Karachi: Meezan Cash Fund (MCF) has reported a positive return of 21.22 percent for its investors for the year ended June 30, 2024. The fund, which primarily invests in Shariah-compliant money market instruments and Islamic bonds (Sukuks), has demonst...
Read More »MCB Investment Management Announces Interim Dividend for ALHAMRA WADA PLAN XI
Karachi: MCB Investment Management Limited has declared an interim dividend payout for ALHAMRA WADA PLAN XI, as communicated to the Pakistan Stock Exchange on October 10, 2024. According to information available from the Pakistan Stock Exchange (PSX),...
Read More »Meezan Pakistan ETF Outshines with 85.78% Returns, Overhauling Asset Allocation for FY24
Karachi: Meezan Pakistan Exchange Traded Fund (MZNP-ETF), operating as an open end Shariah Compliant Exchange Traded Scheme, has recorded an impressive annual growth, with its Net Asset Value surging by 73.48% from 7.81 to 13.52 points as of June 30, ...
Read More »Meezan Strategic Allocation Fund Posts Varied Performance Across Plans
Karachi: The Meezan Strategic Allocation Fund (MSAF), a Shariah Compliant fund of funds scheme, reported mixed financial results for its five investment plans as of June 30, 2024. The fund, aiming to generate returns through diversified allocation in ...
Read More »Mari Petroleum Executives Actively Purchase Company Shares in October Transactions
Karachi: In a recent communication with the Pakistan Stock Exchange (PSX), Mari Petroleum Company Limited disclosed that several of its executives have engaged in substantial share purchases throughout October 2024, showcasing a robust internal invest...
Read More »Lalpir Power Limited Schedules Extraordinary General Meeting for November 14
Karachi: Lalpir Power Limited has announced an Extraordinary General Meeting (EOGM) to be held on November 14, 2024, at Karachi. The company earlier communicated via a letter dated October 9, 2024, about the upcoming EOGM which has now been schedule...
Read More »KSE Meezan Index Fund Reports Strong Annual Performance and Effective Asset Allocation
Karachi: The KSE Meezan Index Fund (KMIF), an open-end index tracker fund, has reported a robust performance for the fiscal year 2024, achieving a return of 75.02%, significantly outpacing its benchmark, the KSE Meezan Index (KMI-30), which increased ...
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