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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.
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

Govt to announce SBP governor name today - 0 views

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    KARACHI: Government is likely to announce the name of State Banks Governor today as the deadline for appointing a governor of central bank has been expired on Monday.
Riffat Mughal

LCCI demands 25pc regulatory duty on copper export - 0 views

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    LAHORE: Lahore Chamber of Commerce and Industry demanded, Federal Board of Revenue to impose 25 percent regulatory duty on copper export.
Riffat Mughal

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.
Riffat Mughal

Bhasha dam foundation stone to be laid today - 0 views

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    ISLAMABAD: Foundation laying stone of Diamir Bhasha dam will be held on Tuesday (today). President Asif Ali Zardari will be the chief guest of groundbreaking ceremony.
Riffat Mughal

PM lays Foundation Stone of Bhasha Dam - 0 views

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    CHILAS: Prime Minister Syed Yusuf Raza Gilani Tuesday laid foundation stone of the US 12 billion dollar Diamir Bhasha dam that would generate 4500 MW electricity and store over 8 Million Acre Feet of water to meet country's growing power and irrigation needs.
Riffat Mughal

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.
Riffat Mughal

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.
Riffat Mughal

LSM posts 3.6pct growth in 1QFY12 - 0 views

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    ISLAMBAD: Large Scale Manufacturing (LSM) production grew 3.6 percent in 1QFY12. The major push came from the growth in 65 industries, according to the statistics released by Federal Bureau of Statistics (FBS).
Riffat Mughal

Rupee slide continues for third day, records at 88.45 to dlr - 0 views

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    KARACHI: The Pakistani rupee's slide continued for a third day on Wednesday, with increased import payments, negative sentiment about regional currencies and a bleak outlook for the country's economy driving it to a record low of 88.45 to the dollar.
Riffat Mughal

Commuters suffer due to CNG closure - 0 views

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    KARACHI: Commuters in Sindh region suffered on Wednesday morning due to CNG stations closure as the supply was halted from 11 pm from Tuesday night.
Riffat Mughal

No further extension of date for filing IT, ST returns: FBR - 0 views

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    ISLAMABAD: The Tax Reform Core Group, in its two-day meeting with the Federal Board of Revenue officials concluded here today, has expressed its extreme reservation over frequent extensions being granted by the Board in filing of Income Tax (IT) and Sales Tax (ST) returns.
Riffat Mughal

Habib Metropolitan Bank: Islamic Banking Business net assets climb by 26.93pct - 0 views

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    KARACHI: Habib Metropolitan Bank Limited- Islamic banking business net assets surged by 26.93 percent during nine months of the calendar year 2011 (9MCY11).
Riffat Mughal

MFN: Dark side of the picture also exists - 0 views

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    KARACHI: Businessmen both across the border welcomed Pakistan's decision to grant India Most Favored Nation (MFN) status which would definitely work well. But at the same time what are the chances that it would really work in highly political environment between arch rivals?
Riffat Mughal

Modern Economic Principles and Islamic Challenge - 0 views

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    Those who devour usury will not stand except as stand one whom the Evil one by his touch hath driven to madness. That is because they say: "Trade is like usury," but Allah hath permitted trade and forbidden usury. Those who after receiving direction from their Lord, desist, shall be pardoned for the past; their case is for Allah (to judge); but those who repeat (The offence) are companions of the Fire: They will abide therein (for ever) (275:2)
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

Board meetings and closure periods - 0 views

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    KARACHI: Tri-Pack Films Ltd (TRIPF) has declared the "Closed Period" from October 10, 2011 to October 17, 2011, in a notice issued to Karachi Stock Exchange on Tuesday.
Riffat Mughal

Asian stocks edge up, euro stalls as caution prevails - 0 views

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    SINGAPORE: Asian stocks edged higher and a rally in the euro stalled on Wednesday, as investors looked for more signs that European leaders were tackling a debt crisis that threatens the financial system before committing bolder market bets.
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