Al Ameen Islamic Sovereign Fund Reports Steady Growth

Karachi, The Al Ameen Islamic Sovereign Fund, active since 2010, has declared its financial results for the year ending June 2023. The fund reported an offer price of Rs 106.38 and a redemption price of Rs 105.19. It declared distributions of 5.85% in 2021 and 3.05% in 2023, showcasing a steady performance over the past years.

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Pakistan Issues $3 Billion Dual-Tranche Eurobond

Islamabad: Pakistan has issued a three-billion-dollar dual tranche Eurobond. The positive development was shared by Finance Minister Muhammad Aurangzeb while speaking at the High-Level International Dialogue on Taxation for Fiscal Sustainability in Pa...