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
ECC Allocates Rs 5 Billion for Daanish Schools Authority Fund
Islamabad: The Economic Coordination Committee of the Cabinet has approved measures involving 11.6 billion rupees. According to Radio Pakistan, the Committee, which met in Islamabad, approved 6.6 billion rupees for the purchase of 30 bullet-proof ve...