BankIslami Announces Book Closure for Sukuk Profit Payment

Karachi: BankIslami Pakistan Limited has announced the book closure period for the BankIslami Ehad Sukuk I (BIPLSC), according to a formal notice from the company. The closure is scheduled to take place from October 30, 2026, to October 31, 2026, both days inclusive, as part of the process to determine entitlement to the profit payment as of October 31, 2026.

Transfer requests must be submitted to CDC Share Registrar Services Limited, located at the Head Office, CDC House, 99-B, Block "B", S.M.C.H.S., Main Shahrah-e-Faisal, Karachi, by the close of business on Thursday, October 29, 2026. These requests will be processed in time for the entitlement determination for the transferees.

According to information available from the Pakistan Stock Exchange (PSX), BankIslami's announcement pertains specifically to the BIPLSC financial instrument, a key component of the market's designated Islamic finance category.

This scheduled closure is a routine measure to ensure that all entitlements are accurately accounted for, and it reflects the company's adherence to its financial commitments and regulatory requirements.