Ahmed & Qazi advised the lead arranger, the initial sukuk investors, the investment agent and the guarantor on the successful closing of the Infralectric Green Sukuk Programme.
The team advising the lead arranger, the sukuk investors and the investment agent was led by Altan Ahmed, while the guarantor, InfraZamin Pakistan, was advised by a team led by Nazif Ahmed.
The transaction introduces a programme-based structure for green sukuk issuances for the first time in Pakistan’s domestic capital markets, establishing a scalable platform for repeat access to Shariah-compliant funding of climate-aligned infrastructure.
The programme is expected to deliver measurable environmental impact, including estimated annual savings of 5 million+ litres of diesel across 1,900+ sites through energy efficient telecom infrastructure and reduced reliance on conventional power sources.
This mandate reflects our continued involvement in Pakistan’s most significant sustainable finance transactions, across both sovereign and corporate green instruments, and our experience in structuring complex and first-of-their-kind capital market solutions.
We congratulate all stakeholders on the successful execution of this transaction.
