PSX says first Islamic bond auction exceeded expectations, attracting over $1.7 billion of bids

KARACHI: The Pakistan Stock Exchange (PSX) on Tuesday described the first primary market auction of the country’s one-year Ijarah Sukuk as a “resounding success” that attracted over Rs481 billion ($1.7 billion) of bids, calling it a useful addition to the product suite offered by the equity market which would further expand and solidify the investor base. Sukuk is an Islamic financial certificate that represents ownership in a tangible asset or a pool of assets. It is similar to a bond but is structured in a way that complies with Islamic law, which prohibits interest-based transactions.

Epaper_23-01-04 ISB by Pakistan Today - Issuu

ISLAMICOIN Is Not Just Revolutionizing Cryptocurrency but Is Tackling Ecommerce in the Run up to Their Pre-public Sale.

monthly Magazine for upsc

Pivot Table News, PDF, Price Of Oil

Pakistan approves 20-billion rupee fund to support stock market

Rs573m saved in PSX Sukuk auction

EpaperLHR_2020-06-19 by Pakistan Today - Issuu

PDF) Will insurtech disrupt or complement Takaful? Page 30

ECB To Speed Up Bond Purchases: For Personal, Non-Commercial Use Only, PDF, European Central Bank