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Tag Archives: Govt may issue Ijara Sukuk next month to raise Rs700bn

Govt may issue Ijara Sukuk next month to raise Rs700bn


December 16, 2019

ISLAMABAD: The government is expecting to raise up to Rs700 billion next month through domestic Ijara Sukuk to support its budgetary position and deepen the Islamic banking industry. A senior government official told Dawn that the Ministry of Finance would give a detailed presentation to the coming meeting of the federal cabinet about the country’s debt profile and an attractive opportunity to …

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