Popular Islamic Modaraba Issues New Certificates Boosting Paid-up Capital

Karachi: Popular Islamic Modaraba has successfully increased its paid-up capital through the issuance of 6 million new Modaraba certificates, according to a statement issued on October 14, 2024. This strategic financial maneuver was executed to conver...

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Meezan Rozana Amdani Fund Achieves Notable Performance in Fiscal Year FY24

Karachi: The Meezan Rozana Amdani Fund (MRAF), primarily focused on Shariah-compliant money market and Islamic bonds investments, reported a robust return of 21.50% for the fiscal year ended June 30, 2024. According to information available from the P...

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