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Developing Sukuk ETFs – a new asset class for investors

KARACHI: The successful issuance and listing of Pakistan’s first sovereign Sukuk at the PSX worth Rs30 billion and overwhelming demand from investors reaching close to Rs400 billion has opened the door for regular issuance of Shariah-compliant instruments and it could stimulate the development of new Islamic capital market instruments like Sukuk Exchange-traded Fund (ETF) and […]

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