Lahore: Zarea Limited has announced the successful issuance and disbursement of a PKR 2 billion Sukuk Certificate, according to a report dated October 7, 2026. The issuance, carried out under Section 96 of the Securities Act, 2015, and Clause 5.6.1(a) of the PSX Rule Book, marks a significant financial maneuver for the company.

The Sukuk, which is rated A-1 by the Pakistan Credit Rating Agency Limited (PACRA), highlights Zarea Limited's robust credit profile and adherence to a sound governance framework. The company's management expressed optimism that the issuance will enhance liquidity and strengthen the balance sheet, thereby positively impacting profitability and the company's financial standing.

According to information available from the Pakistan Stock Exchange (PSX), the Sukuk was fully subscribed by institutional investors. This level of subscription is indicative of strong market confidence in Zarea Limited's financial health, operational efficiency, and prospects for long-term growth.

This financial move underscores Zarea Limited's strategy to diversify its funding sources through Shariah-compliant instruments, reflecting a commitment to expanding its financial base. The issuance positions the company favorably within the designated market category, as it continues to seek innovative financing solutions.

The company's registered office is located at Delta 06 Office No. 6011, NASTP, Special Technology Zone Abid Majeed Road, Lahore Cantt., Pakistan. For further information, Mr. Syed Muhammad Akram, the Company Secretary, can be contacted at 042-32176455.