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Crescent Wealth launches Australia's first Islamic investment option - 0 views

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    CANBERA: Crescent Wealth, Australia's first Islamic wealth manager, have announced the launch of the nation's first Islamic Australian equity fund creating a new opportunity in the superannuation industry, and tapping the potential for Australians to access the $1.4 trillion global Islamic financial services market.
Halal Tamweel

First Al-Noor Modaraba reports surge in profits - 0 views

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    KARACHI: First Al-Noor Modaraba (Pvt.) Ltd profit after taxation reported outshined growth of 170.89 percent year on year (YoY) to Rs 29.892 million during the financial year 2011 (FY11) as compared to Rs 11.034 million in the previous year.
Halal Tamweel

First Imrooz Modaraba declares its Closing Period - 0 views

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    KARACHI: First Imrooz Modaraba has declared the "Closed Period" from September 14, 2011 to September 21, 2011 (both days inclusive) in a notice issued to Karachi Stock Exchange on Thursday.
Riffat Mughal

Revenue collection increases by 27.4 percent in first quarter: FBR - 0 views

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    ISLAMABAD: The Federal Board of Revenue (FBR) has realized a total provisional collection of Rs.373.819 billion during the first quarter of July-September 2011-12 showing an overall increase of 27.4 percent as compared to same period of last fiscal year.
Riffat Mughal

ATRL reports improved earnings in first quarter, FY2012 - 0 views

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    KARACHI: The board of directors of Attock Refinery Limited (ATRL) has approved the financial results of the company for the first quarter ended Sep 30, 2011 on Monday, according to the notice issued by company to the Karachi Stock Exchange (KSE).
Riffat Mughal

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.
Halal Tamweel

First World Islamic Finance Summit to begin from 21st - 0 views

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    KARACHI: Pakistan is all set to host the first World Islamic Finance Summit 2011 to be held on September 21 and 22. The organizers unveiled the description of the prestigious summit on Thursday.
Riffat Mughal

First Prudential Modaraba profits crawled up by 0.74pct - 0 views

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    KARACHI: First Prudential Modaraba total comprehensive income for the year grew by meager 0.74 percent year on year (YoY) to Rs 33.674 million during the financial year 2011 (FY11). Earnings per share remained intact at Rs 0.38 per certificate, revealed in a notice issued by the company to Karachi Stock exchange on Friday.
Riffat Mughal

HMB Islamic Banking operations remain impressive in 1HCY11 - 0 views

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    KARACHI: The net assets of Habib Metropolitan Islamic windows surged by 7.15 percent during first half of the calendar year 2011 (1HCY11) as it recorded at Rs 1.22 billion as compared to Rs 1.14 billion in December, 2010.
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    KARACHI: The net assets of Habib Metropolitan Islamic windows surged by 7.15 percent during first half of the calendar year 2011 (1HCY11) as it recorded at Rs 1.22 billion as compared to Rs 1.14 billion in December, 2010.
Riffat Mughal

Analysis: Pakistan Refineries GRMs improved in 1QFY11-12 - 0 views

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    Gross Refinery Margins (GRMs) for local refineries improved by 11 percent quarter on quarter (QoQ) at $3 per barrel in the first quarter of the financial year 2011-2012 (1QFY11-12) as compared to $2.7 per barrel reported in the previous quarter.
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    Gross Refinery Margins (GRMs) for local refineries improved by 11 percent quarter on quarter (QoQ) at $3 per barrel in the first quarter of the financial year 2011-2012 (1QFY11-12) as compared to $2.7 per barrel reported in the previous quarter.
Halal Tamweel

KSE: Index rebounds sharply in Q1 | HALALTAMWEEL.COM - 0 views

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    KARACHI: The first quarter of the year 2012 remained the blessing for the investors at Karachi Stock Exchange (KSE) as the Index has rebounded sharply amid huge influx of retail investors in the market. The KSE-100 increased by 21 percent during first quarter (Jan-Mar), its highest gains in preceding 10 quarters.
Riffat Mughal

Lucky Cement holds 19pct market share during the 1QFY12 - 0 views

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    KARACHI: Lucky Cement Limited (LUCK) holds 19 percent market share in overall Pakistan's cement industry during the first quarter of financial year 2011-2012 (1QFY11-12).
Riffat Mughal

Pakistan Petroleum to participate in the fourth Exploration Licensing Round in Iraq - 0 views

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    KARACHI: Pakistan Petroleum Limited (PPL), the pioneer of the natural gas industry in the country intends to participate in the fourth Exploration Licensing Round in Iraq, mentioned in company's first quarter report of financial year 2012 (1QFY12).
Riffat Mughal

Pakistan Islamic Banking windows net assets surge by 31.77pct | HALALTAMWEEL.COM - 0 views

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    KARACHI: Pakistan's Islamic banking windows of conventional banks continued to grow during the first nine months of the calendar year 2011 (9MCY11) with improved asset base. Net assets of the Islamic banking windows grew by 31.77 percent and stood at Rs 17.647 billion as on Sep 30, 2011 as against Rs 13.393 billion reported on Dec 31, 2010.
Riffat Mughal

Islamic Window: Al Habib net assets grow by 65.08pct in 1HFY11 - 0 views

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    KARACHI: Bank Al Habib Islamic banking branches unaudited net assets surged by 65.08 percent during first half of the financial year 2011 (1HFY11) as it reached to Rs 1.086 billion as compared to audited net assets of Rs 0.657 billion on December 31, 2010.
Riffat Mughal

Food export increases by 33.53 percent in two months - 0 views

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    ISLAMABAD: The export of food commodities from the country during the first two months of current financial year registered an increase of 33.53 percent as against the export of same period last year.
Riffat Mughal

Analysis: Pakistan refineries production 2MFY11-12 - 0 views

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    Pakistan refinery sector production fell by 18 percent 2MFY11-12 Pakistan refinery sector production fell by 18 percent as it stood at 1.2 million tons in first two months of fiscal year 2011-12 (2MFY11-12) as compared to 1.4 million tons in the corresponding period last year. However, in the month of August, Pakistan's refinery production slashed by 28 percent month on month (MoM).
Halal Tamweel

Board meetings schedule - 0 views

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    KARACHI: First Habib Modaraba (FHM) Board of Directors meeting will be held on Tuesday, September 20th, 2011 to consider among other things the financial statements for the year ended 30 June 2011, in a notice issued to Karachi Stock Exchange on Wednesday.
Riffat Mughal

Dubai's Nakheel trade creditors keen to sell Islamic bond - 0 views

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    DUBAI: Trade creditors holding the recently issued first tranche of troubled developer Nakheel's five-year Islamic bonds, or sukuk, are inviting bids for the paper, but buyers are so far limited, traders said.
Halal Tamweel

Malaysia's Khazanah to issue renminbi-denominated sukuk -IFR - 0 views

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    KUALA LUMPUR: The Malaysian government investment arm Khazanah Nasional is planning to issue renminbi-denominated sukuk, making it the first-ever Islamic financing in Hong Kong's booming Dim Sum market, according to IFR.
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