By Rafiq Vayani
KARACHI: In a landmark development for Pakistan’s agriculture and capital markets, Sunridge Foods (a subsidiary of Unity Foods), in collaboration with InfraZamin Pakistan and BankIslami, has launched the country’s first-ever PKR 2 billion Agri-Infrastructure Sukuk at the Pakistan Stock Exchange (PSX).
This Shariah-compliant Sukuk is supported by a AAA-rated principal guarantee from InfraZamin Pakistan, offering investors enhanced credit protection and paving the way for broader private sector participation in agriculture financing.
The issuance represents a pioneering step in promoting sustainable, capital market-based financing for Pakistan’s agri value chain—unlocking critical investment in food security, infrastructure development, and rural economic resilience.
This innovative financial structure is expected to serve as a model for climate-smart, impact-driven, and Islamic finance-aligned infrastructure funding solutions across emerging markets.
rafiq@biztoday.news
