Karachi, K-Electric Limited has issued a seven-year Sukuk, "KELSC6," to raise funds for its operations. This Islamic financial instrument has a total issue size of Rs. 6.7 billion, with an equivalent outstanding principal. With a market lot of 1 and a...
Read More »UBL Growth & Income Fund Maintains Market Presence
Karachi, The UBL Growth & Income Fund, listed in 2006, reported its financial details for the year ending in June 2023. The fund continues to be a part of the growth and income mutual funds sector of the Pakistan Stock Exchange.
Read More »Bank Alfalah Limited Maintains Strong Presence in Debt Securities Market
Karachi, Bank Alfalah Limited has sustained a notable presence in the publicly issued debt securities market, as reported to the Pakistan Stock Exchange. The bank has two different Term Finance Certificates (TFCs) listed. The first, BAFLTFC6, is a Tie...
Read More »NIT – Income Fund Reports Increased Distribution for 2023
Karachi, The NIT - Income Fund, listed since 2010, announced distributions of Rs 0.55 per unit in 2021 and Rs 0.5746 per unit in 2023. The fund, whose financial year ends in June, continues to be a key component of the income-oriented mutual funds mar...
Read More »Mughal Iron & Steel Industries Limited Secures Long-Term Funding with Sukuk
Karachi, Mughal Iron & Steel Industries Limited has secured a five-year term Sukuk, "MUGHALSC," listed on the Pakistan Stock Exchange. This financial instrument has a total issue size of Rs. 3 billion, with Rs. 2.4375 billion still outstanding. Th...
Read More »UBL Dedicated Equity Fund Continues in Market
Karachi, With its inception in 2019, the UBL Dedicated Equity Fund reported no distributions for 2023. The fund, concluding its financial year in June, maintains its presence in the dedicated equity mutual funds market.
Read More »Worldcall Telecom Limited’s TFC Issue Reaches Maturity
Karachi, Worldcall Telecom Limited has fulfilled its obligations for a 5-year Term Finance Certificate (WTLTFC3), as reported to the Pakistan Stock Exchange. This TFC, with a market lot of 1 and a face value of Rs. 5,000, had an interest rate of 6M KI...
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