NIT – Islamic Income Fund: A Shariah-Compliant Investment Avenue

Karachi, The NIT – Islamic Income Fund, established in 2019, serves as a Shariah-compliant investment avenue. The fund focuses on Islamic fixed-income securities, maintaining a stable redemption price and offering no specific distributions, reflecting its commitment to Islamic finance principles.

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Pakistan Issues $3 Billion Dual-Tranche Eurobond

Islamabad: Pakistan has issued a three-billion-dollar dual tranche Eurobond. The positive development was shared by Finance Minister Muhammad Aurangzeb while speaking at the High-Level International Dialogue on Taxation for Fiscal Sustainability in Pa...