Karachi: The Hub Power Company Limited (HUBCSC2) and (HUBCSC4) have both announced the issuance of Sukuk securities. HUBCSC2 will have a market lot size of 1 and a face value of Rs. 100,000, with a tenor of 4 years and a profit rate of "3M KIBOR + 1.8...
Read More »Summit Bank Limited’s TFC: Profit Rate of 6M KIBOR + 3.25%
Karachi: Summit Bank Limited's TFC, with a face value of Rs. 5,000 per Mkt. Lot and a tenor of 7 years, offers a profit rate of "6M KIBOR + 3.25%". The total issue size for this security is Rs. 1,500,000,000, with an outstanding principal of Rs. 1,495...
Read More »Askari Sovereign Yield Enhancer Announces Annual Distributions
Karachi: The Askari Sovereign Yield Enhancer, operating since 2012, released its distribution figures at 4.19% for the year ending in June 2023. It reported an offer price of PKR 103.92 and a redemption price of PKR 102.92, with profits of PKR 6.4057 ...
Read More »Engro Powergen Qadirpur Ltd. Declares 35% Dividend
Karachi: Engro Powergen Qadirpur Ltd. (EPQL) traded at PKR 28.78, slightly above its daily weighted average of PKR 28.87. The company, which concludes its financial year in December, has a paid-up capital of PKR 3,238.00 million. EPQL announced a 35% ...
Read More »Samba Bank Limited (SBLTFC) Issues Tier-II TFC
Karachi: Samba Bank Limited (SBLTFC) has announced the issuance of Tier-II Privately Placed Debt Securities. The security, with the symbol SBLTFC, will have a market lot size of 1 and a face value of Rs. 100,000. These securities have a tenor of 10 ye...
Read More »Bank Islami Pakistan Limited’s Sukuk Tier-I: Next Coupon Date on December 1, 2023
Karachi: Bank Islami Pakistan Limited's Sukuk Tier-I, with a face value of Rs. 5,000 per Mkt. Lot and a perpetual tenor, offers a profit rate of "3M KIBOR + 2.75%". The total issue size for this security is Rs. 2,000,000,000, and the outstanding princ...
Read More »Alfalah GHP Islamic Income Fund Announces Year-End Distribution
Karachi: Announcing its financial details for the year ended June 2023, the Alfalah GHP Islamic Income Fund, listed in 2009, reported an offer price of PKR 111.44 and a redemption price of PKR 110.2. The fund disclosed a distribution of 4.72%, corresp...
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