Bank Islami Pakistan Limited Debuts Perpetual Sukuk with 3M KIBOR+2.75% Rate

Karachi,Bank Islami Pakistan Limited has released a Perpetual Sukuk, BIPLSC, with a profit rate pegged to 3M KIBOR plus 2.75%. The total issue size stands at Rs. 2,000,000,000, and the next coupon date is slated for 01-11-2023.

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Pakistan Emphasizes Diplomacy for Iran Nuclear Issue

Islamabad: Pakistan has reiterated that the Iran nuclear issue should be addressed through peaceful means. The remarks were made by Pakistan's Permanent Representative to the UN, Asim Iftikhar Ahmad, while speaking on the Security Council Vote on the ...