AsiaNet-Pakistan Premier Editorial Content and Press Release Distribution Service
Karachi, Bank Islami Pakistan Limited has issued Sukuk (Tier-I) with a perpetual tenor. The Sukuk, known as BIPLSC, is offered with a market lot of 1 and a face value of Rs. 5,000. These Islamic financial certificates come with a profit rate based on 3M KIBOR +2.75%. The total issue size is Rs. 2,000,000,000, which matches the outstanding principal. The next coupon payment for Sukuk holders is due on March 1, 2024.
Check Also
Ghariwal Cement Shareholder Reports Loss of Share Certificate
Karachi: A shareholder of Ghariwal Cement Limited has officially reported the loss of a share certificate covering fifteen shares, according to a recent notice issued by the company. The lost certificate, under Folio No. 2489, was reported by M/s Moha...
The post Ghariwal Cement Shareholder Reports Loss of Share Certificate appeared first on .