⚡ Flash Summary
BankIslami has announced a book closure for its Ehad Sukuk II (BIPLSC2) to determine the entitlement for the monthly profit payment. The book closure will be effective from October 30, 2025, to October 31, 2025, inclusively. Transfer requests received by F.D. Registrar Services (Pvt.) Ltd by the close of business on October 29, 2025, will be considered for the profit payment. This information is relevant to TRE Certificate Holders of the Exchange.
📌 Key Takeaways
- 🗓️ Book closure announced for BankIslami Ehad Sukuk II (BIPLSC2).
- 💰 Purpose: Determine entitlement for monthly profit payment.
- 📅 Closure dates: October 30, 2025 to October 31, 2025 (inclusive).
- ✉️ Transfer requests deadline: October 29, 2025.
- 🏢 Registrar: F.D. Registrar Services (Pvt.) Ltd.
- 📍 Registrar address: Saima Trade Tower-A, I.I. Chundrigar Road, Karachi.
- 📰 Announcement published in “The News” and “The Daily Jang”.
- 📢 Information for TRE Certificate Holders.
- 📅 Announcement date: October 17, 2025.
- ℹ️ Reference number: BIPL/CSD/2025/260.
🎯 Investment Thesis
Given the announcement of book closure for profit payment, a HOLD recommendation seems appropriate. The announcement is informational and operational in nature and does not provide new insights to change the investment stance. The investment decision should be based on the overall financial health and prospects of BankIslami.
Disclaimer: AI-generated analysis. Not financial advice.