⚡ Flash Summary

BankIslami has announced the book closure for its Ehad Sukuk I (BIPLSC) to determine profit payment eligibility. The transfer books will be closed from November 29, 2025, to November 30, 2025, inclusively. Transfer requests received by CDC Share Registrar Services by the close of business on November 28, 2025, will be considered for entitlement. This closure impacts those seeking to receive profit payments on the Sukuk.

📌 Key Takeaways

• 📅 Book closure dates: November 29, 2025 – November 30, 2025.
• ✅ Purpose: To determine entitlement for profit payment on BankIslami Ehad Sukuk I (BIPLSC).
• 🏦 Sukuk issuer: BankIslami.
• 📜 Sukuk name: BankIslami Ehad Sukuk I.
• ➡️ Last date for transfer requests: November 28, 2025.
• 🏢 Registrar: CDC Share Registrar Services Limited.
• 📍 Registrar location: Karachi, Pakistan.
• ℹ️ Addressee of the notice: General Manager, Pakistan Stock Exchange Limited.
• 📑 Reference number of notice: BIPL/CSD/2025/277.
• 🗓️ Date of notice: November 12, 2025.
• 👤 Company Secretary: S.M. Hasan Rizvi.
• ✉️ Copies sent to: Commissioner (SECP), Sukuk Trustee, Head of Operations (CDC), and Manager (CDC Share Registrar).
• 🌐 Bank’s website: www.bankislami.com.pk

🎯 Investment Thesis

Based solely on this announcement, a HOLD recommendation is appropriate. The notice provides no new information to warrant a change in investment stance. A more informed decision would require a comprehensive analysis of BankIslami’s financial performance, the terms of the Sukuk, and the broader economic environment. The price target and time horizon remain unchanged pending further information.