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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.
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PPL confirms seeking entry in E&P activities in Iran - 0 views

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    KARACHI: Pakistan Petroleum Limited (PPL) confirmed here on Wednesday that it is interested to make an entry into an Exploration and Production business activities in Iran, according to the notice sent to the Karachi Stock Exchange (KSE).
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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.
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Malaysia's Khazanah to issue renminbi-denominated sukuk -IFR - 0 views

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    KUALA LUMPUR: The Malaysian government investment arm Khazanah Nasional is planning to issue renminbi-denominated sukuk, making it the first-ever Islamic financing in Hong Kong's booming Dim Sum market, according to IFR.
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Heavy rains paralysis Karachi - 0 views

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    KARACHI: Floods triggered by monsoon rains crippled Pakistan's biggest city and commercial hub of Karachi on Tuesday, with few people able to make it to work or school, officials said.
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Trade among Islamic states to grow 20pct - 0 views

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    JEDDAH: The International Islamic Trade Finance Corporation (ITFC), an affiliate of the IDB Group, is making intense efforts to increase trade among members of the Organization of Islamic Cooperation (OIC) to 20 percent of their total trade by 2015. It has given $13 billion since 2008 to finance trade.
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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.
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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.
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Foreign Selling may pressurize KMI today - 0 views

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    KARACHI: Result season is going to bring interest in refinery, exploration, banking and fertilizer stocks. Blue chips results might bring a positive momentum in the market. High dividend yielding stocks will remain in limelight. Market is expected to be range bound today as foreign institutional selling make investors cautious.
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Mudarabah Makes Its Name in Pakistan's Stock Markets - 0 views

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    Mudarabah is one of the prime modes of Islamic Financial System. Mudarabah is a kind of partnership, wherein one party provides finance to the other party for the purpose of carrying on business.
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