K-Electric LIMITED has introduced AZ Sukuk after the success of AZM TFC. This offer will give a high rate of return accompanied with flexible options (Tenor, Early purchase/Redemption option, Tradability for all the three Stock Exchanges. This type of offer has been introduced for the first time in Pakistan that will give more value for your money.
The investment is offered through IPO with a long term entity rating of A+ by JCR-VIS and Sukuk rating of A+ by JCR-VIS and Islamic International Rating Agency (Bahrain). This allows the customer to approach the company or the Bankers regarding any issue of the Stock Exchanges. The profit payment will be received monthly for 13 months Sukuk and quarterly for 3 and 5 months Sukuk.
The application can be submitted electronically by the customers of Habib Bank Limited through HBL Net Banking. The subscription is open from February 24th, 2014 till May 23rd, 2014. The form can be submitted online at the link http://www.hblibank.com.
This offer has been approved by the Sharia Advisory Board consisting of Prof. Mufti Muneeb-ur-Rehman, Dr Zubair Usmani, Mufti Muhammad Yahya Asim and Mufti Irshad Ahmad Aijaz.
For further details contact:
Ph: 111-537-222, 32439400.
Website: ke.com.pk/investor/sukuk/