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Caretaker Prime Minister Anwaar-ul-Haq Kakar has underscored that easy visa procedures, improved banking channels and reciprocal warehousing facilities would further boost trade between the two countries.He was talking to a seven-member delegation of U...

Caretaker Prime Minister Anwaar-ul-Haq Kakar has underlined the need of bringing the higher education in the country in conformity with the contemporary and economic needs.Chairing a meeting regarding the Higher Education Commission (HEC) in Islamabad ...

Karachi: The Faysal Islamic Savings Growth Fund, operational since 2010, declared an offer price of 114.12 and a redemption price of 111.59. The fund achieved a 4.70% distribution in 2021 and Rs 4.31 per unit for the year.

Karachi: Habib Bank Limited has introduced a perpetual TFC to the market, trading under the symbol HBLTFC3. The certificate has a market lot of one and a face value of PKR 100,000. The profit rate is set at the 3-month KIBOR plus 2.00%. The total issu...

Karachi: Meezan Pakistan ETF, under the symbol MZNPETF, is trading at a rate of PKR 10.96 today with a daily weighted average rate of 10.95. The fund has amassed PKR 70.344 million as of June, with a distribution yield of 12.5%. It carries a par value...

Karachi: The Askari Islamic Asset Allocation Fund, established in 2007, has sustained its market presence. However, specific details regarding offer and redemption prices or distributions were not disclosed for the year.

Karachi: Askari Bank Limited has introduced a perpetual TFC, AKBLTFC6, with a market lot of Rs. 1,000,000. The debt security is pegged to a profit rate of 6M KIBOR + 1.5%. It has a total issue size of Rs. 6,000,000,000, equal to the outstanding princi...