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K-Electric Limited Announces Coupon for 7-Year Sukuk

Karachi (PPI Bot): K-Electric Limited has made public its 7-year Sukuk, KELSC6, with a market lot size of 1 and a face value of 100,000 PKR. The profit rate is defined as 3M KIBOR + 1.7%. The total issue size is 6,700,000,000 PKR, which is also the current outstanding principal. The next coupon will be paid on 23-Nov-2023.

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Aurangzeb Engages with U.S. Development Finance Corporation for Enhanced Sectoral Projects

Islamabad: Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, engaged with representatives of the U.S. International Development Finance Corporation in Washington, D.C. This meeting aimed to seek expedited support for priority priva...