NAFA Islamic Active Allocation Fund – II Balances Performance and Distributions

Karachi, Listed in 2017, NAFA Islamic Active Allocation Fund – II and its various plans have demonstrated a balanced performance for the year ending June 2024. The fund itself reported no distributions but a 1.618% distribution for 2023. Its allocation plans, including VI, VII, VIII, and two capital preservation plans, have maintained consistent prices with no distributions reported for 2024.

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Pakistan Issues $3 Billion Dual-Tranche Eurobond

Islamabad: Pakistan has issued a three-billion-dollar dual tranche Eurobond. The positive development was shared by Finance Minister Muhammad Aurangzeb while speaking at the High-Level International Dialogue on Taxation for Fiscal Sustainability in Pa...