The Pakistan Global Sukuk Programme Company Limited, founded in 2016 and based in Pakistan, serves as a key facilitator for the country's sovereign sukuk (Islamic bond) issuances. This company aims to enhance financial inclusion by providing alternatives to traditional bonds aligned with Islamic finance principles.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| PKSTAN 7.95% 2029-01-31 USDThe Pakistan Global Sukuk Programme Company Limited | Pakistan | 2029-01-31 | 7.950 | 7.72 |
| PKSTAN 7.95% 2029-01-31 USDThe Pakistan Global Sukuk Programme Company Limited | Pakistan | 2029-01-31 | 7.950 | 7.72 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Since its inception, the company has launched several notable sukuk issuances, including a landmark $1 billion sukuk in 2017, which was instrumental in funding infrastructure projects within Pakistan. Currently, yields from its sukuk offerings are competitive within the industry, reflecting strong investor demand for Sharia-compliant instruments. Notable features include fixed profit rates and the backing from government assets, which have contributed to the sukuk's attractiveness in both local and international markets.