NCPL to issue Rs2.5bn sukuk.
KARACHI -- Nishat Chunian Power Ltd (NCPL) plans to issue sukuk of up to Rs2.5 billion, the company announced in a notice issued on stock exchange.
NCPL has appointed BankIslami as the lead adviser for the transaction which will be structured on Musharakah basis. The two-year sukuk issue will offer semi-annual profit payments with a floating...
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