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Karachi: Bank Islami Pakistan Limited’s Sukuk Tier-I, with a face value of Rs. 5,000 per Mkt. Lot and a perpetual tenor, offers a profit rate of “3M KIBOR + 2.75%”. The total issue size for this security is Rs. 2,000,000,000, and the outstanding principal remains the same. Investors should take note of the upcoming coupon date, which is set for December 1, 2023.
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Pakistan Condemns Demolition of Century-Old Mosque in Saharanpur
Islamabad: Pakistan has strongly condemned the demolition of the century-old mosque in Saharanpur, India. Responding to media queries regarding reports of this incident, Foreign Office Spokesperson Sajjad Haider Khan stated that this action against a...