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Mutual Funds

Mutual Funds

Islamic mutual funds fall short of global demand

Islamic mutual funds are growing again after a slump that lasted years, but the sector still falls short of meeting demand for sharia-compliant investment products, a study by Thomson Reuters and its subsidiary Lipper showed on May 19. Many firms pulled o
Published 25 May, 2015 12:00am
Mutual Funds

Islamic mutual funds fall short of global demand

Islamic mutual funds are growing again after a slump that lasted years, but the sector still falls short of meeting demand for sharia-compliant investment products, a study by Thomson Reuters and its subsidiary Lipper showed on May 19. Many firms pulled o
Published 25 May, 2015 12:00am
Mutual Funds

Bearish trend continues

The KSE-100 index last week lost 1.3 percent to close at 32,606 points amid lacklustre trading volumes. This was the fourth straight week for the benchmark index to end bearish, the equity analysts said. The trading turnover at ready-counter was recorded
Published 25 May, 2015 12:00am
Mutual Funds

Bearish trend continues

The KSE-100 index last week lost 1.3 percent to close at 32,606 points amid lacklustre trading volumes. This was the fourth straight week for the benchmark index to end bearish, the equity analysts said. The trading turnover at ready-counter was recorded
Published 25 May, 2015 12:00am
Mutual Funds

Bearish trend continues

The KSE-100 index last week lost 1.3 percent to close at 32,606 points amid lacklustre trading volumes. This was the fourth straight week for the benchmark index to end bearish, the equity analysts said. The trading turnover at ready-counter was recorded
Published 25 May, 2015 12:00am
Mutual Funds

Index marginally down

The Karachi share market Friday ended lower and closed at 32,605.62 points from 32,617.74 of Thursday. The KSE-100 index lost 12.12 points or 0.04 percent amid thin trading activity a day before monetary policy announcement on Saturday. The benchmark inde
Published 23 May, 2015 12:00am
Mutual Funds

Index marginally down

The Karachi share market Friday ended lower and closed at 32,605.62 points from 32,617.74 of Thursday. The KSE-100 index lost 12.12 points or 0.04 percent amid thin trading activity a day before monetary policy announcement on Saturday. The benchmark inde
Published 23 May, 2015 12:00am
Mutual Funds

Index marginally down

The Karachi share market Friday ended lower and closed at 32,605.62 points from 32,617.74 of Thursday. The KSE-100 index lost 12.12 points or 0.04 percent amid thin trading activity a day before monetary policy announcement on Saturday. The benchmark inde
Published 23 May, 2015 12:00am
Mutual Funds

MCBAH appoints Shariah Supervisory Board

MCB Arif Habib Savings and Investments Limited ("MCBAH") is pleased to announce that it has appointed Shariah Supervisory Board under the Chairmanship of former Justice Mufti Muhammad Taqi Usmani for their existing as well as future Shaiah Compliant Mutua
Published 22 May, 2015 12:00am
Mutual Funds

MCBAH appoints Shariah Supervisory Board

MCB Arif Habib Savings and Investments Limited ("MCBAH") is pleased to announce that it has appointed Shariah Supervisory Board under the Chairmanship of former Justice Mufti Muhammad Taqi Usmani for their existing as well as future Shaiah Compliant Mutua
Published 22 May, 2015 12:00am
Mutual Funds

EFU General Insurance

EFU General Insurance - the titan of EFU General Insurance - was formed under the financial backing of Agha Khan III and the Nawab of Mughal. It, however, came into being in 1932 where Mr Ghulam Muhammad led the formation of this company. While securing a
Published 21 May, 2015 12:00am
Mutual Funds

EFU General Insurance

EFU General Insurance - the titan of EFU General Insurance - was formed under the financial backing of Agha Khan III and the Nawab of Mughal. It, however, came into being in 1932 where Mr Ghulam Muhammad led the formation of this company. While securing a
Published 21 May, 2015 12:00am