Karachi, Dec 12, 2019: K-Electric plans to issue Pakistan’s largest ever retail-listed Sukuk worth PKR 25 billion (including PKR 5 billion green shoe option). Picture shows members of the Transaction Shariah Advisory Board signing the Shariah Pronouncement for the Issue at the KE head office. Senior members of KE, HBL and NBP management can also be seen in the photo. HBL is the Exclusive Shariah Structuring Advisor, while HBL and NBP are Joint Structuring Agents for the transaction.