
KARACHI: In a bid to strengthen the housing finance, Pakistan Mortgage Refinance Company (PMRC) has issued Sukuk bonds worth Rs3.1 for housing finance.
According to the details, the Sukuk bonds have been issued at the rate of 8.25pc.
Speaking at the occasion, the Managing Director PMRC apprised that the issuance of Sukuk is a groundbreaking step in housing finance and is in accordance with sharia.
The issuance of Sukuk will increase the scope of housing finance in the country and will be an added option for housing finance.
For news and blogs, visit Graana.com.
Riyadh: Saudi Arabia has completed what it described as a global first in capital market…
Rawalpindi: The Rawalpindi Development Authority (RDA) has introduced strict safety measures for all construction sites…
Islamabad: The Securities and Exchange Commission of Pakistan (SECP) has registered three new Real Estate…
Riyadh: The Real Estate Future Forum opened on its first day at the Four Seasons…
Lahore: The Punjab government is planning to split the Lahore city district into two administrative…
Lahore: The Walled City of Lahore Authority has launched a large-scale conservation and restoration project…