KARACHI: State Bank of Pakistan has notified Sukuks issued by National Industrial Parks Management and Development Company (NIPMDC) as approved security for the purpose of Statutory Liquidity Requirement (SLR), only to the extent of 5 percent of their Demand and Time Liabilities for all Islamic Banks and Islamic Banking Branches, said a circular issued here. Furthermore, these Sukuks have also been notified as approved security for the purpose of subsection (2) of Section 13 of the subject Ordinance, the circular said. staff report