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Karachi, Agha Steel Industries Limited has released Sukuk worth Rs. 5,000,000,000 in privately placed debt securities, with an outstanding principal of Rs. 3,750,000,000. Each Sukuk unit has a face value of Rs. 1,000,000, a maturity period of 6 years, and offers a profit rate of “3M KIBOR+0.8%”. The next coupon payment for these Sukuks is due on 09-01-2024.
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