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Financial Performance of NAFA Islamic Active Allocation Fund – I and its Plans

Karachi: NAFA Islamic Active Allocation Fund – I, along with its various plans, presented their financial standings as of June. The main fund reported no distributions for 2021 and 2023, with a previous book closure date of 29-06-2022. The Plan-I reported a 4.92% distribution for 2021, with a redemption price of 131 and an offer price of 0. The Plan-II reported a 9.35% distribution for 2021, with a redemption price of 131.56 and an offer price of 0. The Plan-III reported a 2.94% distribution for 2021, with a redemption price of 122.03 and an offer price of 0. All these plans have been listed since 2016.

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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...