Trading Suspension Announced for GoP Ijarah Sukuk Due to Maturity Payment

Karachi: The Pakistan Stock Exchange (PSX) has announced the suspension of trading activities for the 1 Year Ijarah Sukuk, symbol code P01GIS250725, due to the maturity payment scheduled for July 25, 2025. The suspension is set to affect trading, clearing, and settlement processes, impacting market participants and investors.

The maturity payment for the Discounted GIS P01GIS250725, which was originally issued through a primary market auction on July 26, 2024, is due to be made to all eligible investors. As a result, the trading activities at PSX will be suspended from July 22, 2025, to July 24, 2025. During this period, the clearing and settlement processes at the National Clearing Company of Pakistan Limited (NCCPL) and movement in Sub Accounts Investor Accounts at the Central Depository Company (CDC) will also be paused.

Market participants have been duly informed of the schedule to ensure a smooth transition during this period. According to information available from the Pakistan Stock Exchange (PSX), the shut period for the relevant GIS will be observed at the CDC from July 23, 2025, to July 24, 2025.

The announcement aims to provide clarity and prevent any disruptions in the trading and settlement processes. The designated market category for the Ijarah Sukuk falls under fixed-income securities. Investors are advised to make necessary arrangements in advance to accommodate the suspension period.