Karachi: Trading in the Government of Pakistan (GoP) Ijarah Sukuk, specifically the 3 and 5 Year Fixed Rental Rate (FRR) and the 5 and 10 Year Variable Rental Rate (VRR) issues dated May 30, 2025, is set to resume on Monday, June 01, 2026. This follows the temporary suspension announced in the Pakistan Stock Exchange (PSX) notice dated May 20, 2026, due to rental payment issues.

The resumption comes with revised profit rates for the VRR Sukuk, as detailed in the latest market communication. According to information available from the Pakistan Stock Exchange (PSX), the 5 Year Variable Rental Rate Sukuk, identified by the security code P05VRR300530, will now offer a net profit rate of 11.8603%, adjusted from the previously applicable rate of 10.4600%. This adjustment aligns with the latest 6-month weighted average yield of 12.4003%, factoring in a spread of -54 basis points.

Similarly, the 10 Year Variable Rental Rate Sukuk, designated as P10VRR300535, will see its net profit rate revised to 12.0603% from the earlier rate of 10.6600%. This new rate also correlates with the same 6-month weighted average yield and incorporates a spread of -34 basis points.

The market participants are advised to update their records accordingly and prepare for the resumption of trading activities based on these revised figures. The trading halt on May 30 and 31 aligns with the weekend, ensuring a smooth transition as the market opens on June 01. The adjustments in profit rates will remain applicable until November 30, 2026.