Mughal Iron & Steel Industries Limited Rolls Out 5-Year Sukuk for Expansion

Karachi, Mughal Iron & Steel Industries Limited has introduced a 5-Year Sukuk, MUGHALSC, to support its expansion and growth initiatives. With an issuance size of Rs. 3 billion and a face value of Rs. 1 million per unit, this Sukuk is set for its next coupon date on June 2, 2024. This financial instrument is part of Mughal Steel’s strategy to leverage Islamic financing for its development projects, underscoring the company’s commitment to sustainable growth through strategic financial planning.

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Ghariwal Cement Shareholder Reports Loss of Share Certificate

Karachi: A shareholder of Ghariwal Cement Limited has officially reported the loss of a share certificate covering fifteen shares, according to a recent notice issued by the company. The lost certificate, under Folio No. 2489, was reported by M/s Moha...

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