Sukuk

The government raises Rs584.5 billion in auctions of treasury bills, investment loans and sukuk – Trendy Blogger

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The government raises Rs584.5 billion in auctions of treasury bills, investment loans and sukuk – Trendy Blogger

The government obtained Rs584.5 billion through the auction of treasury bills (T-bills), Pakistan Investment Bonds (PIBs), and Government Islamic Sukuk (GIS). This included Rs434 billion from treasury bills, Rs11.9 billion from general treasury bonds, and Rs138 billion from GIS auction across all periods. The GIS auction, conducted by the Pakistan Stock Exchange (PSX), attracted strong … Read more

Mughal Energy Company Limited announces the issuance of Sukuk worth INR 2.5 billion – Trendy Blogger

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Mughal Energy Company Limited announces the issuance of Sukuk worth INR 2.5 billion – Trendy Blogger

Islamabad: Mughal Energy Company Limited announced plans to issue sukuks worth 2.5 billion rupees, after its board of directors approved amending the terms and structure of the issuance. The company disclosed this development to the Pakistan Stock Exchange (PSX) on Monday. According to the notice, the sukuk will be offered to the company’s existing shareholders … Read more