Sukuks
- PKR denominated Sukuk
- Fixed/Variable profit rate
- Tenure: 1 to 10 Years
PMRC issues Sukuk, in order to provide long term funding to its Islamic Partner Financial Institutions (IPFIs). It enables its IPFIs to pass on the benefits of attractive rates to their investors.
The issuance of these securities shall support the growth of the refinance business and play a positive role in the development of the capital market. In order to be an acceptable and sustainable capital market issuer, PMRC intends to capitalize on its key strengths which include a strong business model, stable shareholders and a remarkable balance sheet.
| Instrument | Pak Rupees (Mn) | Issue Date | Maturity Date |
|---|---|---|---|
| Sukuk – I | 3,100 | March 2021 | March 2024 |
| Sukuk – II | 1,000 | April 2021 | April 2024 |
