Saturday, 3 May 2014

Pakistan to issue US$458 million Sukuk

The Government of Pakistan is all set to issue Soverign Ijarah Sukuk up to PKR45 billion (around US$ 458 million) during the first week of May. It will be the country’s first Sukuk issue during calendar year 2014. The three-year Sukuk offers an opportunity to those who are keen in investing Shariah compliant instruments. Backed by the M3 motorway, the issue is aimed at meeting the country’s growing financial needs as well as providing investment opportunities to the Islamic banking industry. To read the details  visit

1 comment: