Zarea raises Rs1bn through Sukuk

January 26, 2026 (MLN): Tapping Pakistan’s Islamic capital market to secure Shariah-compliant funding, Zarea Limited (PSX: ZAL) has successfully raised Rs1 billion through a Sukuk issuance, according to the Company's filing on PSX revealed today. 

The Sukuk marked a significant funding milestone for the agri-tech company, which operates a digital platform connecting farmers, manufacturers and retailers across Pakistan’s agricultural supply chain.

While the company has not disclosed details regarding the Sukuk’s tenor, profit rate or use of proceeds, the issuance has been structured in accordance with Shariah principles and applicable regulatory requirements.

The Sukuk has been assigned a credit rating of A-1 by Pakistan Credit Rating Agency Limited (PACRA), reflecting the Company’s strong credit profile and sound governance framework.

This successful issuance strengthens the Company’s liquidity and balance sheet and is expected to contribute positively to its profitability and overall financial performance.

The Sukuk was entirely subscribed by institutional investors, further reinforcing market confidence in the Company’s financial strength, operational performance, and long-term growth prospects.

Furthermore, the issuance underscores the Company’s commitment to diversifying its funding mix through Shariah-compliant financing instruments.

Zarea Limited is headquartered at the National Aerospace Science & Technology Park (NASTP) in Lahore and focuses on improving efficiency and transparency within the agricultural value chain through technology-driven solutions.

The company continues to expand its footprint as digital adoption in agri-commerce accelerates across the country.

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