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Karachi, (PPI Bot): Mughal Iron & Steel Industries Limited has placed a five-year Sukuk, MUGHALSC, with a total issue size of PKR 3 billion and an outstanding principal of PKR 2.4375 billion. The Sukuk offers a profit rate of 3M KIBOR+1.3%, and the next coupon is due on 02-Dec-2023. Each Sukuk certificate has a face value of PKR 1,000,000.
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