AsiaNet-Pakistan Premier Editorial Content and Press Release Distribution Service
Karachi: BankIslami has announced the book closure dates for its Ehad Sukuk II (BIPLSC2) to finalize the entitlements for an upcoming profit payment due on July 31, 2024.
In preparation for this profit payment, the transfer books for Ehad Sukuk II will be closed from July 30, 2024, to July 31, 2024. According to information available from the Pakistan Stock Exchange (PSX), all transfer requests must be submitted to F.D. Registrar Services (Pvt) Ltd in Karachi by the close of business on July 29, 2024, to be processed in time for the profit distribution.
This closure is a routine part of managing profit payments to Sukuk holders, ensuring that all transfers are accounted for before the payment date. BankIslami has taken steps to communicate this information clearly to all relevant parties, ensuring compliance with regulatory requirements and facilitating timely profit distribution.