⚡ Flash Summary
BankIslami has announced a book closure for its Ehad Sukuk II (BIPLSC2) to determine the entitlement for the monthly profit payment as of November 30, 2025. The transfer books will be closed from November 29, 2025, to November 30, 2025 (both days inclusive). Transfer requests received by F.D. Registrar Services by the close of business on November 28, 2025, will be considered for entitlement. This announcement is published in “The News” and “The Daily Jang” on November 17, 2025.
📌 Key Takeaways
- 📢 Book closure announced for BankIslami Ehad Sukuk II (BIPLSC2).
- 🗓️ Book closure period: November 29, 2025 to November 30, 2025.
- 💰 Purpose: Determining entitlement for monthly profit payment.
- 📅 Entitlement date: As of November 30, 2025.
- 🏢 Transfer requests to be received by F.D. Registrar Services.
- 🏢 F.D. Registrar Services location: Saima Trade Tower-A, I.I. Chundrigar Road, Karachi.
- 📅 Deadline for transfer requests: November 28, 2025.
- 📰 Announcement published in “The News” and “The Daily Jang”.
- 📅 Publication date: November 17, 2025.
- 🌐 BankIslami’s website: www.bankislami.com.pk
🎯 Investment Thesis
HOLD. Given that this is a procedural announcement regarding the sukuk’s profit distribution, there’s no immediate reason to change the current stance. The announcement itself doesn’t provide information to change the investment thesis. Monitor BankIslami’s overall financial performance and broader economic conditions.
Disclaimer: AI-generated analysis. Not financial advice.