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Popular Islamic Modaraba Posts Modest Earnings in 2023

Karachi, Popular Islamic Modaraba (PSE: PIM), specializing in Islamic financial services, has released its financial results for the year ending June 2023. The company reported an EPS of PKR 0.76, with a total income of PKR 140.00 million. Popular Islamic Modaraba declared a cash dividend of 3.744% and a stock dividend of 4.557%. The company, established on October 16, 2016, with an issued share capital of 160,500 shares, continues to maintain a steady position in the market.

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Aurangzeb Engages with U.S. Development Finance Corporation for Enhanced Sectoral Projects

Islamabad: Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, engaged with representatives of the U.S. International Development Finance Corporation in Washington, D.C. This meeting aimed to seek expedited support for priority priva...