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Agha Steel Industries Limited Issues Sukuk Security

Karachi, Agha Steel Industries Limited has launched a Sukuk security (AGSILSC) with a market lot of 1 and a face value of Rs. 1,000,000. This six-year tenor security offers a profit rate of 3M KIBOR+0.8%. The total issue size is Rs. 5,000,000,000, with an outstanding principal of Rs. 3,750,000,000. The next coupon date is set for 09-01-2024.

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Aurangzeb Engages with U.S. Development Finance Corporation for Enhanced Sectoral Projects

Islamabad: Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, engaged with representatives of the U.S. International Development Finance Corporation in Washington, D.C. This meeting aimed to seek expedited support for priority priva...