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ABL Islamic Income Fund Announces Distribution of 4.20%

Karachi: The ABL Islamic Income Fund, with a focus on Shariah-compliant income strategies, reported a distribution of 4.20%, equivalent to Re 0.2970 per unit for the year. The fund showcased an offer price of PKR 11.13 and a redemption price of PKR 10.94. The financial year concluded in June, and the last book closure date was recorded as 27-06-2022. Since its listing in 2010, the ABL Islamic Income Fund has been committed to delivering consistent returns to its investors.

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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...