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Karachi, The NBP Islamic Stock Fund announced a notable 21.10% distribution rate for the fiscal year ending June 2022, with an offer price of 16.49 and a redemption price of 15.95. Launched in 2014, the fund aims to provide Shariah-compliant growth opportunities in the stock market, emphasizing investments in Islamic equities. Despite its significant distribution rate, the fund reported no specific per unit distribution for the year.
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PSX Issues Buy-Back Directive for Three Companies Over Regulatory Non-Compliance
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