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Agha Steel Industries Limited Announces Sukuk Issue

Karachi: Agha Steel Industries Limited has announced a Sukuk issue under the symbol AGSILSC. With a market lot of 1 and a face value of Rs. 1,000,000, the tenor of this Sukuk is set for 6 years. The profit rate is based on 3M KIBOR+0.8%. The total issue size amounts to Rs. 5,000,000,000, while the outstanding principal stands at Rs. 3,750,000,000. The next coupon date for this Sukuk is scheduled for 09-Jan-2024.

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