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K-Electric Limited Highlights 7-Year Sukuk Performance

Karachi, K-Electric Limited’s Sukuk, represented by KELSC5, has a market lot of 1 and a face value of Rs. 5,000. This 7-year tenor security carries a profit rate of 3M KIBOR+1.7%. The total issue size is Rs. 25,000,000,000 with an outstanding principal of Rs. 23,750,000,000. The next coupon date is slated for 03-11-2023.

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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...