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Riffat Mughal

Bank Alfalah Islamic Banking Branches net assets climb by 13.63pct - 0 views

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    KARACHI: Bank Alfalah Limited Pakistan (BAFL) Islamic business unaudited net assets surged by 13.63 percent during first half of the financial year 2011 (1HFY11) as it reached to Rs 5.473 billion as compared to audited net assets of Rs 4.817 billion on December 31, 2010.
Riffat Mughal

Fruit, vegetables exports increased - 0 views

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    ISLAMABAD: Fruit and vegetable export from the country during the first two months of current financial year grew by 60.46 per cent and 80.87 per cent respectively.
Riffat Mughal

10pct rise in seafood exports - 0 views

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    ISLAMABAD: Export of fish and fish preparations increased by 10.10 percent during the first two months of the current fiscal year (2011-12) compared to the exports of the same period of last year.
Halal Tamweel

Refinery witness higher output and 14pct sales growth in 2MFY12 - 0 views

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    KARACHI: Refinery sales witnessed higher output along with 14 percent growth in the first two months of fiscal year 2011-12 (2MFY11-12). High Speed Diesel (HSD) and petrol contributed as their growth outshined by 91 percent during the period under review.
Halal Tamweel

Tatarstan Islamic finance hub ambitions boosted - 1 views

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    LONDON: Russian republic Tatarstan's ambition to develop a Sharia-compliant market received a boost this week when the Kazan-based AK Bars Bank became the first Tatar credit to secure a murabaha loan.
Riffat Mughal

Project worth US $ 166 million for import of LNG signed - 0 views

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    ISLAMABAD: The first Liquified Natural Gas (LNG) terminal project for the import of 400-500 million cubic feet (mmcf) LNG was signed here on Friday in order to overcome energy crisis in the country and to reduce growing dependence on expensive furnace oil.
Halal Tamweel

FBR sets target revenue of Rs 477.1bln for 2QFY11 - 0 views

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    KARACHI: The massive improvement in tax collection during the first quarter of the current fiscal year has prompted the Federal Board of Revenue (FBR) to set a higher revenue collection target of Rs 477.1 billion for the second quarter to meet the tax target of Rs 1952 billion for the current fiscal year.
Riffat Mughal

Remittances surge by 25 percent to $3.3bln - 0 views

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    KARACHI: The overseas Pakistani workers remitted an amount of $ 3,297.20 million in the first quarter (July - September) of the current fiscal year 2011-12 (FY12), showing a growth of 24.60 percent or $ 650.9 million compared with $ 2,646.30 million received during the same period of last fiscal year (July- September 2010).
Riffat Mughal

Car sales gear up by 27 percent - 0 views

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    KARACHI: The car sales in the country escalated by 27 percent during the first quarter of the new fiscal year, according to the statistics released by Pakistan Automotive Manufacturers Association (PAMA) on Monday.
Riffat Mughal

POL board meeting on Oct 18 - 0 views

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    KARACHI: As the first quarter of new financial year has come to an end, all listed companies on Karachi Stock Exchange (KSE) are busy in arranging their board meetings to consider the quarterly financial results.
Riffat Mughal

Kohinoor Energy Ltd grew by 137.26pct - 0 views

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    KARACHI: Kohinoor Energy Limited (KOHE) showed outstanding performance during the first quarter of financial year 2011 (1QFY11) as its profits surged by 137.26 percent year on year (YoY) to Rs 180.459 million as compared to Rs 76.061 million in the same period previous year, mentioned in a notice issued by the company to Karachi Stock exchange.
Riffat Mughal

PPL witnesses profits surge by one fourth - 1 views

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    KARACHI: Pakistan Petroleum Limited (PPL), the pioneer of the natural gas industry in the country witnessed outstanding growth as its net profits surged by 26.92 percent year on year (YoY) to Rs 9.886 billion during the first quarter of financial year.
Riffat Mughal

Fish exports surge by 9.83pct in 1QFY11-12 - 0 views

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    ISLAMABAD: Exports of fish and fish preparations increased by 29.83 percent during the first quarter of financial year (2011-12) compared to the exports of the same period of last year.
Riffat Mughal

Pak-backed advisory firm launches Islamic Finance training projects in Bahrain - 0 views

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    MANAMA: Tajweez Advisory Co. WLL, the first Pakistani-backed advisory firm in Bahrain in the Islamic finance sector, has launched their Islamic Finance 360 training project at the Institute of Bankers Pakistan.
Riffat Mughal

NRL board to meet on Oct 20 - 0 views

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    KARACHI: As the first quarter of new financial year has come to an end, all listed companies on Karachi Stock Exchange (KSE) are busy in arranging their board meetings to consider the quarterly financial results.
Riffat Mughal

3-mth fiscal deficit 1.1pct of GDP - 0 views

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    KARACHI: Pakistan's fiscal deficit for the first three months of fiscal year 2011/12 was 1.1 percent of gross domestic product, a Finance Ministry official told Reuters on Wednesday.
Riffat Mughal

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 company’s financial and operating performance for the quarter ended Sep 30, 2011.
Riffat Mughal

FDI falls 49pct in July-Sept - 0 views

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    KARACHI: The foreign investment plunged enormously by 49 per cent to $236 million in the first quarter (Jul-Sep) of the current fiscal 2012, according to the latest statistics released by State Bank of Pakistan (SBP).
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