{"id":43052,"date":"2018-10-13T09:29:40","date_gmt":"2018-10-13T04:29:40","guid":{"rendered":"https:\/\/www.zameen.com\/blog\/?p=43052"},"modified":"2018-10-12T18:31:03","modified_gmt":"2018-10-12T13:31:03","slug":"sukuk-suggested-for-diamer-bhasha-dam","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/news\/sukuk-suggested-for-diamer-bhasha-dam.html","title":{"rendered":"Sukuk suggested for Diamer-Bhasha Dam"},"content":{"rendered":"<p>Islamabad: The Pakistan Engineering Council (PEC) has asked the government to launch \u2018Diamer-Bhasha Dam (DBD) public limited company\u2019 and float its shares in the market to generate funds for the mega project, a news source reported.<\/p>\n<p>Speaking at a news conference, PEC Chairman Jawed Salim Qureshi stated that the donations for the dam fund can be used as seed money for the company formed and the shares can be issued on the pattern of sukuk \u2013 Islamic bonds.<\/p>\n<p>He also said that the component cost of dams, which has been estimated at PKR 500 billion, can be reduced by around PKR 200 billion. He also proposed that the funds can be raised by offering about two US cents in estimated per unit cost of energy and distributed among shareholders in the form of dividends for up to 10 years.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Islamabad: The Pakistan Engineering Council (PEC) has asked the government to launch \u2018Diamer-Bhasha Dam (DBD) public limited company\u2019 and float its shares in the market to generate funds for the mega project, a news source reported. Speaking at a news conference, PEC Chairman Jawed Salim Qureshi stated that the donations for the dam fund can be used as seed money for the company formed and the shares can be issued on the pattern of sukuk \u2013 Islamic bonds. He also said that the component cost of dams, which has been estimated at PKR 500 billion, can be reduced by around PKR 200 billion. He also proposed that the funds can be raised by offering about two US cents in estimated per unit cost of energy and distributed among shareholders in the form of dividends for up to 10 years.<\/p>\n","protected":false},"author":57,"featured_media":41735,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[],"tags":[8512],"persona":[],"class_list":{"0":"post-43052","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"tag-sukuk-suggested-for-diamer-bhasha-dam"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Sukuk suggested for Diamer-Bhasha Dam - Zameen News<\/title>\n<meta name=\"description\" content=\"Islamabad: The Pakistan Engineering Council (PEC) has asked the government to launch \u2018Diamer-Bhasha Dam (DBD) public limited company\u2019 and float its shares\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.zameen.com\/news\/sukuk-suggested-for-diamer-bhasha-dam.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Sukuk suggested for Diamer-Bhasha Dam - Zameen News\" \/>\n<meta property=\"og:description\" content=\"Islamabad: The Pakistan Engineering Council (PEC) has asked the government to launch \u2018Diamer-Bhasha Dam (DBD) public limited company\u2019 and float its shares\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.zameen.com\/news\/sukuk-suggested-for-diamer-bhasha-dam.html\" \/>\n<meta property=\"og:site_name\" content=\"Pakistan Real Estate News &amp; 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