Karachi: Faysal Bank Limited has announced the closure of its share transfer books for the Tier II Sukuk Issue, as part of its financial processes ahead of the first profit payment. This measure is set to take place from November 11, 2026, to November 25, 2026, according to a report dated November 4, 2026.

The bank has stipulated that any transfers completed and received at the office of the Share Registrar, M/s. CDC Share Registrar Services Limited, located at CDC House, 99-B, Block B, S.M.C.H.S, Main Shahrah-e-Faisal, Karachi-74400, by the close of business on November 10, 2026, will be considered timely for the determination of entitlement for the first profit payment.

According to information available from the Pakistan Stock Exchange (PSX), the closing of the share transfer books is a procedural step for the bank to finalize the list of eligible stakeholders entitled to receive the first profit payment of the Sukuk Issue, which is scheduled for November 25, 2026.

The Tier II Sukuk Issue is part of Faysal Bank's broader financial strategy, ensuring that all stakeholders are duly informed and processes are adhered to in line with regulatory requirements. The designated market category for this financial instrument remains consistent with PSX guidelines.