Karachi, K-Electric Limited has issued a seven-year Sukuk, KELSC5, with a market lot of 1 and a face value of PKR 5,000. The profit rate is tied to 3M KIBOR+1.7%, demonstrating the company's strategic funding initiatives. The issue size stands at PKR 25,000,000,000, with an outstanding principal of PKR 23,750,000,000. Sukuk holders can anticipate the next coupon on 03-02-2024.