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Introduction: The International Monetary Fund (IMF) has approached Pakistan Tehreek-e-Insaf (PTI) and other major political parties in Pakistan to seek their support for the $3 billion standby agreement. This engagement is of crucial significance as the IMF Executive Board prepares to approve the disbursal of funds. Let’s delve into the recent developments and implications of this interaction between the IMF …

Introduction: Shariah compliant money market funds have gained popularity among investors who seek ethical and halal investment options. These funds adhere to Islamic principles and invest in short-term, low-risk instruments, making them an attractive choice for conservative investors. In this article, we will explore the top-performing Shariah compliant money market mutual funds with impressive annualized returns. Whether you are a …

Introduction The Pakistan government has provisionally awarded two exploration blocks to the state-owned Oil and Gas Development Company Limited (OGDCL) as part of an initiative to discover fresh hydrocarbon deposits and reduce the country’s reliance on energy imports. OGDCL reported that it has been provisionally awarded the Sehwan 2,667-19 block in Sindh and the Zindan-II 3,271-9 block in Punjab, with …