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BankIslami Announces Book Closure for Monthly Profit Payment

Karachi, BankIslami Pakistan Limited has announced a book closure for its Ehad Sukuk II (BIPLSC2) regarding the upcoming monthly profit payment. The notice has been published in “The Nation” in English and “Daily Nawa-i-Waqt” in Urdu, both on April 19, 2024. The book closure period is a routine financial procedure to facilitate the distribution of profits to the TRE Certificate Holders of the Exchange.

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PSX Issues Buy-Back Directive for Three Companies Over Regulatory Non-Compliance

Karachi: The Pakistan Stock Exchange (PSX) has issued a compulsory buy-back directive to the sponsors and majority shareholders of three companies, following their continued failure to comply with specific financial regulations. The companies have bee...

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