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NBP Islamic Daily Dividend Fund Maintains Stable Redemption Price

Karachi, The NBP Islamic Daily Dividend Fund, a key player in the Islamic finance sector since 2019, has set its redemption price at Rs 10, maintaining a steady position for investors seeking daily income. The fund’s offer price is listed at Rs 10.11, indicating a commitment to providing consistent returns under the principles of Islamic finance.

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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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