HUBCO via its subsidiary issues Islamic Shariah Compliant discounted Sukuk of Rs.6 bln

News Image

MG News | November 13, 2020 at 10:44 AM GMT+05:00

0:00

November 13, 2020 (MLN): The Hub Power Company Limited through its wholly owned subsidiary, Hub Power Holdings Limited, has executed and issued an Islamic Shariah compliant discounted Sukuk of Rs. 6,000 Million.

This Sukuk is partnered with Arif Habib Limited as its Arranger, Meezan Bank Limited as Shariah Advisor and is subscribed by financial institutions, investment companies and other eligible institutions.

According to the notice issued by the company to PSX, the purpose of this Sukuk is to finance the ongoing capital requirements of the company.

Copyright Mettis Link News

Related News

Name Price/Vol %Chg/NChg
KSE100 138,412.25
167.69M
0.32%
447.43
ALLSHR 85,702.96
423.92M
0.15%
131.52
KSE30 42,254.84
82.09M
0.43%
180.24
KMI30 194,109.59
84.37M
0.15%
281.36
KMIALLSHR 56,713.67
217.03M
0.03%
16.37
BKTi 37,831.34
13.04M
1.62%
603.62
OGTi 27,440.63
3.93M
-0.09%
-23.70
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 118,670.00 119,440.00
118,260.00
375.00
0.32%
BRENT CRUDE 71.98 73.17
71.75
-0.53
-0.73%
RICHARDS BAY COAL MONTHLY 96.50 0.00
0.00
2.20
2.33%
ROTTERDAM COAL MONTHLY 104.50 104.50
104.50
-0.30
-0.29%
USD RBD PALM OLEIN 998.50 998.50
998.50
0.00
0.00%
CRUDE OIL - WTI 68.69 69.79
68.45
-0.52
-0.75%
SUGAR #11 WORLD 16.40 16.58
16.40
-0.19
-1.15%

Chart of the Day


Latest News
July 30, 2025 at 04:11 PM GMT+05:00

PSX Closing Bell: You Can’t Always Get What You Want


July 30, 2025 at 03:47 PM GMT+05:00

CCP resolves 223 cases, recovers Rs360m


July 30, 2025 at 03:15 PM GMT+05:00

SBP keeps policy rate unchanged at 11%


July 30, 2025 at 03:09 PM GMT+05:00

LSE Capital exits Ensmile Limited


July 30, 2025 at 03:06 PM GMT+05:00

PMYP, PILDAT sign landmark LOI to strengthen youth



Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg