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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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Shareholder Reports Significant Loss of Share Certificates at Mahmood Textile Mills
Karachi: Mahmood Textile Mills Limited has announced the loss of a substantial number of shares by one of its shareholders, Mr. Muhammad Muzaffar Iqbal. The shareholder reported the loss of share certificates covering a total of 208,259 shares, a sign...
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