Lucky Investments Limited today announced the recent launch of the Lucky Islamic Dividend Yield Fund (LIDYF), an open-end Shariah-compliant equity fund designed to provide investors with competitive Halal returns through investments in dividend-yielding Shariah-compliant listed equities, while offering the potential for long-term capital appreciation.
The Fund has been designed to meet the growing demand for Shariah-compliant equity investments that generate sustainable dividend income under the guidance of professional portfolio managers and using prudent risk oversight. It primarily invests in high dividend-paying Shariah-compliant listed companies, aiming to deliver consistent income alongside long-term wealth creation.
The launch further strengthens Lucky Investments’ expanding portfolio of Islamic investment solutions, offering investors a wider range of products tailored to different financial goals and risk profiles. With the introduction of LIDYF, the Company now offers a comprehensive suite of Islamic mutual funds and pension funds covering liquidity management, fixed-term investments, regular income, equity growth, energy sector exposure, retirement planning, and dividend-focused investing.
Commenting on the launch, Mohammad Shoaib, CFA, Chief Executive Officer of Lucky Investments Limited, said: “Lucky Islamic Dividend Yield Fund reflects our commitment to provide investors innovative, professionally managed Shariah-compliant investment solutions. Dividend-paying equities have historically played an important role in long-term wealth creation, and this Fund enables investors to participate in quality businesses while seeking regular Halal income and capital appreciation through a disciplined investment approach.”
The Fund is particularly suited for investors seeking long-term capital growth, consistent dividend income, and enhanced portfolio diversification through investments in high-quality Shariah-compliant listed equities. Investors can conveniently subscribe through Lucky Investments’ nationwide network, digital investor portal, the Lucky Funds mobile application, and the Company’s authorized distribution partners.