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HBL Islamic Money Market Fund Marks Steady Growth

Karachi, The HBL Islamic Money Market Fund, operating since 2011, marked steady growth with a June 2023 redemption price of PKR 101.17. The fund distributed 4.20% in the same year, amounting to Rs 4.20 per unit, demonstrating its stable performance in the Islamic money market.

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Spain Denies Entry to Ship Carrying Explosives from India to Israel

Madrid, Spain has blocked a Denmark-flagged ship loaded with nearly 27 tonnes of explosive materials from docking at its ports. The vessel, which originated from Chennai, India, was en route to Haifa, Israel, but was denied entry as part of Spain's br...