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Karachi: Bank Islami Pakistan Limited has issued a perpetual Sukuk, BIPLSC, with a market lot of Rs. 5,000. The profit rate is based on the 3M KIBOR + 2.75%. This instrument has an issue size of Rs. 2,000,000,000, which is also the total outstanding principal. The next coupon date for this Sukuk is scheduled for 01-12-2023.
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