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HBL Islamic Asset Allocation Fund Declares Distribution for 2023

Karachi, HBL Islamic Asset Allocation Fund, listed in 2016, has released its financial details for the fiscal year 2023. The fund’s offer price was 140.43, with a redemption price of 137.33. It declared a distribution of 7.00% for the year, amounting to Rs 0.30 per unit. This follows the fund’s history of regular distributions since its listing.

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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...