Pakistan’s First PKR 3 Billion Green Sukuk for Telecom Sector Launched.
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Telecom Green Sukuk Pakistan
In a historic milestone for Pakistan’s financial and telecommunications sectors, InfraZamin Pakistan and Infralectric (a Brillanz Group company) have signed the country’s first-ever PKR 3 Billion Green Sukuk dedicated to the telecom industry. This ‘AAA’ rated instrument is backed by a 100% principal guarantee from InfraZamin, establishing a new benchmark for ethical and climate-aligned capital markets in the country.
Key Highlights of the Green Sukuk
- Oversubscribed Transaction: The issuance saw significant demand, being oversubscribed by investors, which reflects robust confidence in green infrastructure and clean technology.
- Climate Alignment: The funds are specifically earmarked for sustainable initiatives within the telecom sector, supporting a broader shift toward renewable energy and reduced carbon footprints.
- Investment Security: The 100% principal guarantee provided by InfraZamin ensures high-level security for stakeholders, encouraging further participation in Pakistan’s sustainable finance landscape.
