Karachi: Listed on the Pakistan Stock Exchange in 2013, the Meezan Financial Planning Fund of Funds provided no specific offer or redemption prices for the year ending in June 2023. However, the fund had NIL distributions for both 2021 and 2022.
Read More »NBP Sarmaya Izafa Fund Reports Year-End Financial Position
Karachi: Details regarding the financial stance of NBP Sarmaya Izafa Fund as of June have been disclosed. Having been on the market since 2010, the fund presented an offer price of 19.29 and a redemption price of 18.66. The year 2021 saw substantial d...
Read More »Telecard Limited Announces 6-Year Term Finance Certificate
Karachi: Telecard Limited has announced its TFC with a face value of 5,000 and a tenor of 6 years. This security, represented as TELETFC, uses a profit rate equivalent to the 3M KIBOR. The company has disclosed a total issue size of Rs. 2,400,000,000.
Read More »K-Electric Introduces 7-Year Sukuk
Karachi: K-Electric Limited has introduced its Sukuk, labeled KELSC5, with a face value of 5,000 and a tenor of 7 years. The profit rate is determined by the 3M KIBOR plus 1.7%. The company has reported a total issue size of Rs. 25,000,000,000 with an...
Read More »Bank Alfalah Announces Perpetual Debt Security Details
Karachi: Bank Alfalah Limited has revealed the details of its publicly issued debt securities. The company has introduced a Term Finance Certificate (TFC) under Tier-I, labeled as BAFLTFC6, with a face value of 5,000 and a profit rate based on the 6M ...
Read More »NAFA Islamic Active Allocation Fund – I Reports Diverse Plan Performances
Karachi: The NAFA Islamic Active Allocation Fund - I, highlighted in the Pakistan Stock Exchange (PSE) market report, concludes its financial year in June and has been active since 2016. The report indicates a previous book closure date on 29-06-2022....
Read More »Bank Al Habib Limited Introduces Tier-I TFC
Karachi: Bank Al Habib Limited has announced a Tier-I TFC with the symbol BAHLTFC9. The face value is set at 5,000. This TFC is perpetual with a profit rate of 6M KIBOR + 1.65%. The total issue size and outstanding principal both stand at 7,000,000,00...
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