Karachi: In a recent announcement, Bankislami has declared the book closure period for its Ehad Sukuk II (BIPLSC2) to facilitate the determination of entitlements for the upcoming monthly profit payment. The notice was published on October 19, 2026, and details the procedure for stakeholders to ensure their inclusion in the profit payment process.

According to the announcement, the transfer books for Ehad Sukuk II will be closed from October 30, 2026, to October 31, 2026, inclusive of both dates. This temporary book closure is to ascertain the entitlement of investors as of October 31, 2026, for the monthly profit distribution.

Transfer requests related to the Ehad Sukuk II received at F.D. Registrar Services (Pvt.) Ltd., located on the 17th Floor of Saima Trade Tower-A on I.I. Chundrigar Road, Karachi, by the close of business on Thursday, October 29, 2026, will be processed in time for the entitlement.

According to information available from the Pakistan Stock Exchange (PSX), the financial instrument in question, Bankislami Ehad Sukuk II, is a part of the designated market category of debt securities. This category is crucial for investors seeking consistent income through structured financial products.

The announcement underscores the importance for investors to act promptly and ensure their transfer requests are submitted by the specified deadline to be eligible for the profit distribution.