SBP to Conduct OMO (Shariah Compliant Mudarabah)

MG News | April 17, 2023 at 11:36 AM GMT+05:00

Add Mettisglobal as a Trusted Source on Google

0:00

April 17, 2023 (MLN): The State Bank of Pakistan (SBP) has invited quotes for Open Market Operations (OMO) for Shariah-Compliant Mudarabah-based OMO injection.

All Islamic Banks and Islamic Bank Branches are eligible for the Shariah Complaint OMO.

Quotes Timings for Shariah Compliant OMO: From 11:00-11:30 hours

Quotes Tenor: 11-day Maturity Date: April 28, 2023

OMO result will be announced at 1200 hours

It is important to note that the quotes can be rejected without assigning any reason.

Copyright Mettis Link News

Related News

Pakistan's marine bunkering push gains momentum at Gwadar

Punjab unveils Rs9.7bn rail safety plan, expands joint railway projects

SECP unveils updated Master Circular, raises investment limits

Name	Price/Vol	%Chg/NChg
KSE100	177,623.88 478.02M	-0.36% -638.45
ALLSHR	107,472.27 954.45M	-0.34% -365.17
KSE30	53,131.56 115.62M	-0.41% -216.11
KMI30	250,814.93 150.64M	-0.28% -695.43
KMIALLSHR	68,971.49 608.41M	-0.29% -202.37
BKTi	50,769.48 23.80M	-0.58% -295.25
OGTi	34,999.12 6.26M	-0.71% -249.30

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	63,925.00	64,810.00 62,680.00	-1040.00 -1.60%
BRENT CRUDE	83.70	88.06 82.52	-4.66 -5.27%
RICHARDS BAY COAL MONTHLY	105.75	0.00 0.00	-1.55 -1.44%
ROTTERDAM COAL MONTHLY	120.00	0.00 0.00	0.25 0.21%
USD RBD PALM OLEIN	1,175.00	1,175.00 1,175.00	0.00 0.00%
CRUDE OIL - WTI	78.70	82.43 77.78	-3.91 -4.73%
SUGAR #11 WORLD	14.57	14.70 14.50	-0.01 -0.07%