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Category: General

KIBOR Rates Show Stability Across Tenors

Karachi: The Karachi Interbank Offered Rate (KIBOR) has exhibited stable interest rates across multiple tenors, as evidenced by the latest data released. The rates, which are crucial benchmarks for lending and borrowing in the financial sector, reveal…

PACRA Affirms Stability Rating for Pak Qatar Cash Plan

Karachi: The Pakistan Credit Rating Agency Limited (PACRA) has maintained the stability rating of the Pak Qatar Cash Plan under the Pak Qatar Islamic Cash Fund. The plan, characterized as a low-risk Shariah-compliant money market option, has demonstra…