Karachi: The State Bank of Pakistan has released the latest Karachi Interbank Offered Rates (KIBOR) for September 11, 2026, showcasing subtle changes across various tenors. The rates, which serve as a benchmark for lending between banks, reveal slight…
Karachi: The currency exchange rates in Pakistan exhibited a stable trend, as reflected in the data released by the Exchange Companies Association of Pakistan. The figures indicate a slight fluctuation in various foreign currency rates against the Pak…
KARACHI: The Exchange Companies Association of Pakistan (ECAP) released its open market closing exchange rates for September 11, 2026, showing minimal fluctuations in the buying and selling rates of major currencies. The U.S. dollar was reported at 27…
KARACHI: The Pakistan Credit Rating Agency Limited has assigned an initial stability rating to the Alhamra Islamic Investment Savings Fund, highlighting its medium-risk profile and focus on generating halal income through Shariah-compliant investments…
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…
Lahore: Daewoo Pakistan Express Bus Service Limited (DPEBSL) is set to issue a third rated, secured, privately placed short-term Sukuk worth PKR 4 billion, marking a strategic financial initiative. The instrument, secured by a ranking charge over the …