Trading Markets

Local currency Pakistani sukuk

Trading Market reported on 7 April that three local Islamic banks arranged Rs 91 bn Sukuk in Pakistan: Meezan Bank participated in Rs 57 bn worth of Sukuk financing. Dubai Islamic Bank during the year 2006-07, arranged Sukuks worth Rs 24 bn, which is 41% of the total domestic Sukuk issuances. BankIslami managed Rs. 5 bn in the last quarter of 2007.

Source: http://www.tradingmarkets.com/.site/news/Stock%20News/1316415/

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