Govt aims for Rs350-400bn in Ijara Sukuk auction
The State Bank of Pakistan (SBP) has invited Islamic banks and Islamic banking branches to an auction for the outright purchase of GoP Ijara Sukuk by the government on a deferred payment (Bai Muajjal) basis, with a target of Rs350-400bn for a three-y
October 26, 2026 (MLN): The State Bank of Pakistan (SBP) has invited Islamic banks and Islamic banking branches to an auction for the outright purchase of GoP Ijara Sukuk by the government on a deferred payment (Bai Muajjal) basis, with a target of Rs350-400bn for a three-year tenor. The competitive auction will be held on October 27, while the non-competitive auction takes place today, October 26. According to the...