Karachi: The Alhamra Islamic Income Fund has reported its financial stance for June 2023, indicating a closure of both offer and redemption prices at PKR 0. However, the fund, listed in 2011, declared distributions of PKR 6.10 per unit for Type "A" an...
Read More »JS Bank Limited Issues Tier-I and Tier-II Debt Securities
Karachi: JS Bank Limited, a prominent player in Pakistan's banking sector, announced the issuance of Tier-I and Tier-II debt securities today. The bank's Tier-I securities, with the symbol JSBLTFC2, offer a perpetual tenor with a profit rate of 6M KIB...
Read More »ABL Islamic Income Fund Announces Distribution of 4.20%
Karachi: The ABL Islamic Income Fund, with a focus on Shariah-compliant income strategies, reported a distribution of 4.20%, equivalent to Re 0.2970 per unit for the year. The fund showcased an offer price of PKR 11.13 and a redemption price of PKR 10...
Read More »Meezan Rozana Amadani Fund Closes with Redemption Price at Rs 50
Karachi: Meezan Rozana Amadani Fund, a product offering of the Pakistan Stock Exchange, reported a redemption price of Rs 50 as of June 2023. The fund has not listed an offer price for the same period. Since its listing in 2019, there were no distribu...
Read More »Bank Alfalah Limited’s Tier-I TFC: Next Coupon Date Approaching on March 26, 2024
Karachi: Bank Alfalah Limited's Tier-I TFC, with a face value of Rs. 5,000 per Mkt. Lot and a perpetual tenor, has a profit rate of 6M KIBOR+1.5%. The total issue size for this security is Rs. 7,000,000,000, and the outstanding principal remains the s...
Read More »JS Bank Limited Issues Perpetual and 7-Year TFCs
Karachi: JS Bank Limited has made two separate financial placements with the Pakistan Stock Exchange (PSE). The first placement is a perpetual term finance certificate (TFC), symbolized by JSBLTFC2, with a market lot size of 1, carrying a face value o...
Read More »TPL Corp Limited (TPLSC) and (TPLTFC3) Announce Sukuk and TFC
Karachi: TPL Corp Limited (TPLSC) has declared the issuance of Sukuk securities with a market lot size of 1 and a face value of Rs. 100,000. These securities will have a tenor of 5 years and a profit rate of "3M KIBOR + 2.25%." The total issue size fo...
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