Business

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Pak Qatar Daily Dividend Plan Holds Steady in Market, Retains Stability Rating

Karachi, The Pak Qatar Islamic Cash Fund continues to show robust performance, particularly through its Pak Qatar Daily Dividend Plan (PQDDP). Focused on delivering competitive returns with daily dividends, PQDDP has maintained its stability rating whi...

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Mughal Energy Limited Progresses on 36.5MW Hybrid Power Plant, Receives Stable Ratings from PACRA

Lahore, Mughal Energy Limited (MEL), a subsidiary of Mughal Iron & Steel Industries Limited (MISIL), is making significant strides in the energy sector with its ongoing project to install a 36.5MW hybrid capt...

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PACRA Maintains Stable IFS Rating for Habib Insurance Amidst Industry Challenges

Karachi, The Pakistan Credit Rating Agency Limited (PACRA) has maintained its IFS rating of Habib Insurance Company Limited, reflecting the company's stable position in the general insurance industry. The industry as a whole has seen significant growth...

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VIS Credit Rating Reaffirms High Ratings for Sui Northern Gas Pipelines Limited

Karachi, VIS Credit Rating Company Limited has reaffirmed the entity ratings of Sui Northern Gas Pipelines Limited (SNGPL) at 'AA+/A-1+' (Double A Plus/A- One Plus), indicating high credit quality and strong protection factors. The outlook on the assig...

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Pak Qatar Asan Munafa Plan Maintains Stability under Pak Qatar Islamic Cash Fund, Reports PACRA

Karachi, The Pak Qatar Asan Munafa Plan (PQAMP), a key initiative under the Pak Qatar Islamic Cash Fund, continues to demonstrate stability and sound performance in the financial market. The Plan, tailored for retail investors with short-term liquidity...

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Hub Power Holdings Limited Maintains Strong Position in Energy Sector with Expanding Portfolio

Karachi, Hub Power Holdings Limited, a subsidiary of The Hub Power Company Limited (HUBCO), continues to strengthen its position in Pakistan's energy sector. The company's focus on expanding energy generation capacity through indigenous resources and s...

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Pak Qatar Income Plan Holds Steady with Enhanced AUM and Stable Ratings

Karachi, The Pak Qatar Islamic Income Fund, catering to a medium-risk profile and focused on Shariah-compliant investments, has maintained a stable rating for its Pak Qatar Income Plan (PQIP). The Plan is specifically designed for corporate and high ne...

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