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Al Ameen Islamic Financial Planning Fund II Sees Varied Distribution Rates

Karachi: The Al Ameen Islamic Financial Planning Fund II, an open-end mutual fund listed in 2017, reported distribution rates ranging from 0.20% to “1.4304% and 0.3137%” for the fiscal year ending June 2023. The fund, which has multiple active allocation plans under its umbrella, did not disclose an offer or redemption price for the main fund itself.

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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...