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Category: General

PACRA Affirms Stability Rating for JS Islamic Money Market Fund

Karachi: The Pakistan Credit Rating Agency Limited (PACRA) has confirmed the stability rating of the JS Islamic Money Market Fund, a low-risk Shariah-compliant investment option. The Fund, aimed at capital preservation and offering competitive returns…

Karachi’s Eid Clean-Up Efforts Earn Praise from Business Leader

KARACHI: President of the Karachi Chamber of Commerce and Industry (KCCI), Muhammad Jawed Bilwani, has commended Mayor Karachi, Barrister Murtaza Wahab, and the Sindh Government for their effective sanitation efforts during Eid ul Azha. The citywide c…

FBR’s Proposed Tax Hikes Draw Criticism from UNISAME

Karachi: The Union of Small and Medium Enterprises (UNISAME) has expressed concerns over the Federal Board of Revenue’s (FBR) proposed tax increases in the upcoming 2025/26 budget. The FBR plans to raise the withholding tax on bank deposit profits fro…

Bilwani Calls for Rethink on Energy Pricing to Support Industry

KARACHI: The President of the Karachi Chamber of Commerce and Industry, Muhammad Jawed Bilwani, has urged the government to reassess its energy procurement and pricing policies to protect Pakistan’s industrial sector and encourage economic growth.

B…