PHL SUKUK ISSUE LAUNCHED THROUGH PSX

Karachi: Power Holding Limited (PHL), a public sector entity fully owned by the Ministry of Energy, is issuing a debt instrument to address the liquidity constraints being faced by Pakistan’s power sector. This will be the first ever debt issuance through book building in PSX’s history and represents an important… Continue reading

Pakistan Stock Exchange lists largest ever Sukuk issue

ISLAMABAD: Pakistan Energy Sukuk-I (PES-I) issue of Rs200 billion got listed at the Pakistan Stock Exchange (PSX). PES-I is the largest Shariah compliant financial instrument ever listed at a stock exchange in Pakistan. The Sukuk is issued by Power Holding Limited (PHL), a company fully owned by the Government of… Continue reading