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Karachi, Agha Steel Industries Limited has fortified its financial position by issuing a Sukuk worth Rs. 5 billion, with Rs. 3.75 billion currently outstanding. The security, listed as AGSILSC on the Pakistan Stock Exchange, is set for a six-year term and will reach its next coupon date on January 9, 2024. Each Sukuk has a market lot size of 1 and a significant face value of Rs. 1,000,000, underscoring Agha Steel’s commitment to leveraging Islamic financial instruments for growth.
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