Contents contributed and discussions participated by Riffat Mughal - Halal Tamweel

Weekly inflation down by 0.11pct - 0 views

Riffat Mughal on 19 Sep 11

ISLAMABAD: The Sensitive Price Indicator (SPI), for the lowest income group up to Rs.3,000 has registered a decrease of 0.11 percent for the week ended on September 15 over the previous week.

<div class="cArrow"> </div><div class="cContentInner">ISLAMABAD: The Sensitive Price Indicator (SPI), for the lowest income group up to Rs.3,000 has registered a decrease of 0.11 percent for the week ended on September 15 over the previous week. </div>

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Loadshedding increases as Gas supply to KESC suspended - 0 views

Riffat Mughal on 19 Sep 11

KARACHI: Karachi will face 10 hours of increased loadshedding as the gas supply to one of the power plants of Karachi Electric Supply Company (KESC) has been suspended, local TV channels reported on Monday.

<div class="cArrow"> </div><div class="cContentInner">KARACHI: Karachi will face 10 hours of increased loadshedding as the gas supply to one of the power plants of Karachi Electric Supply Company (KESC) has been suspended, local TV channels reported on Monday. </div>

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BOC Pakistan renames as Linde Pakistan - 0 views

Riffat Mughal on 19 Sep 11

KARACHI: The name of BOC Pakistan Limited has been changed to Linde Pakistan Limited, informed the notice issued to the Karachi Stock Exchange on Monday.

<div class="cArrow"> </div><div class="cContentInner">KARACHI: The name of BOC Pakistan Limited has been changed to Linde Pakistan Limited, informed the notice issued to the Karachi Stock Exchange on Monday.</div>

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PNSC declares closing period - 0 views

Riffat Mughal on 19 Sep 11

KARACHI: Pakistan National Shipping Corporation (PNSC) has declared the "Closed Period" from Thursday, September 20, 2011 to Friday, September 27, 2011, in a notice issued to Karachi Stock Exchange (KSE) on Monday.

<div class="cArrow"> </div><div class="cContentInner">KARACHI: Pakistan National Shipping Corporation (PNSC) has declared the "Closed Period" from Thursday, September 20, 2011 to Friday, September 27, 2011, in a notice issued to Karachi Stock Exchange (KSE) on Monday.</div>

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First Prudential Modaraba profits crawled up by 0.74pct - 0 views

Riffat Mughal on 19 Sep 11

KARACHI: First Prudential Modaraba total comprehensive income for the year grew by meager 0.74 percent year on year (YoY) to Rs 33.674 million during the financial year 2011 (FY11). Earnings per share remained intact at Rs 0.38 per certificate, revealed in a notice issued by the company to Karachi Stock exchange on Friday.

<div class="cArrow"> </div><div class="cContentInner">KARACHI: First Prudential Modaraba total comprehensive income for the year grew by meager 0.74 percent year on year (YoY) to Rs 33.674 million during the financial year 2011 (FY11). Earnings per share remained intact at Rs 0.38 per certificate, revealed in a notice issued by the company to Karachi Stock exchange on Friday.</div>

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National Food posts healthy earnings in FY11 - 0 views

Riffat Mughal on 19 Sep 11

KARACHI: The net earnings of National Foods Limited (NATF) improved by 166 percent and recorded at Rs 230.59 million against Rs 86.56 million recorded in last year for the financial year ended Jun 30, 2011, according to a notice sent to Karachi Stock Exchange (KSE) on Monday.

<div class="cArrow"> </div><div class="cContentInner">KARACHI: The net earnings of National Foods Limited (NATF) improved by 166 percent and recorded at Rs 230.59 million against Rs 86.56 million recorded in last year for the financial year ended Jun 30, 2011, according to a notice sent to Karachi Stock Exchange (KSE) on Monday.</div>

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Gold rises on euro zone woes; eyes on fed - 0 views

Riffat Mughal on 19 Sep 11

SINGAPORE: Spot gold gained 0.8 percent on Monday, extending a 1.2-percent rise in the previous session, as worries about a worsening debt crisis in the euro zone drove investors to seek safety in bullion.

<div class="cArrow"> </div><div class="cContentInner">SINGAPORE: Spot gold gained 0.8 percent on Monday, extending a 1.2-percent rise in the previous session, as worries about a worsening debt crisis in the euro zone drove investors to seek safety in bullion. </div>

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Pakistan cotton rates decline to Rs 7,300 - 0 views

Riffat Mughal on 19 Sep 11

KARACHI: The spot rate at Pakistan cotton market lowered on Saturday as phutti arrivals pushed cotton prices down. The Karachi Cotton Association (KCA) official spot rate declined by Rs 100 to Rs 7,300 while physical prices were recorded at Rs 7,400 and Rs 7,450, dealers said.

