Karachi: In a recent notification, the Pakistan Stock Exchange announced the temporary suspension of trading activities related to the Government of Pakistan Ijarah Sukuk (GIS) issued on May 19, 2025. The suspension comes as the first rental payment for the Green Sukuk - VRR Variable Rental Rate (GVR) GIS is scheduled for November 19, 2025.

According to information available from the Pakistan Stock Exchange (PSX), the trading halt will commence on November 14, 2025, and extend through November 18, 2025. This pause applies to the security code P03GVR190528, which pertains to the three-year Green Variable Rate Sukuk maturing on May 19, 2028. The notification further highlighted that the clearing and settlement at the National Clearing Company of Pakistan Limited (NCCPL), as well as movements in Sub Accounts and Investor Accounts at the Central Depository Company (CDC), will also be suspended during this period.

The designated market category for this announcement remains unchanged, ensuring that all market participants are duly informed of the impending adjustments. The shut period for CDC activities related to this Sukuk will begin on November 17, 2025, and conclude on November 18, 2025, aligning with the overall suspension schedule.

All stakeholders and eligible investors are advised to take note of these dates to align their trading and settlement activities accordingly.