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Kashf Foundation Announces TFC Issue

Karachi: Kashf Foundation has issued a Term Finance Certificate, represented by the symbol KFTFC1. With a market lot of 1 and a face value of Rs. 1,000,000, this TFC runs for 4 years. Its profit rate is set at 3M KIBOR + 2.25%. The total issue size is Rs. 2,000,000,000, with the outstanding principal amounting to Rs. 666,666,660. The upcoming coupon date for this certificate is 30-Sep-2023.

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Pakistan Condemns Demolition of Century-Old Mosque in Saharanpur

Islamabad: Pakistan has strongly condemned the demolition of the century-old mosque in Saharanpur, India. Responding to media queries regarding reports of this incident, Foreign Office Spokesperson Sajjad Haider Khan stated that this action against a...