PAKISTAN: K-Electric has launched a listed, short-term retail Sukuk worth PKR3 billion (US$10.58 million). The Sukuk is rated ‘A1+’ by the Pakistan Credit Rating Agency and is available for subscription from the 4th August 2025 to the 3rd September 2025. The facility offers a one-year investment tenor and a minimum investment requirement of PKR50,000 (US$176).
HBL has been appointed as the consultant to the issue, investment agent, issue agent and Shariah structuring bank.