Karachi: BankIslami Pakistan Limited has announced a temporary suspension of trading for its Sukuk, designated as [BIPLSC2]. This suspension is set to take place from October 29 to October 31, 2026, in alignment with the scheduled book closure for profit payments. Trading activities are expected to resume on November 2, 2026.

The decision follows the company's notification regarding the book closure period, which spans from October 30 to October 31, 2026. During this time, profit payments for the Sukuk will be processed.

According to information available from the Pakistan Stock Exchange (PSX), the temporary halt in trading is a procedural measure to accommodate the book closure, ensuring an orderly profit distribution process for investors and stakeholders.

Market participants are advised to take note of these dates to align their trading activities accordingly. This move comes as part of routine administrative actions taken by companies to manage profit distributions and maintain transparency with investors.