NBP Islamic Savings Fund Delivers 4.93% Distribution for 2022

Karachi, The NBP Islamic Savings Fund has declared a 4.93% distribution for the fiscal year ending in June 2022. With an offer price of 9.91 and a redemption price of 9.59, the fund, listed since 2007, has not announced any distributions for 2023 and 2024. This announcement is part of the fund’s commitment to providing its investors with regular financial updates and insights into its performance.

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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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