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Category: Fund News

PACRA Confirms Stability Rating for JS Fixed Term Munafa Fund

Karachi: The Pakistan Credit Rating Agency Limited has maintained the stability rating of the JS Fixed Term Munafa Fund, a low-to-moderate risk investment vehicle structured to deliver fixed returns. The Fund, which originally included 21 investment p…

PACRA Maintains Stability Rating of Faysal Halal Amdani Fund

Karachi: The Pakistan Credit Rating Agency Limited (PACRA) has maintained the stability rating of Faysal Halal Amdani Fund, a Shariah-compliant money market fund, emphasizing its low-risk investment strategy. The fund, which aims to provide competitiv…

Currency Exchange Rates Show Stability Amid Market Fluctuations

Karachi: The latest currency exchange rates released today indicate a stable trend in the forex market, with minor fluctuations observed among major global currencies. The US dollar, euro, and British pound showed consistent rates against the Pakistan…

PACRA Confirms Stability Rating for Lucky Islamic Income Fund

Karachi: The Pakistan Credit Rating Agency Limited (PACRA) has maintained the stability rating of the Lucky Islamic Income Fund, a medium-risk investment vehicle focused on Shariah-compliant securities. The fund, which aims to generate long-term, risk…