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Riffat Mughal

Dubai Islamic eyes bond sale for unit Tamweel - 0 views

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    DUBAI: Dubai Islamic Bank (DIB) and its unit Tamweel, plans to conduct fixed income roadshows in Asia, Europe and the United Arab Emirates and a potential bond issue guaranteed by the bank may follow, DIB said on Wednesday.
Riffat Mughal

Active buying at Pakistan cotton market - 0 views

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    KARACHI: Lower cotton prices attracted mills to indulge in active buying and higher influx of phutti and seed cotton encouraged growers and farmers to sell at current prices on Saturday.
Riffat Mughal

KMI: Fertilizer & oil stocks to remain in limelight - 0 views

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    KARACHI: Fertilizer and oil stocks will remain in limelight with better expected dividend yield and improved sales. Market is expected to remain steady after rupee strengthening once again and signaling that macroeconomic outlook is not as bleak as was thought few days ago.
Riffat Mughal

PPL makes new gas discoveries at Makori East-1 and Tolanj X-1 - 0 views

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    KARACHI: Pakistan Petroleum Limited (PPL) made two new gas and condensate discoveries, namely Makori East-1 and Tolanj X-1, during the fiscal year ended on June 30, 2011, reported in company's annual report.
Halal Tamweel

Islamic corporate finance ready to meet needs of corporate borrowers - 0 views

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    DUBAI: With the rapid growth of the Islamic finance industry and the increasing popularity of Islamic finance as a financing solution for a growing number of businesses both regionally and globally, senior Islamic bankers and corporate borrowers will gather in Abu Dhabi on the 10th & 11th of October 2011 at the International Summit on Islamic Corporate Finance (ICFS 2011),
Halal Tamweel

12.5m bales of cotton production expected - 0 views

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    KARACHI: Despite 80 percent loss to cotton crop in Sindh because of torrential rains and floods, 12.5 million bales are still expected to be produced by the country this year, with 10 million bales from Punjab and 2.5 million bales from Sindh.
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    KARACHI: Despite 80 percent loss to cotton crop in Sindh because of torrential rains and floods, 12.5 million bales are still expected to be produced by the country this year, with 10 million bales from Punjab and 2.5 million bales from Sindh.
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

Asian shares fall on caution over euro zone bailout progress - 0 views

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    TOKYO: Asian shares fell and the euro trimmed gains on Wednesday as caution set in over the chance for more progress in resolving euro zone debt woes after officials agreed to strengthen a rescue fund and seek more aid from the International Monetary Fund.
Riffat Mughal

KMI lost as market takes technical correction KMI kmi KMI 30 kmi 30, Stocks Pakistan st... - 0 views

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    KARACHI: Likelihood of a discount rate cut is increasing and the market is looking for positive triggers and foreign institutional support. Relaxation in policy rate in next Monetary Policy could bring positive activities in the market in the upcoming days. Market is expected to recover today (Friday).
Riffat Mughal

KMI likely to take U-turn on global stocks recovery - 0 views

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    KARACHI: Positive triggers and foreign institutional support is needed in the market amidst diplomatic tensions and political uncertainty. Since the market is following global trend recently, the movements in global markets will also be an important determinant shaping the course of the market. Market is expected to recover somewhat today after central bank's intervention to support the rupee.
Riffat Mughal

World stocks bounce on hopes for euro zone action - 0 views

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    SINGAPORE: European stock index futures rose sharply on Tuesday, after Asian shares rebounded from multi-month lows and as the euro clung to gains on hopes that euro zone officials will act to corral Greece's debt woes and prevent a financial meltdown.
Riffat Mughal

KMI nosedives over worsening US-Pak ties - 0 views

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    KARACHI: Market is looking for positive triggers and foreign institutional support amid diplomatic tensions and political uncertainty. Circular debt issue again hovering over oil stocks. Market is expected to recover somewhat today after last day decline.
Riffat Mughal

Global Islamic funds' assets up 7.6 pct in 2010-E&Y - 0 views

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    DUBAI: Assets held by global Islamic funds jumped 7.6 percent in 2010 to $58 billion, reflecting new money inflows and strength in fixed income, commodities and other alternative investments, Ernst & Young said on Monday.
Halal Tamweel

Asian stocks up on Europe optimism, credit - 0 views

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    TOKYO: Asian shares rose on Thursday, as optimism over Europe's efforts to aid the euro zone's financial sector and U.S. data suggesting the economy could avoid recession spurred short-covering and value-hunting.
Halal Tamweel

Halal stocks: Market likely to remain range-bound - 0 views

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    KARACHI: Foreign selling has impacted investors' confidence. Trade is concentrated in some stocks and they are now trading at inflated levels. Market is expected to remain range bound today and will be focusing on monetary policy ease in next couple of days.
Halal Tamweel

Dull trade at cotton market due to heavy rains - 0 views

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    KARACHI: Heavy rains in Karachi caused thin trading activities at cotton market on Tuesday. However, persistent rains in Sindh and Punjab pushed cotton prices up and expectations regarding further damage of crop make buyers cautious.
Halal Tamweel

KMI likely to remain range-bound - 0 views

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    KARACHI: The market is expected to remain range-bound and focused in some active blue chip stocks as the market is looking for positive triggers and foreign institutional support.
Riffat Mughal

OGDC seeks joint ventures with Iranian oil companies - 0 views

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    KARACHI: Oil and Gas Development Company Limited (OGDC), a public listed oil and gas exploration company, has showed interest to enter into joint venture with Iranian companies.
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.
Halal Tamweel

Bahrain holds 7th annual World Islamic Funds - 0 views

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    MANAMA: The 7th annual World Islamic Funds and Financial Markets Conference 2011 (WIFFMC'11) will be held in Bahrain on September 26 and 27, 2011.
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