Govt raises Rs114bn through local Sukuk

The government has raised Shariah-compliant domestic Sukuk bonds to generate Rs114 billion.

The total received bids for domestic Sukuk bonds stand at Rs233 billion but the government preferred to raise only Rs114 billion because of a lack of asset-backed guarantees.

Read more: https://www.thenews.com.pk/print/1140688-govt-raises-rs114bn-through-local-sukuk