Karachi: AL Habib Islamic Income Fund, listed since 2017, reported an offer price of Rs. 102.71 and a redemption price of Rs. 101.69 as of November 10, 2023. The fund, ending its financial year in June, offers a Shariah-compliant income option for inv...
Read More »Hala Enterprises Ltd. Reports No Distributions in 2023
Karachi: Hala Enterprises Ltd. (HAEL), listed since 1991, closed at Rs. 17.85. The company reported no distributions for the years 2021, 2022, and 2023. With a paid-up capital of Rs. 2,974 million, HAEL's daily weighted average rate was Rs. 20.99, sho...
Read More »Askari Sovereign Cash Fund Records Consistent Performance on Pakistan Stock Exchange
Karachi: Askari Sovereign Cash Fund, operational since 2009, reported both an offer and redemption price of Rs. 100.98 as of November 10, 2023. The fund, with a financial year ending in June, distributed "Rs 4.2976 per unit" to its investors, offering...
Read More »Ahmad Hassan Textile Mills Limited Shows Notable Performance on PSE
Karachi: Ahmad Hassan Textile Mills Limited, trading as AHTM, exhibited a closing rate of Rs. 45.56 on the Pakistan Stock Exchange as of November 10, 2023. The company, with a June financial year-end, declared distributions of 20.5% in 2021, 22.50% in...
Read More »Al Meezan Mutual Fund Shows Consistent Performance on Pakistan Stock Exchange
Karachi: Al Meezan Mutual Fund, operational since 2011, reported an offer price of Rs. 20.8 and a redemption price of Rs. 20.34 as of November 10, 2023. The fund, with a June financial year-end, provides a stable mutual fund investment option for inve...
Read More »Mughal Iron & Steel Industries Limited Offers Five-Year Sukuk
Karachi: Mughal Iron & Steel Industries Limited has offered a Sukuk for a five-year tenure, with a profit rate based on 3-month KIBOR plus 1.3%. With a market lot of 1 and a face value of Rs. 1,000,000, the total issue size reaches Rs. 3,000,000,000, ...
Read More »Atlas Islamic Fund of Funds Offers Diverse Islamic Plans
Karachi: Atlas Islamic Fund of Funds, operational since 2019, provides various Islamic investment plans. The Aggressive Allocation Islamic Plan had a price of Rs. 687.93, while the Conservative Allocation Islamic Plan was priced at Rs. 647.01. The Mod...
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