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Malaysia's Khazanah to issue renminbi-denominated sukuk -IFR - 0 views

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renminbi-denominated malaysia issue

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Halal Tamweel on 17 Sep 11

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.

<div class="cArrow"> </div><div class="cContentInner">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.</div>

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Islamic Development Bank loans Djibouti funds for construction - 0 views

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development bank loans funds construction

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Halal Tamweel on 17 Sep 11

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

<div class="cArrow"> </div><div class="cContentInner">DJIBOUTI: The Islamic Development Bank loaned Djibouti $8.5 million to help build a residential and commercial center in Djibouti City, the capital.</div>

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Pakistan says goodbye to IMF: Beginning of a New Era? - 0 views

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pakistan says imf beginning

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Halal Tamweel on 17 Sep 11

KARACHI: Pakistan does not have the intent to opt for another program of IMF loan as economy could bear the pressure alone to finance its budget deficit, said finance minister Dr. Hafeez Shaikh on Friday.

<div class="cArrow"> </div><div class="cContentInner">KARACHI: Pakistan does not have the intent to opt for another program of IMF loan as economy could bear the pressure alone to finance its budget deficit, said finance minister Dr. Hafeez Shaikh on Friday.</div>

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First Al-Noor Modaraba reports surge in profits - 0 views

Halal Tamweel on 17 Sep 11

KARACHI: First Al-Noor Modaraba (Pvt.) Ltd profit after taxation reported outshined growth of 170.89 percent year on year (YoY) to Rs 29.892 million during the financial year 2011 (FY11) as compared to Rs 11.034 million in the previous year.

<div class="cArrow"> </div><div class="cContentInner">KARACHI: First Al-Noor Modaraba (Pvt.) Ltd profit after taxation reported outshined growth of 170.89 percent year on year (YoY) to Rs 29.892 million during the financial year 2011 (FY11) as compared to Rs 11.034 million in the previous year. </div>

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Pakistan to ease palm oil duty for Indonesia - 0 views

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pakistan ease palm oil duty indonesia

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Halal Tamweel on 17 Sep 11

JAKARTA: Pakistan has agreed to lower its duty by 15 percent on Indonesian crude palm oil and its by products by January 2012, officials said.

<div class="cArrow"> </div><div class="cContentInner">JAKARTA: Pakistan has agreed to lower its duty by 15 percent on Indonesian crude palm oil and its by products by January 2012, officials said.</div>

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Fazal Textile board to meet on 22 - 0 views

Halal Tamweel on 17 Sep 11

KARACHI: Fazal Textile Mills Limited (FZTM) Board of Directors meeting will be held on Thursday, September 22, 2011 to consider the financial statements for the year ended June 30, 2011 said the notice issued by company to the Karachi Stock Exchange (KSE) on Friday.

<div class="cArrow"> </div><div class="cContentInner">KARACHI: Fazal Textile Mills Limited (FZTM) Board of Directors meeting will be held on Thursday, September 22, 2011 to consider the financial statements for the year ended June 30, 2011 said the notice issued by company to the Karachi Stock Exchange (KSE) on Friday.</div>

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Pakistan cotton rates steady over brisk trading - 1 views

Halal Tamweel on 17 Sep 11

KARACHI: The return of ginneries and arrivals of Phutti allowed Pakistan cotton market to witness brisk trading activities on Friday. The Karachi Cotton Association (KCA) official spot rate remained intact at Rs 7,400 while physical prices were recorded at Rs 7,450, dealers said.

<div class="cArrow"> </div><div class="cContentInner">KARACHI: The return of ginneries and arrivals of Phutti allowed Pakistan cotton market to witness brisk trading activities on Friday. The Karachi Cotton Association (KCA) official spot rate remained intact at Rs 7,400 while physical prices were recorded at Rs 7,450, dealers said.</div>

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Global stocks rally on Europe hope, euro slip - 0 views

Halal Tamweel on 17 Sep 11

NEW YORK: Global equities rose for a fourth straight day on Friday, but the euro slid as hope Europe was finally getting a grip on the region's debt crisis was offset by lingering fears Greece is still at risk of default.

<div class="cArrow"> </div><div class="cContentInner">NEW YORK: Global equities rose for a fourth straight day on Friday, but the euro slid as hope Europe was finally getting a grip on the region's debt crisis was offset by lingering fears Greece is still at risk of default. </div>

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Pakistan gold prices fall - 0 views

Halal Tamweel on 17 Sep 11

KARACHI: Gold rates in Pakistan moved downward on Friday in major bullion markets of the country in line with fall in the international gold markets.

<div class="cArrow"> </div><div class="cContentInner">KARACHI: Gold rates in Pakistan moved downward on Friday in major bullion markets of the country in line with fall in the international gold markets. </div>

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Shell Gas posts lower profits - 0 views

Halal Tamweel on 17 Sep 11

KARACHI: Shell Gas (LPG) Pakistan has posted a lower profit-after-tax of Rs 50.104 million during the year ending June 30, 2011 and declared a final dividend of Rs 1 per share.

<div class="cArrow"> </div><div class="cContentInner">KARACHI: Shell Gas (LPG) Pakistan has posted a lower profit-after-tax of Rs 50.104 million during the year ending June 30, 2011 and declared a final dividend of Rs 1 per share.</div>

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Pakistani rupee hits fresh record low against dlr - 0 views

Halal Tamweel on 17 Sep 11

KARACHI: The Pakistani rupee hit its second record low against the dollar in two days on Friday, touching 87.92 on increased import payments and pessimism about the country's economic outlook before firming to 87.75/78 at the close.

