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Alhamra Islamic Income Fund – Type “B” Declares Distributions

Karachi, Alhamra Islamic Income Fund – Type “B” closed its financial year in June with no activity in terms of offer and redemption prices. The fund declared distributions of Rs 6.10 per unit for 2021 and Rs 4.9522 per unit for 2022. Since 2011, the fund has been operating under Islamic financial principles.

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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...