Al Ameen Islamic Cash Fund Posts Marginal Gain in Distribution to 4.71%

Karachi: The Al Ameen Islamic Cash Fund, with an offer and redemption price both at PKR 100.52, marked a slight increase in distribution from 5.38% in the previous year to 4.71% for the fiscal year ending in June 2023. A minimal distribution of 0.02% was also reported. Active since 2012, the fund focuses on providing its investors with highly liquid, low-risk Shariah-compliant income avenues.

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President Zardari Extends Felicitations to South Korea on National Liberation Day

Islamabad: President Asif Ali Zardari has extended felicitations to the President of the Republic of Korea, Lee Jae Myung, the Government and its people on their National Liberation Day. In his letter, the President highlighted that Pakistan attaches ...