Govt raises Rs371 billion in largest sukuk issuance on August 9, 2023The country’s record sale of Ijarah Sukuk generated Rs371 billion, which is more than $1.29 billion, making it the largest issuance of Islamic bonds in a single auction since the Sukuk program’s inception in 2008. The record yield tapped into strong demand from Islamic banks in the region. According to bankers, the government raised this […]