K-Electric Limited Introduces 7-Year Sukuk with 3M KIBOR+1.7% Profit Rate

Karachi,K-Electric Limited has launched a 7-Year Sukuk, KELSC5, with a profit rate based on 3M KIBOR plus 1.7%. The total issue size of this Sukuk is Rs. 25,000,000,000, and the next coupon date is set for 03-11-2023.

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Pakistan Emphasizes Diplomacy for Iran Nuclear Issue

Islamabad: Pakistan has reiterated that the Iran nuclear issue should be addressed through peaceful means. The remarks were made by Pakistan's Permanent Representative to the UN, Asim Iftikhar Ahmad, while speaking on the Security Council Vote on the ...