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Sukuk
Ijarah

Islamic Republic of Pakistan Ijarah Sukuk 2029

Islamic Republic of Pakistan · Pakistan

Domestic sovereign Ijarah sukuk backed by motorway assets.

Key terms

Issuer profile
Islamic Republic of Pakistan
ISIN
PK0110001234
Structure
Ijarah
Issue size
PKR 30B
Ccy
PKR
Minimum investment
PKR 100,000
Payment frequency
semi-annual
Listing venue
Pakistan Stock Exchange
Governing law
Pakistan law

Pricing

Profit rate
12.50% (fixed)
Indicative price
99.00
Yield to maturity
12.80%
Spread
Ratings
Caa2 / CCC+ / CCC+

Key dates

Issue date
18 Jul 2025
Maturity date
18 Jul 2029
Tenor
4 years

Shariah information

Shariah advisor
State Bank of Pakistan Shariah board
AAOIFI aligned
Underlying asset
Motorway assets leased under Ijarah
Use of proceeds
Government budgetary financing