Karachi: The Pakistan Energy Sukuk - II announced the distribution of its tenth profit rental payments to shareholders for the period from November 21, 2024, to May 20, 2025. The total gross rental payments amounted to 13.43 billion, with net rental payments totaling 13.41 billion after tax deductions of 15.80 million.
Major institutions and banking entities featured prominently in the payout list. Habib Bank Limited - Islamic Banking received the highest net rental payment of 2.69 billion from an investment amount of 40 billion. Faysal Bank Limited followed, receiving a net payment of 671.44 million for a 10 billion investment.
Bank Al-Habib Limited - Islamic Banking Division and Meezan Bank Limited were also among the top recipients, with net payments of 1.42 billion and 2.50 billion, respectively. The investments for these entities were 21.10 billion and 37.16 billion.
According to information available from the Pakistan Stock Exchange (PSX), Dubai Islamic Bank Pakistan Limited received a significant net payment of 1.54 billion for an investment of 23 billion. Similarly, Bank Alfalah Limited - Islamic Division secured 805.72 million from a 12 billion investment.
Among other notable recipients, Al Baraka Bank (Pakistan) Limited and Allied Bank Limited (Islamic Banking) collected net rentals of 911.44 million and 570.72 million, respectively. Their investments were 13.57 billion and 8.50 billion.
The designated market category observed substantial activity, with significant payouts to various employee provident funds and income funds. For instance, the CDC - Trustee Meezan Islamic Income Fund received a net payment of 403.75 million, while the CDC - Trustee NBP Islamic Mahana Amdani Fund secured 13.43 million.
The total investment in the Pakistan Energy Sukuk - II for this rental period amounted to 199.97 billion, reflecting the extensive participation from diverse financial institutions and provident funds.