Karachi: The Meezan Tahaffuz Pension Fund (MTPF), designed to offer Shariah-compliant pension solutions, has demonstrated a strong performance across its sub-funds for the fiscal year ended June 30, 2024. The fund caters to varying levels of risk tole…
Lahore: Mughal Energy Limited has officially submitted the outcomes of its 12th Annual General Meeting (AGM), which took place on October 12, 2024, in the basement auditorium of LSE Capital Limited, located at Lahore. The event was conducted in strict…
Karachi: Landmark Spinning Industries Limited has announced that its 33rd Annual General Meeting (AGM) will be conducted virtually on October 25, 2024. The meeting will take place via video link from the company’s registered office located at the Cott…
Karachi: In a significant financial move, Mr. Muhammad Faisal Ahmed, Chief Executive of Artistic Denim Mills Ltd., has acquired 3.5 million shares of the company, escalating his total shareholding to 76.53 million shares, which represents 91.107% of t…
Karachi: The Meezan Gold Fund (MGF), which aims to provide investors with Shariah-compliant returns through investments in physical gold, has shown notable performance in its fiscal year ending June 2024, according to details revealed in its latest re…
Karachi: United Bank Limited has announced a major transaction by one of its key executives, signaling strong insider confidence in the bank’s financial health. According to a notice filed with the Pakistan Stock Exchange (PSX), Muhammad Irfan Anwar S…
Karachi: The Meezan Strategic Allocation Fund – III (MSAF-III) showcased impressive annual performance for the fiscal year ended June 30, 2024, achieving a net income of Rs. 74 million after accounting for expenses. This income stems from a total gain…
Karachi: United Bank Limited (UBL) disclosed a transaction by a non-executive director in compliance with Pakistan Stock Exchange regulations. According to the announcement dated October 14, 2024, Tahira Sheikh, identified as a non-executive director …
Karachi: Meezan Pakistan Exchange Traded Fund (MZNP-ETF), operating as an open end Shariah Compliant Exchange Traded Scheme, has recorded an impressive annual growth, with its Net Asset Value surging by 73.48% from 7.81 to 13.52 points as of June 30, …
Karachi: Artistic Denim Mills Limited has announced the unconditional withdrawal of a stay order by the Honorable High Court of Sindh, which previously halted the company’s planned increase in authorized share capital. The stay, initiated on November …
Karachi: Meezan Daily Income Plan (MDIP-I), an open-ended Shariah Compliant Fixed Income Fund, has reported a substantial outperformance against its benchmarks for the fiscal year ending June 30, 2024. The fund, which primarily invests in short-term S…
Karachi: The Meezan Rozana Amdani Fund (MRAF), primarily focused on Shariah-compliant money market and Islamic bonds investments, reported a robust return of 21.50% for the fiscal year ended June 30, 2024. According to information available from the P…
