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Islamic Finance Briefing - Categorized | Bonds (Sukuk), New Launches more

Directorate of NSs planning to launch Islamic bonds

Posted on 26 February 2013

Directorate of National Savings (NSs) has successfully achieved its annual investment target of Rs 224 billion investment and now planning to launch Islamic bonds. Talking to media person at Karachi office on Monday, Director General National Savings, Zafar M Sheikh, said that so far some Rs 275 billion of new investment had been attracted by the Directorate against the target of Rs 224 billion set for the current fiscal year 2012-2013.
“We have achieved this milestone with the support of energetic team and we are expecting more investment in the remaining period of current fiscal year,” he added. Talking about the performance of the Karachi region, he said that Karachi was still leading all offices with a share of Rs 127 billion in total new investment of current fiscal year………………………………………..Full Article: Source

 
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