NRL raises Rs10bn through first-ever Sukuk to fund working capital
National Refinery Limited (NRL) has successfully raised PKR 10 billion through its first-ever capital market debt issuance, issuing a rated, unsecured, privately placed short-term Sukuk to diversify its funding sources and support working capital req
July 30, 2026 (MLN): National Refinery Limited (NRL) has successfully raised PKR 10 billion through its first-ever capital market debt issuance, issuing a rated, unsecured, privately placed short-term Sukuk to diversify its funding sources and support working capital requirements. In a notice to the Pakistan Stock Exchange (PSX) on Thursday, the company said the Sukuk carries a tenor of six months and is priced at 3...