KARACHI, April 21: The Meezan Islamic Fund earned net income of Rs566 million during July-March 2004-05 up from Rs220m it had earned in a little less than first eight months of its inception — between August 8, 2003 and March 31, 2004. The net assets of the Fund stood at Rs1.863 billion at end-March this year up from Rs1.311 billion at end-June last year, says a press release. The net asset value per unit of the Fund was Rs77.28 as on March 31, 2005.
