⚡ Flash Summary
BankIslami has announced the book closure for its Ehad Sukuk II (BIPLSC2) to determine profit payment entitlement. The transfer books will be closed from November 29, 2025, to November 30, 2025, inclusively. Transfer requests received by F.D. Registrar Services by the close of business on November 28, 2025, will be considered for entitlement. This notice is crucial for investors looking to receive the profit payment associated with the Sukuk.
📌 Key Takeaways
- 📅 Book closure announced for BankIslami Ehad Sukuk II (BIPLSC2).
- 🔒 Transfer books will be closed from November 29, 2025, to November 30, 2025.
- ✅ The closure is to determine entitlement to profit payment.
- 🏢 Transfer requests must be received by F.D. Registrar Services.
- 📍 F.D. Registrar Services is located at Saima Trade Tower-A, I.I. Chundrigar Road, Karachi.
- ⏱️ Deadline for transfer requests is the close of business on November 28, 2025.
- 📜 Only timely transfer requests will be treated for entitlement.
- 🏦 BankIslami is facilitating profit payment to eligible Sukuk holders.
- 📢 Notice issued by S.M. Hasan Rizvi, Company Secretary.
- 💼 The notice is addressed to the General Manager of Pakistan Stock Exchange Limited.
- ✉️ Copies are sent to the Commissioner of SECP, Pak Brunei Investment, CDC, and F.D. Registrar Services.
🎯 Investment Thesis
HOLD. The announcement is purely operational and does not alter the fundamental investment thesis for BankIslami’s Ehad Sukuk II. The ability to efficiently manage the book closure process is important for investor relations, but does not warrant a change in investment stance.
Disclaimer: AI-generated analysis. Not financial advice.