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اردو

Jul 21, 2026 اردو

Print Edition BR Markets Dollar to PKR

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Business & Finance Print edition: 2024-08-19

Auto insurance: Shaheen Insurance signs MoU with Habib Metropolitan Bank

Published August 19, 2024 Updated August 19, 2024 03:20am

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KARACHI: Shaheen Insurance Company Limited and Habib Metropolitan Bank have recently entered into a Memorandum of Understanding for Auto Insurance covering vehicles financed by Habib Metropolitan Bank, for both in conventional and Takaful Insurance. Sohel Kidwai, Chief Marketing Officer of Shaheen Insurance and Syed Faheem ul Islam, Unit Head Consumer Products signed the MoU on behalf of their companies.

Shaheen Insurance is among the fastest growing General Insurance and Takaful Insurance company in Pakistan, licensed by SECP and have been rated A+ by PACRA. The strength of the company Re-insurance arrangements backed by its shareholders Shaheen Foundation (PAF) provides immense financial strength to Shaheen Insurance.

The ceremony was attended by Rizwan Akhtar, Chief Executive Officer and Nisar Almani, Chief Financial Officer of Shaheen Insurance with Habib Metropolitan Bank and other senior officials of both the organizations.

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Currency	Rate
USD PKR Interbank Selling / Jul 20	278.15
USD PKR Interbank Buying / Jul 20	277.95
USD to Japanese Yen / Jul 20	162.52
USD to Swiss Franc / Jul 20	0.81
Pound Sterling to USD / Jul 20	1.34
Euro to USD / Jul 20	1.14
SOFR % / Jul 20	3.62

Stock	Volume
S&P 500 / Jul 20	7,443.28
India Sensex / Jul 20	77,708.52
Nasdaq / Jul 20	25,508.07
FTSE 100 / Jul 20	10,524.76
Dow Jones / Jul 20	51,839.26
Germany DAX 30 / Jul 20	24,846.69
France CAC40 / Jul 20	8,340.11
Tokyo Nikkei / Jul 21	65,077.32
Hang Seng / Jul 21	25,036.86

Item	Value
Crude Oil USD/Barrel / Jul 20	83.17
Karachi Cotton PKR/37.32 KG / Jul 20	18,880
Gold 10 Grams PKR / Jul 20	363,971
Gold Spot USD/Ounce / Jul 20	4,017.31
Cotton US¢/pound / Jul 20	78.92
Petrol/Litre / Jul 21	316.15
Diesel/Litre / Jul 21	354.35

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Asia Ins. / Jul 20 Asia Insurance Company Limited(ASIC)	37.90 ▲ 3.45 (10.01%)
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Pak Refinery / Jul 20 Pakistan Refinery Limited(PRL)	49.05 ▲ 4.46 (10%)
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Service Textile / Jul 20 Service Industries Textiles Limited(SERT)	56.04 ▼ -6.23 (-10%)
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ARM Green Industries / Jul 20 ARM Green Industries Limited(ARMG)	64.63 ▼ -6.07 (-8.59%)
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Cnergyico PK / Jul 20 Cnergyico PK Limited(CNERGY)	166,059,814 ▲ 0.8
Pak Refinery / Jul 20 Pakistan Refinery Limited(PRL)	49,159,104 ▲ 4.46
TPL Properties / Jul 20 TPL Properties Limited(TPLP)	38,436,785 ▲ 0.41
Trust Sec.& Brok. / Jul 20 Trust Securities & Brokerage Limited(TSBL)	36,283,729 ▲ 0.15
K-Electric Ltd. / Jul 20 K-Electric Limited(KEL)	27,615,297 ▼ -0.07
Lotte Chemical / Jul 20 Lotte Chemical Pakistan Limited(LOTCHEM)	17,575,908 ▲ 0.54
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