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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President Lauds Saudi Envoy for Strengthening Pak-Saudi Ties

Islamabad: President Asif Ali Zardari has appreciated the Saudi Ambassador to Pakistan, Nawaf bin Said Al-Malkiy, for strengthening the longstanding fraternal and strategic ties between Pakistan and Saudi Arabia. He was talking to the Ambassador, who ...