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Alhamra Islamic Income Fund Announces Distributions for Two Fund Types

Karachi: The Alhamra Islamic Income Fund has reported its financial stance for June 2023, indicating a closure of both offer and redemption prices at PKR 0. However, the fund, listed in 2011, declared distributions of PKR 6.10 per unit for Type “A” and PKR 6.10 per unit for Type “B” for the fiscal year, with a redemption price of PKR 110 for its primary fund.

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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...