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Riffat Mughal

Noon Pakistan yearly profits surged by 52.28pct in FY11 - 0 views

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    KARACHI: Noon Pakistan Limited (NOPK) profits for the year surged by 52.28 percent year on year (YoY) to Rs 41.551 million in the financial year 2011 (FY11) as compared to Rs 27.285 million reported in the previous year.
Riffat Mughal

Analysis: Pakistan refineries production 2MFY11-12 - 0 views

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    Pakistan refinery sector production fell by 18 percent 2MFY11-12 Pakistan refinery sector production fell by 18 percent as it stood at 1.2 million tons in first two months of fiscal year 2011-12 (2MFY11-12) as compared to 1.4 million tons in the corresponding period last year. However, in the month of August, Pakistan's refinery production slashed by 28 percent month on month (MoM).
Halal Tamweel

Cement prices increased - 0 views

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    KARACHI: Cement manufacturers in the southern region has elevated the prices of cement bags by Rs 15 per 50kg bag by following their peers in northern region who increased the cement bag prices in the previous month.
Halal Tamweel

KESC posts Rs 9.393 bln losses in FY11 - 0 views

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    KARACHI: Karachi Electric Supply Company Limited (KESC) loss after taxation decreased by 35.84 percent year on year (YoY) to Rs 9.393 billion as compared to Rs 14.641 billion in the previous year. KESC losses recovered during financial year 2011 (FY11) in volumes despite reduced profit margins.
Riffat Mughal

Islamic Microfinance Roadmap for Future - 0 views

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    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.
Riffat Mughal

Pakistani forex reserves fall to $17.79bln - 0 views

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    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.
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    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.
Halal Tamweel

Pakistan gold prices follow declining trend - 0 views

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    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.
Riffat Mughal

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

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    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.
Riffat Mughal

Pakistan gold prices down - 0 views

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    KARACHI: Gold rates in Pakistan slide downwards on Thursday in major bullion markets of the country following the downward trend in international gold rates.
Halal Tamweel

Pakistan gold prices fell down - 0 views

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    KARACHI: Gold rates in Pakistan fell on Wednesday in major bullion markets of the cities with a decrease in international market.
Riffat Mughal

Pakistan gold prices recorded at Rs 56,200/tola - 0 views

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    KARACHI: Gold rates in Pakistan jumped up on Tuesday in major bullion markets of the cities followed by the rally in international market.
Riffat Mughal

Lotte eyes increase in import tariffs - 0 views

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    SINGAPORE: Lotte Pakistan PTA (LOTPTA) depends on government's decision to INcrease import tariffs to expand INvestments IN its purified terephthalic acid (PTA) production capacity to 1.5 million tons per year INdustry, said the report published IN ICIS news.
Riffat Mughal

OGDC to restart operations in rain affected areas - 0 views

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    KARACHI: Oil and Gas Development Company Ltd (OGDCL) will resume its operation in the rain-affected areas with full pace as soon as rainwater is receded in exploration blocks.
Riffat Mughal

Gold rates in Pakistan remain intact - 0 views

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    KARACHI: Gold rates in Pakistan remained intact on Thursday in major bullion markets of the cities.
Riffat Mughal

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.
Riffat Mughal

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.
Riffat Mughal

Pak-backed advisory firm launches Islamic Finance training projects in Bahrain - 0 views

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    MANAMA: Tajweez Advisory Co. WLL, the first Pakistani-backed advisory firm in Bahrain in the Islamic finance sector, has launched their Islamic Finance 360 training project at the institute of Bankers Pakistan.
Riffat Mughal

KMI: Market likely to be range bound - 0 views

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    KARACHI: Increase In International oil prices along with fertilizer and cement price hike locally bode well for these sectors, however, widenIng trade gap and declIne In remittances posed fresh challenges to the economy despite the ease In monetary policy.
Riffat Mughal

Shariah Compliance: A Human Resource Perspective - 0 views

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    Investment In stocks is permissible In Islam. However, forwards, futures, options, swaps, short sellIng etc In stock trade cannot be used.
Riffat Mughal

Pakistan gold improves to Rs 48,728 - 0 views

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    KARACHI: Gold rates in Pakistan improved by Rs 43 to close at Rs 48,728 per 10 grams in the local market Tuesday, as its international price also moved up to $ 1,718 an ounce, market sources said.
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