Business & Finance News

Karachi: The Meezan Islamic Income Fund (MIIF) has recorded a significant annual return of 20.94% for the fiscal year ended June 30, 2024, primarily driven by profits on Sukuk and Islamic bank deposits. According to the fund's latest report, the MIIF,...

Karachi: The Meezan Gold Fund (MGF), which aims to provide investors with Shariah-compliant returns through investments in physical gold, has shown notable performance in its fiscal year ending June 2024, according to details revealed in its latest re...

Karachi: Ghani Global Holdings has reported a profit of Rs. 145 million for the year 2024, according to its latest performance review. The company, a leader in specialized pharmaceutical glass manufacturing, attributes this success to optimal plant ca...

Karachi: Telecard Limited has reported its financial results for the fiscal year ending June 30, 2024, highlighting a significant increase in net revenue and operating profit, though no dividends will be issued to shareholders for this period. In it...

Karachi: The Meezan Rozana Amdani Fund (MRAF), primarily focused on Shariah-compliant money market and Islamic bonds investments, reported a robust return of 21.50% for the fiscal year ended June 30, 2024. According to information available from the P...

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Karachi: In a recent development, BMA Capital Management Limited has announced the permanent closure of its branch office located at Karachi. The office will cease operations from Thursday, December 26, 2024. The closure notice, which was mandated b...

Karachi: Pakistan Stock Exchange (PSX) has issued a notification to all Trading Right Entitlement Certificate (TREC) Holders regarding the upcoming publication of the PSX Diary for the calendar year 2025. This essential publication serves as a compreh...