NBP Islamic Sarmaya Izafa Fund Delivers Strong Distribution Figures

Karachi: The NBP Islamic Sarmaya Izafa Fund, with a year of listing in 2007, reported a notable distribution rate of 17.32% for the period ending June 2023. The fund’s offer price stood at PKR 19.13, while the redemption price was reported at PKR 18.5. There were no distributions reported for the previous book closure.

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President Gives Assent to OGRA Amendment Ordinance 2026

Islamabad: President Asif Ali Zardari has given assent to the Oil and Gas Regulatory Authority (OGRA) Amendment Ordinance 2026. The President, on the advice of the Prime Minister, issued an ordinance related to the amendments in clause 2 and 3 of the ...