Day: August 1, 2024

Al Meezan Investment Management Appoints New CEO

Karachi: Al Meezan Investment Management Limited has announced the appointment of Mr. Imtiaz Gadar as its new Chief Executive Officer, effective August 01, 2024. The company disclosed this in a recent notification to the Certificate Holders of the Pak…

Bank Alfalah Announces Second Interim Dividend for 2024

Abu Dhabi: Bank Alfalah Limited has declared a second interim cash dividend for the quarter ending 30th June 2024, as determined in a board meeting held on 1st August 2024. The meeting, conducted in Abu Dhabi and via Weblink, approved a dividend rate …

Mahaana Islamic Index ETF Completes Portfolio Rebalancing

Karachi: The Mahaana Islamic Index Exchange Traded Fund (MIIETF) has successfully concluded its portfolio rebalancing, following the guidelines outlined in section 96 of the Securities Act, 2015, Clause 5.6.1(a) of the PSX Regulation, and the Offering…

ABL Funds Credits Interim Cash Dividend to Shareholders

Karachi: ABL Funds has successfully distributed an interim cash dividend for the year ending September 13, 2024, to its shareholders. The dividend, calculated at Rs. 0.0181 per share, which translates to a yield of 0.181%, was credited electronically …

Highnoon Laboratories Appoints New Auditors Following Resignation

Lahore: Highnoon Laboratories Limited, a prominent pharmaceutical company, announced significant changes to its audit oversight today. According to information available from the Pakistan Stock Exchange (PSX), the company’s Board of Directors has offi…