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Karachi, The NAFA Islamic Active Allocation Fund has expanded its suite of investment options with the introduction of several plans, catering to a variety of investor needs. This includes the NAFA Islamic Active Allocation Plan-VIII, with a notable redemption price of Rs 114.14, and capital preservation plans I and II, priced at Rs 11.13 and Rs 10 respectively for redemption. Established in 2017, these plans are designed to provide Islamic finance options that align with investors’ risk and return preferences.
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PSX Issues Buy-Back Directive for Three Companies Over Regulatory Non-Compliance
Karachi: The Pakistan Stock Exchange (PSX) has issued a compulsory buy-back directive to the sponsors and majority shareholders of three companies, following their continued failure to comply with specific financial regulations. The companies have bee...
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