Pakistan Mortgage Refinance Company (PMRC) has notified raising of another Sukuk, from HBL Islamic Banking. The raised sukuk will serve to develop Shariah Compliant Housing Finance while making cheap housing finance accessible to the public in a shariah compliant way.
In this regard, a ceremony was held where officials from PMR and HBL Islamic Banking were present. Mr. M Mudassir CEO/MD of the PMRC said on the occasion:
Muhammad Afaq Head HBL Islamic Banking said
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