NBP Islamic Fund Series: Redemption Prices and Distributions

Karachi, Details from the PSE have revealed the redemption prices for the NBP Islamic Fund series for the year ending in June 2023.

The NBP Islamic Daily Dividend Fund, listed in 2019, has set its redemption price at 10. No distributions were mentioned for this fund.

The NBP Islamic Energy Fund, which was listed in 2016, is priced at 11.38 for redemption. It announced a distribution rate of 8.31% for the year ending June, although no specific monetary value was provided for 2023.

Lastly, the NBP Islamic Income Fund, listed in 2020, has its redemption price at 10.74. No distributions details were disclosed for this fund.