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KARACHI: Federal Minister for Finance and Revenue, Muhammad Aurangzeb, has announced the launch of Pakistan’s first Green Sukuk bond, aimed at financing environmentally sustainable projects. Speaking via video link at the Pakistan Stock Exchange (PSX), the minister congratulated the PSX team as the market closed at a record high, reflecting strong investor confidence. Step Toward …
Continue reading “Pakistan Launches First-Ever Green Sukuk Bond to Fund Climate Projects”
KARACHI: Jazz, a major telecom operator in Pakistan, completed its second unsecured, privately placed Sukuk issuance, raising PKR 15 billion. This short-term Sukuk, backed by Askari Bank, was oversubscribed by four times, indicating strong demand from non-bank investors and confidence in Jazz’s market position. Largest Short-Term Sukuk in Telecom Sector The Sukuk issuance is the largest …
Continue reading “Jazz Completes PKR 15 Billion Sukuk Issuance to Drive 4G Expansion”
