Karachi, The NBP Islamic Mustahkam Fund - Fixed Term Munafa Plan II, introduced in 2023, reported no distributions for 2023. The plan, whose financial year ends in June, continues to be a significant part of the Islamic mutual funds market.
Read More »Al Hamra Smart Portfolio Remains Steady with Offer Price of 112.91
Karachi, The Al Hamra Smart Portfolio, a branch of the Alhamra Islamic Active Allocation Fund and listed in 2021, reported an offer price of 112.91 as of June 2023. The fund, however, has not declared any distributions or redemption prices, maintainin...
Read More »Telecard Limited’s TFC Fulfills Debt Market Obligations
Karachi, Telecard Limited has successfully issued a 6-year Term Finance Certificate (TELETFC), according to its financial disclosure to the Pakistan Stock Exchange. The TFC, with a market lot of 1 and a face value of Rs. 5,000, has an interest rate of...
Read More »Hub Power Holdings Limited Secures Financing through Sukuk
Karachi, Hub Power Holdings Limited has solidified its financial base by issuing a 5-year Sukuk, HUBPHLSC, with a total size of Rs. 6 billion. This issuance, fully outstanding, is scheduled for the next coupon date on May 12, 2024. The security, with ...
Read More »Atlas Sovereign Fund Reports High Distribution Yield
Karachi, Listed in 2014, the Atlas Sovereign Fund has reported a significant 9.50% distribution yield for the year ending June 2023. With an offer price of Rs 112.01, the fund distributed Rs 4.75 per unit, highlighting its strong performance in the ma...
Read More »Meezan Rozana Amadani Fund Posts Offer Price of 50
Karachi, Listed in 2019, the Meezan Rozana Amadani Fund reported an offer price of 50 for the year 2023. Ending its financial year in June, the fund remains a noteworthy entity within the mutual fund sector of the Pakistan Stock Exchange.
Read More »Shaheen Insurance Co. Ltd Reflects Market Stability
Karachi, Shaheen Insurance Co. Ltd (SHNI) reflected stability in the Pakistan Stock Exchange. The company's rate today was PKR 3.89, with a paid-up capital of PKR 600.00 million as of December. Listed in 1996, the company did not declare any distribut...
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