Karachi: The Pakistan Credit Rating Agency Limited (PACRA) has reaffirmed the stability rating of the JS Islamic Income Fund (JS IIF) at ‘AA-(f)’ with a stable outlook, as of October 22, 2024. This rating confirmation reflects the fund’s consistent per…
Karachi: Parwaaz Financial Services Ltd. (PFSL), a subsidiary of Karandaaz Pakistan Limited, is set to launch Pakistan’s first Green Bond, which has been assigned a preliminary ‘AA-‘ rating by the Pakistan Credit Rating Agency Limited (PACRA) as of Oct…
Karachi: The Pakistan Credit Rating Agency Limited (PACRA) has maintained the stability rating of the Faysal Financial Sector Opportunity Fund (FFSOF) at ‘A+(f)’ with a stable outlook, as of October 22, 2024. This decision reflects the fund’s continued…
Karachi: The Pakistan Credit Rating Agency Limited (PACRA) has reaffirmed the stability rating of the Faysal Income and Growth Fund (FIGF) at ‘A(f)’ with a stable outlook, as of October 22, 2024. The maintenance of this rating reflects the fund’s consi…
Karachi: National Foods Limited (NATF) held its corporate briefing today, detailing a challenging fiscal year 2024 that saw a significant 40% year-over-year decline in earnings per share to Rs8.19, with no dividend payout announced. Despite the dip in …
Islamabad: Pakistan’s balance of payments (BoP) remained positive in the first quarter of the fiscal year 2025, supported by a modest current account surplus of $119 million in September and a cumulative surplus of $98 million for the quarter. This fin…