AL Habib Islamic Stock Fund Reports No Distributions for 2023

Karachi: In today’s financial reporting from the Pakistan Stock Exchange, the AL Habib Islamic Stock Fund, part of the open-end mutual funds category, shared its trading figures. The fund reported an offer price of Rs. 82.89 and a redemption price of Rs. 81.27, with the financial year ending in June. There were no distributions noted for 2021, 2022, or 2023. The fund has been a consistent presence in the market since its listing in 2012.

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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...