Headline: Bank Al Falah Limited Proposes 40% Dividend and 50% Bonus Share

Bank Al Falah Limited (BAFL) declared a 40% dividend and 50% bonus share for the term concluding in December (DEC), according to the reports submitted to the PSE. Closing at PKR 39.87, BAFL’s trade volume achieved a total of PKR 15,771.65 million. The bank, incorporated in 2004, witnessed a high and low share price of 43.58 and 27.6, respectively. It also declared an Initial cash dividend of 30%, and the total number of shares was listed as 398,724,671.