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Karachi: Kashf Foundation has placed a 4-year Term Finance Certificate (TFC) with a face value of Rs. 1,000,000. The TFC carries a profit rate based on the 3-month KIBOR, increased by 2.25%. With a total issue size of Rs. 2,000,000,000, this reflects ...

Karachi: Today's trading session saw the ABL Islamic Stock Fund with an offer price of Rs. 14.05 and a redemption price of Rs. 13.73. The fund provided a 5.00% distribution as of its June year-end reporting. No distributions have been made for the cur...

Karachi: Habib Bank Limited has announced the issuance of a perpetual Term Finance Certificate (Tier-I), coded HBLTFC3, with a notable total issue size of Rs. 6,500,000,000. This financial instrument is designed with a profit rate formula of 3M KIBOR ...

Karachi, Bank Alfalah (BAFL), one of the prominent financial institutions in the region, is identified as a valuable investment opportunity with analysts predicting over 60% capital upside. This projection comes in light of the bank's expected average ...

The post Bank Alfalah Poised for 60%+ Capital Upside, Analysts Say appeared first on Pakistan Business News.

Karachi, Security Papers Limited, a renowned manufacturer of banknote and security papers, announced a significant 74% increase in after-tax profit for the first quarter of the financial year 2023-24, ending on September 30, 2023. The earnings per shar...

The post Security Papers Limited Posts 74% Profit Surge in First Quarter appeared first on Pakistan Business News.

Minister for Information and Broadcasting Murtaza Solangi has said the caretaker government is committed to hold free, fair and transparent elections in the country.Speaking during a program of a private news channel on Friday, he said the government w...

One terrorist was killed while two others got injured during an intelligence-based operation in Rori, Dera Ismail Khan on Friday.According to ISPR, the killed terrorist has been identified as Usama, TTP's suicide bomber, who was planning to carry out a...