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The Hub Power Company Limited (HUBCSC2) and (HUBCSC4) Issue Sukuk

November 6, 2023 Uncategorized

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...

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Summit Bank Limited’s TFC: Profit Rate of 6M KIBOR + 3.25%

November 6, 2023 Uncategorized

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...

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Askari Sovereign Yield Enhancer Announces Annual Distributions

November 6, 2023 General

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 ...

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Engro Powergen Qadirpur Ltd. Declares 35% Dividend

November 6, 2023 Uncategorized

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% ...

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Samba Bank Limited (SBLTFC) Issues Tier-II TFC

November 6, 2023 Uncategorized

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...

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Bank Islami Pakistan Limited’s Sukuk Tier-I: Next Coupon Date on December 1, 2023

November 6, 2023 Uncategorized

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...

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Alfalah GHP Islamic Income Fund Announces Year-End Distribution

November 6, 2023 Uncategorized

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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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.

  • PM Expresses Satisfaction Over SBP Reserves Reaching Historic High of $21.4b

    3 days ago
  • No One Permitted to March on Islamabad, Declares Mohsin Naqvi

    3 days ago
  • Pakistan Emphasizes Diplomacy for Iran Nuclear Issue

    3 days ago
  • DPM Reviews Implementation of PM’s Special Relief Scheme

    3 days ago
  • Dar Stresses Effective Follow-Up on Foreign Policy Priorities

    3 days ago

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