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Alhamra Islamic Income Fund Announces Distributions for Two Fund Types

November 6, 2023 Uncategorized

Karachi: The Alhamra Islamic Income Fund has reported its financial stance for June 2023, indicating a closure of both offer and redemption prices at PKR 0. However, the fund, listed in 2011, declared distributions of PKR 6.10 per unit for Type "A" an...

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JS Bank Limited Issues Tier-I and Tier-II Debt Securities

November 6, 2023 Uncategorized

Karachi: JS Bank Limited, a prominent player in Pakistan's banking sector, announced the issuance of Tier-I and Tier-II debt securities today. The bank's Tier-I securities, with the symbol JSBLTFC2, offer a perpetual tenor with a profit rate of 6M KIB...

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ABL Islamic Income Fund Announces Distribution of 4.20%

November 6, 2023 Uncategorized

Karachi: The ABL Islamic Income Fund, with a focus on Shariah-compliant income strategies, reported a distribution of 4.20%, equivalent to Re 0.2970 per unit for the year. The fund showcased an offer price of PKR 11.13 and a redemption price of PKR 10...

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Meezan Rozana Amadani Fund Closes with Redemption Price at Rs 50

November 6, 2023 Uncategorized

Karachi: Meezan Rozana Amadani Fund, a product offering of the Pakistan Stock Exchange, reported a redemption price of Rs 50 as of June 2023. The fund has not listed an offer price for the same period. Since its listing in 2019, there were no distribu...

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Bank Alfalah Limited’s Tier-I TFC: Next Coupon Date Approaching on March 26, 2024

November 6, 2023 Uncategorized

Karachi: Bank Alfalah Limited's Tier-I TFC, with a face value of Rs. 5,000 per Mkt. Lot and a perpetual tenor, has a profit rate of 6M KIBOR+1.5%. The total issue size for this security is Rs. 7,000,000,000, and the outstanding principal remains the s...

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JS Bank Limited Issues Perpetual and 7-Year TFCs

November 6, 2023 Uncategorized

Karachi: JS Bank Limited has made two separate financial placements with the Pakistan Stock Exchange (PSE). The first placement is a perpetual term finance certificate (TFC), symbolized by JSBLTFC2, with a market lot size of 1, carrying a face value o...

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TPL Corp Limited (TPLSC) and (TPLTFC3) Announce Sukuk and TFC

November 6, 2023 Uncategorized

Karachi: TPL Corp Limited (TPLSC) has declared the issuance of Sukuk securities with a market lot size of 1 and a face value of Rs. 100,000. These securities will have a tenor of 5 years and a profit rate of "3M KIBOR + 2.25%." The total issue size fo...

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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.

  • PMD Predicts Partly Cloudy Weather Conditions With Rain, Wind and Thundershowers

    3 days ago
  • DPM Reaffirms Pakistan’s Support for UN and Multilateralism

    3 days ago
  • Junaid Calls for Protection of Pakistan’s Mangroves

    3 days ago
  • Investigations Reveal Banned Joint Action Committee’s India Nexus: Tarar

    3 days ago
  • Pakistan and Kazakhstan Collaborate to Launch Joint Research Centre

    3 days ago

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