SBP to Conduct OMO Shariah Compliant Modarabah Based (Injection)
MG News | June 09, 2023 at 10:06 AM GMT+05:00
June 09, 2023 (MLN): The State Bank of Pakistan (SBP) has invited quotes for the Shariah-Compliant Mudarabah-based OMO injection.
All Islamic Banks and Islamic Bank Branches are eligible for the Shariah Complaint OMO.
OMO Tenor: 7-day Maturity Date: June 16, 2023
77-day Maturity Date: Aug 25, 2023
Quotes Timings: Upto 1045-1115 hours
OMO Result: At 1200 hours OMO Settlement: Same day (Friday, June 09, 2023)
It is important to note that the quotes can be rejected without assigning any reason.
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