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Popular Islamic Modaraba Shows Consistent Growth

Karachi, Popular Islamic Modaraba NC, active in the market since 2016, showed consistent growth this year. The modaraba’s rate today is Rs. 12.75, with a high rate of Rs. 6 in 2023. It has a paid-up capital of Rs. 140.00 million. The modaraba distributed dividends of 4.034% in 2021, 3.744% in 2022, and 4.557% in 2023. Its EPS for 2021/2022 was Rs. 0.76.

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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...