AsiaNet-Pakistan Premier Editorial Content and Press Release Distribution Service

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.

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...

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 ...

Karachi, Hub Power Holdings Limited has issued a 5-Year Sukuk, HUBPHLSC, with a face value of Rs. 100,000. The Sukuk offers a profit rate of 6M KIBOR+2.5% and has a total issue size of Rs. 6,000,000,000, fully outstanding. The next coupon date is sche...

Karachi, Shifa International Hospitals Limited, a prominent name in the Pakistan Stock Exchange, showcased a strong financial performance in 2023. The company, with a paid-up capital of Rs. 632.14 million, saw its shares trading at a high of Rs. 143.8...

Karachi, EcoPack Ltd., a key player in the miscellaneous sector, has announced modest distributions for the years 2021 and 2022. The company, with a paid-up capital of Rs. 482.58 million, witnessed its share price peaking at Rs. 19.8 and dropping to a...

Karachi, The Meezan Pakistan ETF NC, operational in the ETF market, reported a rate of 12.03 and a daily weighted average rate of 12.17 in 2023. The fund, with a size of Rs. 76.388 million, announced a 12.5% distribution. It recorded a high rate of 10...