Habib Bank Limited Consolidates Perpetual Tier-I Capital with TFC Issuance

Karachi, (PPI Bot): Habib Bank Limited continues to solidify its Tier-I capital through Perpetual TFCs, HBLTFC3, with a face value of Rs. 100,000 per certificate. The total issued and outstanding principal amount is Rs. 6,500,000,000. The bank has sch...

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JS Islamic Hybrid Fund of Funds Mufeed, Mustanad, Mustehkam, and Mutanasib Maintain Status Quo

Karachi, (PPI Bot): Introduced in 2018, the JS Islamic Hybrid Fund of Funds Mufeed, Mustanad, Mustehkam, and Mutanasib maintained an offer price ranging from PKR 45.76 to PKR 91.18 as of June 2023. All these funds did not announce any distributions fo...

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Meezan Pakistan ETF Announces Distributions Amid Positive Market Sentiment

Karachi, (PPI Bot): Meezan Pakistan ETF (MZNPETF) has announced a distribution of 12.5% (I), showing a rate of Rs. 11.40 and a daily weighted average rate of Rs. 11.34. With a fund size of Rs. 70.344 million, the ETF has been well-received since its l...

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