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ABL Islamic Asset Allocation Fund Maintains Status Quo

Karachi, The ABL Islamic Asset Allocation Fund, listed in 2018, presented its financial figures for the year. As of June 2023, the fund’s offer price was Rs 11.04, and the redemption price was Rs 10.67. Notably, the fund did not declare any distributions for the current year, maintaining its performance level from the previous year. The last book closure date was June 27, 2022. This approach reflects a cautious strategy in the volatile market.

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Aurangzeb Engages with U.S. Development Finance Corporation for Enhanced Sectoral Projects

Islamabad: Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, engaged with representatives of the U.S. International Development Finance Corporation in Washington, D.C. This meeting aimed to seek expedited support for priority priva...