Ahmed & Qazi

A&Q CLOSES PKR 248B+ SUKUK ISSUE

Ahmed & Qazi is pleased to announce that towards the end of June 2025, it successfully closed a ๐๐Š๐‘ ๐Ÿ๐Ÿ’๐Ÿ– ๐›๐ข๐ฅ๐ฅ๐ข๐จ๐ง ๐ฌ๐ฎ๐ค๐ฎ๐ค issue by way of public #offering on the Pakistan Stock Exchange by the Ministry of Finance, Government of Pakistan.

๐Ÿ“Š ๐Ÿฆ Based on an ijarah structure, the issue was ๐—น๐—ฎ๐˜†๐—ฒ๐—ฟ๐—ฒ๐—ฑ ๐—ฎ๐—ฐ๐—ฟ๐—ผ๐˜€๐˜€ ๐ฌ๐ž๐ฏ๐ž๐ซ๐š๐ฅ ๐—ฐ๐—น๐—ฎ๐˜€๐˜€๐—ฒ๐˜€ of #sukuk certificates.

Ahmed & Qazi was responsible for structuring the deal and drafting all the required sukuk documentation and their finalisation in coordination with Ministry of Finance, Government of Pakistan, State Bank of Pakistan (SBP), Pakistan Stock Exchange, Central Depository Company of Pakistan Limited, National Clearing Company of Pak Ltd. (NCCPL) and the Joint Financial Advisors.

A&Q team was spearheaded by Nazif Ahmed (Head – Corporate), who was assisted by a team of associates at the firm.