Green Sukuk Trading Suspended Ahead of Rental Payment

Karachi: Trading of the Green Sukuk - VRR Variable Rental Rate (GVR) GIS, scheduled to mature on May 19, 2028, will be temporarily suspended on the Pakistan Stock Exchange (PSX) from November 16 to November 18, 2026. This suspension is in anticipation of the first rental payment due to eligible investors on November 19, 2026.

According to information available from the Pakistan Stock Exchange (PSX), the suspension will also affect clearing and settlement activities at the National Clearing Company of Pakistan Limited (NCCPL). Additionally, there will be a shutdown of movement in Sub Accounts and Investor Accounts at the Central Depository Company (CDC) from November 17 to November 18, 2026.

The designated market category for this trading suspension is the Green Sukuk, which aligns with Pakistan's broader efforts to promote environmentally sustainable financial instruments. The temporary halt in trading, clearing, and settlement is a routine measure to ensure the smooth processing of the upcoming rental payment for the GIS issued on May 19, 2025, through a primary market auction at PSX.