Group items matching

in title, tags, annotations or url

ISLAMABAD: Chinese company M/S Dongfang Electric Corporation (DEC) is all set to invest in various sectors of energy generation in the country.

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).

KARACHI: The foreign investment plunged enormously by 49 per cent to $236 million in the first quarter (Jul-Sep) of the current fiscal 2012, according to the latest statistics released by State Bank of Pakistan (SBP).

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.

DUBAI: Growth of the global Islamic asset management industry will likely halt or reverse this year as the industry struggles with poor sentiment in financial markets and lacklustre interest among Islamic institutional investors, said Jahangir Aka, senior executive officer at asset management firm SEI Investments.

ISLAMABAD: Identifying the investment opportunities in alternate energy, National Electric Power Regulatory Authority (Nepra) has approved upfront tariffs for wind power projects on Thursday.

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.

Investment in stocks is permissible in Islam. However, forwards, futures, options, swaps, short selling etc in stock trade cannot be used.

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

KARACHI: Foreign Investors' Portfolio Investment (FIPI) data reported by National Clearing Company of Pakistan Limited (NCCPL) revealed that massive outflow of $2.333 million or Rs 202.977 million was witnessed from Karachi Stock Exchange (KSE) during the week ended on December 2, 2011 as compared to net foreign outflows of $3.845 million or Rs 334.566 million reported last week.

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.

KUALALUMPUR: Khazanah Nasional- Malaysian state investment agency postponed its debut Rmb 300 million dim sum sukuk on back of severe volatile financial markets conditions.

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.

KARACHI: Likelihood of a discount rate cut is increasing and the market is looking for positive triggers and foreign institutional support. Relaxation in policy rate in next Monetary Policy could bring positive activities in the market in the upcoming days. Market is expected to recover today (Friday).

KARACHI: With inflation numbers on a downward trend, likelihood of a discount rate cut is increasing. The market is looking for positive triggers and foreign institutional support. Relaxation in policy rate in next MPS could also help bring positive activities in the market in coming days.

KARACHI: The Halal stocks KMI-30 share index went up by 494.49 points or 2.40 percent during the last week. KMI-30 Index closed at the level of 21,122.57 as compared to the last week's closing level of 20,628.08 points.

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

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.

KARACHI: The worsening relationship of Pakistan with United States has dampened the sentiments of local and foreign investors badly as the Halal Stock Index tumbled by 2.7 percent or 571.52 points in early trade on Monday.

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