AsiaNet-Pakistan Premier Editorial Content and Press Release Distribution Service
Karachi: Bank Islami Pakistan Limited has introduced a perpetual Sukuk security, BIPLSC, with a single unit market lot and a face value of Rs. 5,000. The profit rate is set at 3-month KIBOR plus 2.75%. The issue size is Rs. 2,000,000,000, with the total outstanding principal being the same. The next coupon is due on 1 December 2023.
Check Also
Pakistan Ready to Collaborate for Democratic UNSC, Says Ambassador Asim
New york: Pakistan stands ready to work with Africa and all partners for a just, democratic, and representative Security Council, truly reflective of the Charter's promise and responsive to the realities of our time. This was stated by the Permanent R...