Karachi, Since its inception in 2019, the JS Islamic Dedicated Equity Fund has maintained a steady position in the market. The fund's offer price stands at Rs 59.78 as of December 2023, with no distributions reported for the year ending in June 2023.
Read More »Kashf Foundation Debuts in Debt Market with Four-Year TFC
Karachi, Kashf Foundation has entered the debt market with the issuance of its first TFC, "KFTFC1," as per the details filed with the Pakistan Stock Exchange. The four-year TFC has a total issue size of Rs. 2 billion, with an outstanding principal amo...
Read More »NBP Islamic Mustahkam Fund – Fixed Term Munafa Plan II Active in Market
Karachi, The NBP Islamic Mustahkam Fund - Fixed Term Munafa Plan II, introduced in 2023, reported no distributions for 2023. The plan, whose financial year ends in June, continues to be a significant part of the Islamic mutual funds market.
Read More »Al Hamra Smart Portfolio Remains Steady with Offer Price of 112.91
Karachi, The Al Hamra Smart Portfolio, a branch of the Alhamra Islamic Active Allocation Fund and listed in 2021, reported an offer price of 112.91 as of June 2023. The fund, however, has not declared any distributions or redemption prices, maintainin...
Read More »Telecard Limited’s TFC Fulfills Debt Market Obligations
Karachi, Telecard Limited has successfully issued a 6-year Term Finance Certificate (TELETFC), according to its financial disclosure to the Pakistan Stock Exchange. The TFC, with a market lot of 1 and a face value of Rs. 5,000, has an interest rate of...
Read More »Hub Power Holdings Limited Secures Financing through Sukuk
Karachi, Hub Power Holdings Limited has solidified its financial base by issuing a 5-year Sukuk, HUBPHLSC, with a total size of Rs. 6 billion. This issuance, fully outstanding, is scheduled for the next coupon date on May 12, 2024. The security, with ...
Read More »Atlas Sovereign Fund Reports High Distribution Yield
Karachi, Listed in 2014, the Atlas Sovereign Fund has reported a significant 9.50% distribution yield for the year ending June 2023. With an offer price of Rs 112.01, the fund distributed Rs 4.75 per unit, highlighting its strong performance in the ma...
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