Islamic Income Fund launched 9174 9602 PakRealEstateTimes.Com

Thread Rating:

0 Vote(s) - 0 Average
1
2
3
4
5

Threaded Mode | Linear Mode

Islamic Income Fund launched

12-01-2009, 09:10 AM

Post: #1

LahoreEstate Offline

Administrator

Posts: 2,122
Joined: Nov 2024
Reputation: 0

Islamic Income Fund launched

LAHORE (APP) - IGI Funds Limited, the Asset Management Company of IGI Financial Services and Packages Group, has launched the ‘IGI Islamic Income Fund’.
The IPO dates for this Fund are 1st - 3rd December 2009 inclusive. This latest offering is the third fund to be launched by IGI Funds Limited.
The company introduced the IGI Income Fund in April 2007 and the IGI Stock Fund in July 2008. These funds are rated 3 Star” and 5 Star by PACRA respectively. IGI Funds aims to offer a complete suite of mutual fund products to its customers. Fund returns from existing funds have been strong and competitive.
Ms. Maheen Rahman, CEO-IGI Funds, believes the new fund is ideal for investors seeking regular and steady returns from a Shariah compliant investment portfolio.
She said, the Islamic Income Fund is another initiative taken by IGI Funds to offer investors a new investment solution and help them gain low risk Riba-free profits in an uncertain investment environment.

http://www.nation.com.pk/pakistan-news-n...d-launched

« Next Oldest | Next Newest »

Possibly Related Threads...
Thread:		Author	Replies:	Views:	Last Post
	Government Initiates Activation of $1.5 Billion Uplift Fund	LRE-Azan	0	620	01-09-2024 03:32 PM Last Post: LRE-Azan
	SBP & CDC Launched RAAST Payments Facility For Mutual Funds	LRE-Azan	0	591	11-02-2023 06:37 PM Last Post: LRE-Azan
	FBR Requested to Extend Last Date for Filing Income Tax Return	LRE-Azan	0	609	09-30-2023 04:54 PM Last Post: LRE-Azan
	Collaborative Crackdown Launched Against Criminal Activities in Unlawful Residential	LRE-Azan	0	704	09-22-2023 12:54 PM Last Post: LRE-Azan
	FGEHA Launched Residential Plots In Sector F-12, G-12 For Local And Overseas Pakistan	LRE-Azan	0	794	08-31-2023 07:13 PM Last Post: LRE-Azan
	Interim Relief From Deemed Income Tax On Real Estate Is Granted By The Supreme Court	LRE-Azan	0	896	03-25-2023 06:11 PM Last Post: LRE-Azan
	Announcement: Three mega development projects launched in Lahore	LRE-Azan	0	1,338	01-21-2023 12:55 PM Last Post: LRE-Azan
	Punjab Government has Allocated Rs 300 Million for Minority Development Fund	LRE-Azan	0	4,565	11-06-2017 03:06 PM Last Post: LRE-Azan
	Metro Bus project to be launched on 23rd	Salman	0	5,205	03-22-2014 06:07 PM Last Post: Salman
	Islamabad Safe City Project to be launched	Salman	0	5,238	03-22-2014 06:06 PM Last Post: Salman
	Construction of 500,000 low-income group houses start next month	Salman	0	4,963	02-25-2014 01:23 PM Last Post: Salman
	Pakistan Govt Low Income Housing Scheme	Salman	0	7,107	02-13-2014 11:58 AM Last Post: Salman
	Computerised land record system launched in Taxila	Salman	0	4,581	01-30-2014 04:50 PM Last Post: Salman
	Saudi Fund announces $57m for Golen Gol Hydropower Project	Salman	0	7,241	11-20-2013 03:19 PM Last Post: Salman
	PM Announced Laon Scheme For Construction of Houses For Low Income People	Salman	0	10,896	11-08-2013 02:23 PM Last Post: Salman
	Maximising revenue: CDA board weighs proposals to diversify sources of income	Salman	0	4,876	05-10-2013 11:21 AM Last Post: Salman
	Pakistan Budget 2012-13 : Income Tax exemption limit raised to Rs.50,000/-	Salman	0	11,399	06-01-2012 12:48 PM Last Post: Salman
	Project launched to computerise RTMA record	Salman	0	4,329	05-21-2012 01:18 PM Last Post: Salman
	Bahria Town Has Launched Country Club In Lahore	Salman	0	14,262	05-12-2012 02:29 PM Last Post: Salman
	Shuttle bus service launched in DHA Lahore	Salman	0	4,650	03-13-2012 01:23 PM Last Post: Salman

User(s) browsing this thread: 1 Guest(s)