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Riffat Mughal

Islamic Equity Funds: Net assets decline by 4.17pct in August - 0 views

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    KARACHI: Pakistan's key Islamic equity funds performance remained low during the month of August, 2011 as the cumulative net assets of the four major Islamic equity funds fell by 4.17 percent Month-on-Month (MoM) to Rs 5,174.501 million as at August 31, 2011 from Rs 5,399.576 million as at July, 2011.
Riffat Mughal

KIIOF reports net loss of Rs 18.413mln in FY11 - 0 views

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    KARACHI: KASB Islamic Income Opportunity Fund (KIIOF) (formerly KASB Islamic Income Fund) has reported net loss of Rs 18.413 million year on year (YoY) as compared to Rs 5.021 million net profits in the previous year.
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

Mutual Fund industry sold $3.143mln worth of shares - 0 views

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    KARACHI: According to National Clearing Company of Pakistan (NCCPL) data, Pakistan's Mutual Fund industry was the net sellers of $3.143 million or Rs 273.513 million worth of shares during the week as against net buyers of $2.666 million or Rs 231.953 million worth of shares during the week ended on November 25, 2011.
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

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.
Riffat Mughal

IMF delegation to visit Pak in November says Hafeez - 0 views

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    WASHINGTON: A delegation from International Monitory Fund (IMF) would visit Pakistan in November informed Finance Minister Dr Abdul Hafeez Sheikh on Saturday.
Riffat Mughal

Pakistan says will be able to repay IMF loans - 0 views

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    WASHINGTON: Pakistan will have no trouble repaying a loan from the International Monetary Fund, its finance minister said on Monday, even though the country's economy has been hurt by heavy rains and floods.
Riffat Mughal

Brent stays above $110, boosted by Mideast tensions, Europe bailout - 0 views

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    SINGAPORE: Brent crude stayed above $110 on Wednesday, holding onto its previous session gains, as Iran's escalating tensions with the West and an agreement by euro zone ministers to ramp up the firepower of their bailout fund helped support prices.
Riffat Mughal

Brent crude falls to about $103 on stockpile gain, euro crisis - 0 views

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    SINGAPORE: Brent crude fell to near $103 on Thursday, declining for a second day after a bigger-than-expected increase in U.S. stockpiles heightened concern that demand may slow and doubts over the eurozone rescue fund weighed on confidence.
Riffat Mughal

Gold ticks higher; heads for worst month since Oct '08 - 0 views

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    SINGAPORE: Gold jumped more than 1 percent on Friday after Germany approved the expansion of the euro zone bailout fund, offering temporary relief to investors, but the precious metal was heading for its worst monthly decline in three years.
Halal Tamweel

Oil heads for weekly gain on central banks' Europe crisis move - 0 views

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    SINGAPORE: Oil was headed for a weekly gain on Friday after central banks launched coordinated action to boost European bank funding, easing concern about falling oil demand from industrialised consumers.
Halal Tamweel

Islamic Development Bank loans Djibouti funds for construction - 0 views

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    DJIBOUTI: The Islamic Development Bank loaned Djibouti $8.5 million to help build a residential and commercial center in Djibouti City, the capital.
Riffat Mughal

Selecting the Best Funds: Learn to use SHARPE Ratio - 0 views

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    Sharpe ratio is named after William F. Sharpe who introduced a risk-adjusted measure of return that is often used to evaluate the performance of a portfolio.
Halal Tamweel

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.
Riffat Mughal

Brent below $111 on demand target cut, euro zone woes - 0 views

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    SINGAPORE: Brent crude fell on Wednesday, snapping five days of gains, after OPEC cut its global oil demand forecast and plans for greater powers for a euro zone bailout fund hit a snag, rattling investor confidence.
Halal Tamweel

Halal Tamweel | Facebook | Join Page - 0 views

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    HalalTamweel.com is an Islamic Finance Portal with a clear aim to bridge the gap between the Investors seeking Shari'ah compliant investment options and the financial institutions offering the Shari'ah compliant solutions. In our exclusive Islamic Finance portal, we cover all aspects of investment options i.e. from simple saving account to Shari'ah compliant mutual funds, and Halal stocks
Riffat Mughal

Pakistan's broad money (M2) grew by 15.89 percent - 0 views

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    KARACHI: Pakistan's broad money (M2) grew by 15.89 percent year on year (YoY) to Rs 917.961 billion during FY11 as against 12.46 percent YoY to Rs 640.015 billion in FY10, State Bank of Pakistan (SBP) provisional data revealed.
Riffat Mughal

India withdraws veto on EU package for Pakistan - 0 views

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    ISLAMABAD: India on Wednesday announced withdrawal of its veto on a European Union Duty free programme for Pakistani products in World Trade Organization.
Riffat Mughal

OGDCL registers most successful ratio on exploration front - 0 views

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    ISLAMABAD: The Oil and Gas Development Company (OGDCL) has claimed to be the best exploration company worldwide for registering successful discoveries with finding one well productive out of four.
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