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The economy of Pakistan is categorized as a developing economy. It ranks as the 24th-largest based on GDP using purchasing power parity (PPP) and the 43rd largest in terms of nominal GDP. With a population of 254.4 million people as of 2024, Pakistan's position at per capita income ranks 161st by GDP (nominal) and 138th by GDP (PPP) according to the International Monetary Fund (IMF).
Sukuk is the Arabic name for financial certificates, also commonly referred to as "sharia compliant" bonds. Sukuk are defined by the AAOIFI as "securities of equal denomination representing individual ownership interests in a portfolio of eligible existing or future assets." The Fiqh academy of the OIC legitimized the use of sukuk in February 1988.
The KSE-100 Index is a total return stock index acting as a benchmark to compare prices on the Pakistan Stock Exchange (PSX) over a period.
Karachi is the financial and industrial capital of Pakistan. As of 2019, Karachi has an estimated GDP (PPP) of $164 billion. The city accounts about half of the total collections of the Federal Board of Revenue, out of which, approximately half are customs duty and sales tax on imports. Karachi produces about 30 percent of value added in large-scale manufacturing, 25% of the GDP, the World Bank identified Karachi as the most business-friendly city in Pakistan. In 2010, research by the global human resources company Mercer found Karachi to be the most inexpensive city in the world.
Pakistan State Oil is a Pakistani petroleum corporation involved in marketing and distribution of petroleum products. It has a network of 3,689 petroleum filling stations, out of which 3500 outlets serve the public retail sector and 189 outlets serve wholesale bulk customers. It is the largest fuel marketing company of Pakistan.
The Hub Power Company Limited, colloquially known as Hubco, is a Pakistani power company based in Karachi, Sindh. It was the first independent power producer (IPP) established in Pakistan, and before the termination of its energy agreement in October 2024, it was the largest IPP in the country.
Meezan Bank Limited is a Pakistani Islamic bank headquartered in Karachi. It is the largest Islamic bank and the largest bank based on market capitalization in Pakistan.
Askari Bank Limited is a Pakistani commercial and retail bank headquartered in Islamabad. It is a subsidiary of Fauji Fertilizer Company which is part of Fauji Foundation.
Mari Energies Limited, formerly Mari Petroleum Company Limited, and commonly known as Mari, is a Pakistani energy company based in Islamabad. It is controlled by the Fauji Foundation with 40 percent shares. It primarily operates in exploration, development and production of hydrocarbon products. It is listed and traded on the Pakistan Stock Exchange.
Fauji Foundation, also known as Fauji Group, is a Pakistani conglomerate based in Rawalpindi. It is active in fertilizer, cement, food, power generation, gas exploration, LPG marketing and distribution, financial services, security services and provides womb-to-tomb benefits to retired servicemen of Pakistan Armed Forces and their families.
The KSE-30 Index is a stock market index which tracks the performance of the top 30 most liquid companies listed on the stock exchanges in Pakistan. The index is based on a free float methodology in differentiation to other indices based of paid-up capital.
Pakistan Refinery Limited (PRL) is a Pakistani oil refinery based in Karachi. Founded in May 1960, it is traded on the Pakistan Stock Exchange.
Lucky Cement Limited, also known as Lucky Group, is a Pakistani conglomerate headquartered in Karachi, Sindh. Named after the place, Lakki Marwat, where the first plant was commissioned in 1993, Lucky has become one of the largest cement producers in Pakistan. It has 15.3 million tonnes per annum of manufacturing capacity. The company is listed on the Pakistan Stock Exchange.
Fauji Fertilizer Company Limited (FFC) is a Pakistani fertilizer manufacturer based in Rawalpindi. It is a subsidiary of the Fauji Foundation.
Cnergyico Pk Limited, formerly Byco Petroleum Pakistan Limited and Bosicor Pakistan Limited, is a Pakistani petroleum refinery based in Karachi. It is a subsidiary of the Mauritian company Cnergyico Industries Incorporated.
The Pakistan Stock Exchange (PSX), founded as Karachi Stock Exchange (KSE), is a stock exchange based in Karachi, Pakistan. PSX was classified by MSCI as a frontier market on 8 September 2021.
The S&P BSE 500 Shariah Index is an Indian stock market index that represent all Shariah compliant companies of the broad-based S&P BSE 500 index. The index is part of the family of S&P Shariah indices with the S&P 500 Shariah, S&P Europe 350 Shariah, and S&P Pan Asia Shariah among others. The S&P BSE 500 consists of 500 of the largest, most liquid Indian stocks trading at the Bombay Stock Exchange (BSE). The index represents nearly 93% of the total market capitalization on the exchange across a broad range of industries.
Muhammad Arif Habib is a Pakistani stock trader who founded the Arif Habib Group. He also serves as member of Boards of Governors of Karachi School of Business and Leadership (KSBL).
Engro Polymer & Chemical Limited is a Pakistani polymer manufacturing company based in Karachi, Pakistan. It is a subsidiary of Engro Corporation with a local market share of more than 70%.
The PSX Dividend 20 Index is a stock index acting as a benchmark to compare prices on the Pakistan Stock Exchange (PSX) over a period. PSX Dividend 20 Index benchmark top 20 dividend paying companies at PSX based on the last 12-month dividend yield.
References
- ↑ "KSE Meezan Index Fund".
- ↑ "No, the stock market is not an accurate indicator of the economy". Profit by Pakistan Today. 22 August 2021.