Pakistan gold rates drop - 0 views
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Riffat Mughal on 12 Oct 11KARACHI: Pakistan gold prices dropped on Tuesday in major bullion markets of the cities due to prevailed uncertainty in European countries.
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Asia shares edge up on china bounce, euro stalls - 0 views
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TOKYO: A rebound in Chinese shares helped lift most Asian stocks into positive territory on Wednesday, but gains were limited by concerns that the threat posed to the global economic outlook by Europe's debt crisis is weighing on corporate earnings.
Attock Petroleum reports 25 percent growth in first quarter earnings - 0 views
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KARACHI: The Board of Directors of Attock Petroleum Limited (APL) met on October 17 to review the companys financial and operating performance for the quarter ended Sep 30, 2011.
KMI expects mix trend - 0 views
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KARACHI: The Halal stock KMI 30 share index expected to be range-bound as investors seemed to be cautious on the back of mixed triggers.
Tri-Pack Films Ltd profits surged by 64.84pct 3QFY11 - 0 views
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KARACHI: Tri- Pack Films Limited (TRIPF) witnessed outstanding performance during the third quarter of the financial year 2011 (3QFY11) as its profits surged by 64.84 percent year on year (YoY) to Rs 200.040 million as compared to Rs 121.354 million in the same period previous year, mentioned in a notice issued by the company to Karachi Stock exchange.
Islamic Finance: Need for a Paradigm Shift - 0 views
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The original concept of Islamic finance is undoubtedly in favor of equity participation rather than creation of debts because it is only equity participation that brings an equitable and balanced distribution of wealth in the society.
Shariah Compliance: A Human Resource Perspective - 0 views
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Investment in stocks is permissible in Islam. However, forwards, futures, options, swaps, short selling etc in stock trade cannot be used.
Pakistan gold prices steady - 0 views
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KARACHI: Gold rates remained steady on Monday in major bullion markets of the cities. Gold prices in Karachi recorded at Rs. 55,500 per tola (11.66 grams). The price of 10 grams gold was recorded at the level of Rs. 47,571.
Dubai Islamic Bank launches Al Islami Emerging Cappuccino Certificate - 0 views
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UAE: Dubai Islamic Bank (DIB) announced on Monday the launch of the Al Islami Emerging Cappuccino Certificate, a four-year Islamic certificate backed by Sharia-compliant assets.
Persistent buying pushes cotton prices up - 0 views
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KARACHI: Mills continuous buying at Pakistan cotton market push prices up on Monday. The Karachi Cotton Association (KCA) official spot rate increased by Rs 50 traded at Rs 6,300 while physical prices of fine lint were above Rs 6,600 and Rs 6,350 per maund, dealers said.
4 Ways to Earn - 0 views
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During these hard economic times, meeting ends meet comfortably is no doubt a big deal. Everyone knows that we are going through a recessionary period and things are not as bright as they used to be.
Egalitarian Objectives & Present State of Islamic Finance - 0 views
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There are 5 full-fledged Islamic banks operating in Pakistan and 15 conventional banks with Islamic banking branches. The growth in Islamic finance industry has been consistently in double digits. The share of the industry in the banking system has risen to over 7 percent from just 0.5 percent in 2002.
Pakistan Islamic Banking windows total assets surge by 27.28pct - 0 views
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KARACHI: Pakistan's Islamic banking windows of conventional banks continued to grow during the first half of the calendar year 2011 (1HCY11) with improved asset base. Total assets grew by 27.28 percent during the first half as the Islamic banking windows total assets stood at Rs 189.990 billion.
Pakistan cotton rates remain intact - 0 views
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KARACHI: Cotton prices in Pakistan on Tuesday remained intact due to persistent phutti arrivals, dealers said.
Higher expenses trim GSK profits - 0 views
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KARACHI: GlaxoSmithKline Pakistan Limited (GSK) net profits during the third quarter of calendar year 2011-2012 (3QCY11-12) trimmed by 13.54 percent year on year (YoY) to Rs 236.454 million.
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