<div class="cArrow"> </div><div class="cContentInner">KARACHI: The spot rate at Pakistan cotton market lowered on Saturday as phutti arrivals pushed cotton prices down. The Karachi Cotton Association (KCA) official spot rate declined by Rs 100 to Rs 7,300 while physical prices were recorded at Rs 7,400 and Rs 7,450, dealers said.</div>

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Euro slides 1pct after EU disappoints - 0 views

Riffat Mughal on 19 Sep 11

SINGAPORE/SYDNEY: The euro got off to a rocky start on Monday, with its weakness gathering pace after a series of political setbacks in Europe over the weekend prompted a flight to safety.

<div class="cArrow"> </div><div class="cContentInner">SINGAPORE/SYDNEY: The euro got off to a rocky start on Monday, with its weakness gathering pace after a series of political setbacks in Europe over the weekend prompted a flight to safety.</div>

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KMI Weekly: KMI gains 193.16pts - 0 views

Riffat Mughal on 19 Sep 11

KARACHI: The Halal stocks KMI-30 share index went up by 193.16 points or 0.95 percent during the last week.

<div class="cArrow"> </div><div class="cContentInner">KARACHI: The Halal stocks KMI-30 share index went up by 193.16 points or 0.95 percent during the last week.</div>

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Stocks, euro slide as crisis drags on - 0 views

Riffat Mughal on 19 Sep 11

HONG KONG: Asian stocks fell and the euro dropped 1 percent on Monday as investors fretted about European policymakers' fumbling attempts to solve their crippling sovereign debt crisis.

<div class="cArrow"> </div><div class="cContentInner">HONG KONG: Asian stocks fell and the euro dropped 1 percent on Monday as investors fretted about European policymakers' fumbling attempts to solve their crippling sovereign debt crisis.</div>

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Oil slips for 2nd day on debt concerns, dollar - 0 views

Riffat Mughal on 19 Sep 11

SINGAPORE: Brent crude slipped below $112 a barrel on Monday as Europe stumbled over attempts to solve the euro zone debt crisis, strengthening investor fears commodity demand growth may slow.

<div class="cArrow"> </div><div class="cContentInner">SINGAPORE: Brent crude slipped below $112 a barrel on Monday as Europe stumbled over attempts to solve the euro zone debt crisis, strengthening investor fears commodity demand growth may slow.</div>

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WB terms Pakistan's economy worst - 0 views

Riffat Mughal on 19 Sep 11

ISLAMABAD: World Bank has termed the economy of Pakistan, worst in the region which has been plunging down rapidly, said the recent report issued by World Bank.

<div class="cArrow"> </div><div class="cContentInner">ISLAMABAD: World Bank has termed the economy of Pakistan, worst in the region which has been plunging down rapidly, said the recent report issued by World Bank.</div>

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International Commodities Rates - 0 views

Riffat Mughal on 19 Sep 11

International Commodities Rates

<div class="cArrow"> </div><div class="cContentInner">International Commodities Rates</div>

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

Riffat Mughal on 16 Sep 11

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.

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

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Islamic Microfinance Roadmap for Future - 0 views

Riffat Mughal on 16 Sep 11

Poverty is one of the fundamental problems in developing countries. Poverty rate is quite high in all Muslim countries. The main causes of poverty are low household income, low means of production, high difference in income distribution, lack of skills, and inadequate access to employment opportunities.

<div class="cArrow"> </div><div class="cContentInner">Poverty is one of the fundamental problems in developing countries. Poverty rate is quite high in all Muslim countries. The main causes of poverty are low household income, low means of production, high difference in income distribution, lack of skills, and inadequate access to employment opportunities. </div>

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Fundamentals of Islamic Securitization - 0 views

Riffat Mughal on 16 Sep 11

Asset backed securitization is compatible with Islamic financial concepts as the financing products in Islamic financial system are backed by real assets.

<div class="cArrow"> </div><div class="cContentInner">Asset backed securitization is compatible with Islamic financial concepts as the financing products in Islamic financial system are backed by real assets.</div>

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Mudarabah Makes Its Name in Pakistan's Stock Markets - 0 views

Riffat Mughal on 16 Sep 11

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.

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

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Dubai's Nakheel trade creditors keen to sell Islamic bond - 0 views

Riffat Mughal on 16 Sep 11

DUBAI: Trade creditors holding the recently issued first tranche of troubled developer Nakheel's five-year Islamic bonds, or sukuk, are inviting bids for the paper, but buyers are so far limited, traders said.

<div class="cArrow"> </div><div class="cContentInner">DUBAI: Trade creditors holding the recently issued first tranche of troubled developer Nakheel's five-year Islamic bonds, or sukuk, are inviting bids for the paper, but buyers are so far limited, traders said. </div>

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Pakistani forex reserves fall to $17.79bln - 0 views

Riffat Mughal on 16 Sep 11

KARACHI: Pakistan's foreign exchange reserves fell to $17.79billion in the week ending Sept. 10, from $18.06 billion in the previous week, the central bank said on Thursday.

<div class="cArrow"> </div><div class="cContentInner">KARACHI: Pakistan's foreign exchange reserves fell to $17.79billion in the week ending Sept. 10, from $18.06 billion in the previous week, the central bank said on Thursday. </div>

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