Faysal Bank to issue Rs7bn Tier-II Sukuks

MG News | February 19, 2026 at 12:24 PM GMT+05:00

Add Mettisglobal as a Trusted Source on Google

0:00

February 19, 2026 (MLN): Faysal Bank Limited's (PSX: FABL) Board of Directors has approved the issuance of Tier-II Capital in the form of Privately Placed Shariah Compliant Sukuks worth Rs7 billion, inclusive of a Green-Shoe option of another Rs2bn.

The sukuk issuance is subject to all regulatory approvals.

The aforementioned information was disseminated through a notification to Exchange.

The bank will be seeking shareholders' approval for the conversion of these sukuks into common shares in case of Point of Non-Viability (PONV), during the upcoming Annual General Meeting scheduled to be held on March 26, 2026.

Copyright Mettis Link News

Related News

FABL Q1CY26 profit dips 2% to Rs5.3bn

Faysal Bank FY25 profit declines 6%

Name	Price/Vol	%Chg/NChg
KSE100	170,506.31 634.15M	-0.36% -609.51
ALLSHR	102,597.99 1,100.83M	-0.03% -32.82
KSE30	51,021.03 79.10M	-0.89% -457.52
KMI30	244,736.28 154.00M	-0.41% -995.51
KMIALLSHR	66,770.85 754.12M	0.18% 120.54
BKTi	46,874.09 27.88M	-0.86% -405.50
OGTi	35,621.25 6.98M	-0.23% -83.69

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	80,785.00	82,725.00 80,585.00	400.00 0.50%
BRENT CRUDE	104.02	105.99 102.81	2.73 2.70%
RICHARDS BAY COAL MONTHLY	110.00	0.00 0.00	-5.00 -4.35%
ROTTERDAM COAL MONTHLY	110.00	110.00 108.15	2.90 2.71%
USD RBD PALM OLEIN	1,191.50	1,191.50 1,191.50	0.00 0.00%
CRUDE OIL - WTI	97.69	100.37 96.13	2.27 2.38%
SUGAR #11 WORLD	14.97	14.99 14.60	0.28 1.91%