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Karachi: K-Electric Limited has introduced its Sukuk, labeled KELSC5, with a face value of 5,000 and a tenor of 7 years. The profit rate is determined by the 3M KIBOR plus 1.7%. The company has reported a total issue size of Rs. 25,000,000,000 with an outstanding principal of Rs. 23,750,000,000. The subsequent coupon date is 03-11-2023.
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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...