Karachi: The Meezan Paaidaar Munafa Plan (MPMP-V), managed under the Meezan Fixed Term Fund, showcased a significant annual performance, providing a 20.89% return to its investors for the fiscal year ending June 30, 2024. This return notably outstrips…
Lahore: Meezan Islamic Fund (MIF), a Shariah-compliant open-ended equity fund, reported a robust return of 73.00% for the fiscal year ending June 30, 2024, outperforming its benchmark, the KSE Meezan Index (KMI-30), which rose by 78.70%.
The fund’s …
Karachi:
The Meezan GORP Pension Fund (MGOFRPP), which primarily invests in Shariah-compliant stocks and debt instruments, has reported a significant increase in assets for the period ending December 14, 2023. According to information available from…
Karachi: MCB Investment Management Limited has declared an interim dividend for the Alhamra Islamic Money Market Fund (ALHIMMF), as confirmed on October 14, 2024. This distribution marks a significant update for investors seeking returns on Islamic fi…
Karachi: Chenab Limited has officially responded to the Pakistan Stock Exchange (PSX) concerning recent unexplained fluctuations in its share prices. In a formal communication dated October 14, 2024, the company indicated that no recent developments w…
Karachi: The KSE Meezan Index Fund (KMIF), an open-end index tracker fund, has reported a robust performance for the fiscal year 2024, achieving a return of 75.02%, significantly outpacing its benchmark, the KSE Meezan Index (KMI-30), which increased …
Karachi: In a significant move aimed at bolstering investor confidence, JS Investments Limited has announced a comprehensive share buy-back plan. During an extraordinary general meeting held on October 14, 2024, shareholders approved the buy-back of u…
Karachi: Nazir Cotton Mills Limited has concluded its fiscal year 2023-2024 with a transition to a new management team, which is set to implement innovative strategies aimed at enhancing the company’s operational efficiency and future growth prospects…
Karachi: Mezan Balanced Fund (MBF), managed by Al Meezan Investment Management Ltd., showcased a robust financial performance for the fiscal year ending June 30, 2024, delivering a total income of 76.00 million with a net income of 6.83 million. Accor…
Karachi: Engro Powergen Qadirpur Limited has declared an interim cash dividend for the nine months ending September 30, 2024, and disclosed its financial performance, reflecting a robust fiscal outlook. According to information available from the Paki…
Karachi: The Meezan Islamic Income Fund (MIIF) has recorded a significant annual return of 20.94% for the fiscal year ended June 30, 2024, primarily driven by profits on Sukuk and Islamic bank deposits. According to the fund’s latest report, the MIIF,…
Karachi: S.G. Power Limited has disclosed a series of share sales by Sohail Ahmed, Chief Executive/Director of the company, according to a notification sent to the Pakistan Stock Exchange Limited. These transactions, which took place on October 3, 8, …
