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NBP Islamic Savings Fund Records 4.93% Distribution, Karachi

December 20, 2023 Uncategorized

Karachi, The NBP Islamic Savings Fund, listed in 2007, recorded a 4.93% distribution in 2023. The fund, dedicated to Islamic compliant savings, listed an offer price of 10.76 and a redemption price of 10.4.

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NBP Balanced Fund Achieves 8.92% Distribution in 2023, Karachi

December 20, 2023 Uncategorized

Karachi, The NBP Balanced Fund, listed in 2007, achieved an 8.92% distribution in 2023. The fund, focusing on a balanced investment approach, reported an offer price of 25.41 and a redemption price of 24.57 for the year ending in June.

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Nishat Power Ltd. Announces Consistent Dividends Amid Strong Market Performance

December 20, 2023 Uncategorized

Karachi, Nishat Power Ltd. (NC) declared a 15% dividend for the year ending June 2023, with an increase to 45% from the previous year and a 70% bonus. The company's share rate was Rs. 32.63, with a daily weighted average rate of Rs. 3,540.89. The EPS ...

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Meezan Strategic Allocation Fund and Plans Report Pricing, Karachi

December 20, 2023 Uncategorized

Karachi, The Meezan Strategic Allocation Fund and its various plans, listed in 2019, reported their pricing details for 2023. While the main fund did not list offer or redemption prices, its plans, including Meezan Capital Pre Plan-III, Meezan Strateg...

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Meezan Islamic Income Fund Reports Prices, Karachi

December 20, 2023 Uncategorized

Karachi, The Meezan Islamic Income Fund, focused on providing income through Islamic investments, reported an offer price of 57.07 and a redemption price of 56.43 for 2023. The fund did not declare any distributions for the year ending in June.

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Saif Power Ltd. Reports High Dividends Amid Strong Market Performance

December 20, 2023 Uncategorized

Karachi, Saif Power Ltd. (NC) declared an 80% dividend for the year ending December 2023, with an increase to 85% from the previous year and a 27.90% second interim dividend. The company's share rate was Rs. 19.05, with a daily weighted average rate o...

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Bank Islami Pakistan Limited Offers Sukuk with Competitive Profit Rate

December 20, 2023 Uncategorized

Karachi, Bank Islami Pakistan Limited has issued a Sukuk (Tier-I), BIPLSC, marking its presence in the Islamic financial instruments market. This Sukuk has a face value of Rs. 5,000 and is perpetual. It comes with a profit rate of 3M KIBOR+2.75%. The ...

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Asianet Pakistan

Asia Net Pakistan is a website that provides press release distribution and publishes news online across various sectors including business, politics, sports, and entertainment. The primary goal is to keep readers informed about happenings that can impact their lives. The website publishes news and highlights issues, urging concerned authorities to address them.

  • Hot, Humid Weather to Persist Across Most Parts of Country: PMD

    2 days ago
  • Pakistan Keen to Further Strengthen Cooperation with US: PM

    2 days ago
  • MoRA Urges Pilgrims to Renew Passports Early for Hajj 2027

    2 days ago
  • Pakistan and Jordan Leadership Voice Concerns Over Escalating Palestine Tensions

    2 days ago
  • Pakistan Customs Successfully Thwarts Smuggling Attempts in GB

    2 days ago

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