AsiaNet-Pakistan Premier Editorial Content and Press Release Distribution Service
Karachi, K-Electric Limited has issued a seven-year Sukuk, “KELSC6,” to raise funds for its operations. This Islamic financial instrument has a total issue size of Rs. 6.7 billion, with an equivalent outstanding principal. With a market lot of 1 and a face value of Rs. 100,000, the next coupon date is scheduled for February 23, 2024, showcasing the company’s initiative to tap into long-term funding solutions.
Check Also
MoRA Urges Pilgrims to Renew Passports Early for Hajj 2027
Islamabad: The Ministry of Religious Affairs and Interfaith Harmony has urged intending pilgrims for Hajj 2027 to obtain or renew their passports in advance. According to Radio Pakistan, the Ministry's spokesperson, Muhammad Umar Butt, stated that t...