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Lakson Islamic Money Market Fund Shows Minimal Price Variation

Karachi, Newly listed in 2022, the Lakson Islamic Money Market Fund revealed a minor decline in its offer and redemption prices, recorded at 103.3 and 102.15 respectively. The fund did not make any distributions for June, consistent with the general trends observed in the Islamic finance sector.

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Power Cement Partners with Burj Solar for Wind Power Project in Karachi

Karachi, Power Cement Limited (PCL) has entered into a term sheet with Burj Solar (Private) Limited for the development and financing of a new wind power initiative. This project, aimed at reducing dependency on fossil fuels, will be established on th...