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Karachi, The NIT – Islamic Equity Fund reported stable prices with both the offer and redemption prices pegged at 8.81 as of June 2023. The fund distributed Rs 0.50 per unit in 2022 but declared no distributions for 2023. First listed in 2015, the fund caters specifically to investors seeking Sharia-compliant investment opportunities.
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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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