compliant securities, such as equities, profit bearing securities, and other Shariah Compliant instruments including Shariah Compliant securities available outside Pakistan. The Management Company will manage the Fund with the objective of maximizing Unit Holders’ returns on their Investments while at all times observing prudent Investment practices, the highest professional standards, all applicable laws, and the Islamic Shariah as advised by the Shariah Board.

The Fund will invest in a diversified portfolio of Shariah-Compliant securities and Islamic modes of instruments, in Pakistan as well as internationally (upto 30% of its net assets subject to a cap of US $15 million) with a view to optimise returns balanced with risk. The Shariah Board shall advise the Management Company on Shariah compliance. AAML shall, in consultation with well-known Shariah experts lay down the criteria for Shariah compliance to be called the Shariah Code and shall comply with the Shariah Code in making Investments for the Trust.