<div class="cArrow"> </div><div class="cContentInner">KARACHI: The Pakistani rupee hit its second record low against the dollar in two days on Friday, touching 87.92 on increased import payments and pessimism about the country's economic outlook before firming to 87.75/78 at the close.</div>

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FDI falls to $21 million during August - 0 views

Halal Tamweel on 16 Sep 11

KARACHI: Foreign Direct Investment (FDI) continued its declining trend and went down to $21 million in the month of August against $91 million in the previous month, according to the latest data issued by State Bank of Pakistan (SBP).

<div class="cArrow"> </div><div class="cContentInner">KARACHI: Foreign Direct Investment (FDI) continued its declining trend and went down to $21 million in the month of August against $91 million in the previous month, according to the latest data issued by State Bank of Pakistan (SBP). </div>

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Companies declare closing periods - 0 views

Halal Tamweel on 16 Sep 11

KARACHI: Pak Datacom Limited (PAKD) has declared the "Closed Period" from September 14, 2011 to September 21, 2011 (both days inclusive), in a notice issued to Karachi Stock Exchange on Thursday.

<div class="cArrow"> </div><div class="cContentInner">KARACHI: Pak Datacom Limited (PAKD) has declared the "Closed Period" from September 14, 2011 to September 21, 2011 (both days inclusive), in a notice issued to Karachi Stock Exchange on Thursday. </div>

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Malaysia's KLCC Property to issue 880mln rgt Islamic notes - 0 views

Halal Tamweel on 16 Sep 11

KUALA LUMPUR: Malaysia's KLCC Property Holdings Bhd said on Thursday that 2 of its units will issue an 880 million ringgit ($285.9 million) Islamic medium-term notes programme.

<div class="cArrow"> </div><div class="cContentInner">KUALA LUMPUR: Malaysia's KLCC Property Holdings Bhd said on Thursday that 2 of its units will issue an 880 million ringgit ($285.9 million) Islamic medium-term notes programme.</div>

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Unilever Pakistan declares Closing Period - 0 views

Halal Tamweel on 16 Sep 11

KARACHI: Unilever Pakistan Ltd has declared the "Closed Period" from September 22, 2011 to October 26, 2011 in a notice issued to Karachi Stock Exchange on Friday.

<div class="cArrow"> </div><div class="cContentInner">KARACHI: Unilever Pakistan Ltd has declared the "Closed Period" from September 22, 2011 to October 26, 2011 in a notice issued to Karachi Stock Exchange on Friday.</div>

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Ginners back on trade, rates remain firm - 0 views

Halal Tamweel on 16 Sep 11

KARACHI: Ginneries participation in active trading on Thursday supported Pakistan cotton rates to remain firm. Some analysts expect that panic trading by ginneries can pushed cotton prices down.

<div class="cArrow"> </div><div class="cContentInner">KARACHI: Ginneries participation in active trading on Thursday supported Pakistan cotton rates to remain firm. Some analysts expect that panic trading by ginneries can pushed cotton prices down.</div>

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Pakistan gold prices follow declining trend - 0 views

Halal Tamweel on 16 Sep 11

KARACHI: Gold rates in Pakistan dropped on Thursday in major bullion markets of the country as the metal continued its downward trend in the international markets.

<div class="cArrow"> </div><div class="cContentInner">KARACHI: Gold rates in Pakistan dropped on Thursday in major bullion markets of the country as the metal continued its downward trend in the international markets.</div>

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First World Islamic Finance Summit to begin from 21st - 0 views

Halal Tamweel on 16 Sep 11

KARACHI: Pakistan is all set to host the first World Islamic Finance Summit 2011 to be held on September 21 and 22. The organizers unveiled the description of the prestigious summit on Thursday.

<div class="cArrow"> </div><div class="cContentInner">KARACHI: Pakistan is all set to host the first World Islamic Finance Summit 2011 to be held on September 21 and 22. The organizers unveiled the description of the prestigious summit on Thursday. </div>

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NEPRA reduces 65 paisas per unit in KESC tariff - 0 views

Halal Tamweel on 16 Sep 11

KARACHI: The curtailment 65 paisas per unit have been approved by National Electric Power Regulation Authority (NEPRA) on Thursday for the consumers in Karachi on Thursday, local media reported.

<div class="cArrow"> </div><div class="cContentInner">KARACHI: The curtailment 65 paisas per unit have been approved by National Electric Power Regulation Authority (NEPRA) on Thursday for the consumers in Karachi on Thursday, local media reported.</div>

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Asia stocks up, bearish bets trimmed ahead of Europe meet - 0 views

Halal Tamweel on 16 Sep 11

SINGAPORE/HONG KONG: Asian stocks jumped on Friday and the euro steadied, after rising sharply the previous day, as investors hoped for a big policy move from European finance ministers to combat the debt crisis.

<div class="cArrow"> </div><div class="cContentInner">SINGAPORE/HONG KONG: Asian stocks jumped on Friday and the euro steadied, after rising sharply the previous day, as investors hoped for a big policy move from European finance ministers to combat the debt crisis. </div>

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