Pakistan News

    Bylaws For Non Profit Organizations In Pakistan

  • NTS a non-profit organisation, Senate body told

    ISLAMABAD: The National Testing Service (NTS) is a non-profit organisation and registered with the Securities and Exchange Commission of Pakistan (SECP), though it does not have shareholders...

    Also read: NAB receives complaint against NTSWhen the committee took up the matter of the NTS, the Comsats rector, Junaid Zaidi, told the committee that testing service was a non-profit organisation registered with the SECP...

  • Pakistani-led non-profit advances to MIT's Solve Challenge final

    Teach the World Foundation (TTWF), a non-profit led by US-based Pakistanis, has been selected for the finals of the University of Massachusetts Institute of Technology's (MIT) Solve Challenge...

    According to an article published by Techjuice on Monday, the TTWF, led by Shafiq Khan and Imran Sayeed, is working in multiple countries around the world — including Pakistan, Bangladesh, and Malawi — to introduce effective models for...

  • Islamic loan books shift towards profit-sharing in Pakistan, Indonesia

    DUBAI: The make-up of Islamic banks’ loan books is changing in Pakistan and Indonesia with the growing use of profit-sharing contracts that could help Islamic finance win more customers in the two largest Muslim-majority countries...

    Over the past year Pakistan and Indonesia have stepped up efforts to develop their Islamic finance sectors, with regulators and religious scholars addressing criticism that the industry often merely...

  • TRG Pakistan reports Rs3.6bn profit

    KARACHI: TRG Pakistan Ltd announced its 2QFY21 earnings at Rs3,608m, translating into earnings per share (EPS) at Rs6...

    Topline Securities stated that the driving factor was the inflows of Rs4,241m from the head of share of profit from equity investee’s...

  • Fauji Fertiliser’s profit flat at Rs4.1bn

    KARACHI: Fauji Fertiliser Bin Qasim (FFBL)’s after-tax profit rose one per cent to Rs4...

    According to a Pakistan Stock Exchange (PSX) notice, board of directors of the FFBL have decided to form a committee to consider the offer for sale of certain voting and non-voting shares in Noon Pakistan Limited (NPL) and make its recommendations in the matter to the board for a final decision...

  • KSE 100-index sheds 85 points on profit-taking

    KARACHI: The market started on a positive note on Monday with the KSE-100 index making initial gains of 145 points, however, at mid-day investors closed their positions on the news of a massive earthquake...

    The index finally ended down by 84
  • Profit-taking drags index further down

    Among significant news flow was Pakistan and IMF start of discussions on seventh review under the Ex­­tended Fund Facility (EFF) from the first week of May 2015...

    “Late session profit-taking ahead of outcome for bail renewal request of key political leader case in London played a catalyst role in bearish activity at the KSE...

  • PPL earnings jump; Hubco profit slips

    KARACHI: Pakistan Petroleum Ltd (PPL) on Thursday reported that its earnings per share (eps) for the third quarter (3QFY17) of this fiscal year recorded an increase of 87 per cent year-on-year (YoY) to Rs3...

    Pre-tax profit of the company rose by 79pc while lower effective tax rate led to 87pc increase in after tax earnings...

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