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Karachi: The Askari Islamic Asset Allocation Fund, established in 2007, has sustained its market presence. However, specific details regarding offer and redemption prices or distributions were not disclosed for the year.

Karachi: Askari Bank Limited has introduced a perpetual TFC, AKBLTFC6, with a market lot of Rs. 1,000,000. The debt security is pegged to a profit rate of 6M KIBOR + 1.5%. It has a total issue size of Rs. 6,000,000,000, equal to the outstanding princi...

Karachi: Treet Corporation Limited has announced the commencement date for its rights issue trading as the 24th of November, 2023. The deadline for the trading of these rights is slated for the 15th of December, 2023, with the last date for the paymen...

Karachi: TPL Corp Limited has announced the issuance of two Sukuks, TPLSC and TPLTFC3, each with a market lot of 1 and a face value of PKR 100,000. The TPLSC is a 5-year Sukuk with a profit rate of 3-month KIBOR plus 2.25%, with both the total issue s...

Karachi: The ABL Islamic Asset Allocation Fund, listed in 2018, reported its financial figures for the year ending June 2023. The fund's offer price was 11.04, with a redemption price of 10.67. The previous book closure date was June 27, 2022. No dist...

Karachi: JS Bank Limited has listed a perpetual Tier-I TFC, JSBLTFC2, with a market lot of Rs. 100,000. This debt security offers a profit rate tied to 6M KIBOR + 2.25%. It has a total issue size of Rs. 2,500,000,000, which is also the total outstandi...

Karachi: Summit Bank Limited has floated a seven-year term finance certificate (TFC), SMBLTFC, with a market lot of Rs. 5,000. This debt security offers a profit rate tied to 6M KIBOR + 3.25%. The total issue size is Rs. 1,500,000,000, with nearly the...