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Riffat Mughal

Al Baraka launches Business Plus Account - 0 views

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    KARACHI: Al Baraka Bank Pakistan Limited (ABPL) has announced the launch of Al Baraka Business Plus Account. This is a new addition to its existing comprehensive product portfolio set on the basic principles of Mudaraba, tailored to suit the business needs.
Riffat Mughal

OGDC to restart operations in rain affected areas - 0 views

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    KARACHI: Oil and Gas Development Company Ltd (OGDCL) will resume its operation in the rain-affected areas with full pace as soon as rainwater is receded in exploration blocks.
Riffat Mughal

Weekly inflation moves up - 0 views

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    KARACHI: The Sensitive Price Indicator (SPI) has registered an increase of 0.24 percent for the week ended on October 13 over the previous week.
Riffat Mughal

US crude surges, outpacing Brent in spread trade - 0 views

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    NEW YORK:U.S. crude surged to its highest level in more than two months on Monday, outpacing gains in Brent, as volatile trade in key spreads stole the limelight from upbeat Chinese data and optimism over the euro zone.
Riffat Mughal

KMI Weekly: Index lost 984.69pts - 0 views

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    KARACHI: The Halal stocks KMI-30 share index went down by 984.69 points or 4.39 percent during the last week. KMI-30 Index closed at the level of 21,436.77 points as compared to the last week's closing level of 22,421.46 points.
Riffat Mughal

KMI likely to witness selling pressure today - 0 views

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    KARACHI: The government's move to ban petroleum products export to Afghanistan likely to affect KMI index on Friday as market is expected to witness selling pressure.
Riffat Mughal

Mari Gas makes significant discovery in Karak - 0 views

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    ISLAMABAD: Mari Gas Company Limited (MGCL) made a significant crude oil discovery on Thursday, with the additional potential of Associated Gas, during the drilling of Halini Well in its operated Karak Exploration Block.
Riffat Mughal

Pakistan cotton rates drop by Rs 100 - 1 views

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    KARACHI: Cotton rates decreased over cautious trading mode adopted by the mills and spinners on Thursday as buyers indulged in range bound activities to observe the latest developments in the market.
Riffat Mughal

Gold rates in Pakistan remain intact - 0 views

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    KARACHI: Gold rates in Pakistan remained intact on Thursday in major bullion markets of the cities.
Riffat Mughal

KMI Weekly: Index gains 652.60pts - 0 views

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    KARACHI: The Halal stocks KMI-30 share index went up by 652.60 points or 3 percent during the last week. KMI-30 Index closed at the level of 22,421.46 points as compared to the last week's closing level of 21,768.86 points.
Riffat Mughal

Islamic Credit Cards: A Necessity or Luxury - 0 views

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    Islamic never encourages one to become indebted unless it is necessary. Following Ahadith show the viewpoint of Islam on debt creation, especially while it is beyond one's capacity to repay and to what extent it should be avoided and used to meet only one's necessary requirements.
Riffat Mughal

Shariah Finance: An Alternative In The Making - 0 views

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    While clinging to its present marginal position in the mainstream of global financial markets, Islamic banking and Islamic finance has a long way to go to transform itself into a major player, mainly through standardization, uniformity, governance, transparency and innovation, in addition to consolidation.
Riffat Mughal

Asian shares lower, euro capped ahead of Europe summit - 0 views

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    TOKYO: Riskier assets across the board from stocks, metals and commodity currencies fell on Thursday as investors grew wary about taking risks ahead of a key European leaders' summit on Sunday.
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

KMI gains 2.46pts - 0 views

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    KARACHI: The Halal stocks continued its rally and touched high but later it slowed down which let KMI 30 share index to gained meager 2.46 points.
Riffat Mughal

FFBL, FFC raise urea prices - 0 views

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    KARACHI: Fauji Fertilizer Company (FFC) and Fauji Fertilizer Bin Qasim Limited (FFBL) have raised urea prices by Rs 202 per 50kg bag on Tuesday.
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

Pakistan gold rates drop - 0 views

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    KARACHI: Pakistan gold prices dropped on Tuesday in major bullion markets of the cities due to prevailed uncertainty in European countries.
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

Askari Islamic Banking recovers - 0 views

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    KARACHI: Askari Islamic banking business recovered from huge losses reported last year. In current year, it recovered 95.33 percent year on year (YoY) of the losses.
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