Tag Archives: Will Sukuk auction on stock market ‘threaten’ Islamic bank deposits?

KARACHI: The overwhelming success of the first-ever auction of Ijarah Sukuk on the Pakistan Stock Exchange (PSX) in the outgoing week has given rise to speculations that depositors are likely to withdraw their investments from Islamic banks and invest directly in government debt for better returns. As opposed to the earlier practice where only commercial banks would place bids for …

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