The Pakistan Stock Exchange has announced the resumption of trading in Government of Pakistan (GoP) Ijarah Sukuk following the completion of rental payment-related procedures that had temporarily halted trading activity.
According to an official notice, trading in the Government of Pakistan (GoP) Ijarah Sukuk (GIS), originally issued on June 28, 2024, will resume on June 29, 2026. Since June 28 falls on a Sunday, trading will restart on the next working day.
The resumption covers both 3-year and 5-year Fixed Rental Rate (FRR) and Variable Rental Rate (VRR) Sukuk instruments.
Alongside the reopening, PSX has also updated profit rates for Variable Rental Rate Sukuk based on the latest six-month weighted average yield of 11.7239%, recorded on June 23, 2026.
Revised Profit Rates
- The 3-Year Variable Rental Rate GIS (P03VRR280627) maturing on June 28, 2027, will now offer a net profit rate of 11.4239%, up from 10.1639%.
- The 5-Year Variable Rental Rate GIS (P05VRR280629) maturing on June 28, 2029, will offer a revised net profit rate of 11.4139%, previously 10.1539%.
The adjustment reflects a benchmark-linked increase of approximately 126 basis points for both instruments, in line with government security yield movements.
Market authorities have advised brokers, investors, and financial institutions to update their systems and records accordingly before trading resumes.
The revision is expected to improve investor returns and restore normal trading activity in the Sukuk segment of the capital market.
