Karachi: BankIslami Pakistan Limited has announced a temporary suspension of trading in its Sukuk, identified as [BIPLSC2], due to forthcoming book closure dates. The announcement, made on July 28, 2026, outlines the closure period set from July 30, 2026, to July 31, 2026, specifically for the profit payment associated with the financial instrument.

In accordance with this announcement, trading of the aforementioned Sukuk will be halted from July 29, 2026, and is scheduled to resume on August 03, 2026. This suspension is a standard procedure during book closure periods to ensure the smooth processing of profit payments to stakeholders.

According to information available from the Pakistan Stock Exchange (PSX), the market participants have been duly informed of this suspension. The designated market category for this financial instrument remains unaffected by this temporary trading halt.

This development is part of routine financial operations as companies manage their obligations to investors through scheduled book closures and profit disbursements.