K-Electric Introduces 7-Year Sukuk

Karachi: K-Electric Limited has introduced its Sukuk, labeled KELSC5, with a face value of 5,000 and a tenor of 7 years. The profit rate is determined by the 3M KIBOR plus 1.7%. The company has reported a total issue size of Rs. 25,000,000,000 with an...

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Bank Al Habib Limited Introduces Tier-I TFC

Karachi: Bank Al Habib Limited has announced a Tier-I TFC with the symbol BAHLTFC9. The face value is set at 5,000. This TFC is perpetual with a profit rate of 6M KIBOR + 1.65%. The total issue size and outstanding principal both stand at 7,000,000,00...

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