BankIslami Pakistan Limited Announces Book Closure for Ehad Sukuk II

Karachi: BankIslami Pakistan Limited has announced the book closure period for its Ehad Sukuk II (BIPLSC2) to determine entitlement to the profit payment as of January 31, 2025. This decision was made public through a notice issued by the bank, highlighting that the transfer books will be closed from January 30, 2025, to January 31, 2025, inclusive of both days.

The bank has specified that any transfer requests received at F.D. Registrar Services (Pvt.) Ltd, located in Karachi, by the close of business on January 29, 2025, will be duly processed. This ensures that the transferees are entitled to the profit payment. The designated market category for BankIslami Ehad Sukuk II (BIPLSC2) remains a focal point for investors seeking to gain from this opportunity.

According to information available from the Pakistan Stock Exchange (PSX), this announcement is significant for stakeholders and investors who are tracking the performance and entitlements associated with the BankIslami Ehad Sukuk II. The timely processing of transfer requests is crucial for ensuring that the entitlements are accurately distributed to the rightful owners.

BankIslami’s Ehad Sukuk II is a vital financial instrument for investors looking for Shariah-compliant investment avenues. This announcement of the book closure is part of the bank's routine process to manage profit payments efficiently and transparently. The bank continues to maintain its commitment to providing clear and timely information to its investors and stakeholders.