Government Secures Rs229 Billion Through Sukuk Auction at PSX, Surpassing Target
The Government of Pakistan raised Rs229 billion through Sukuk bonds auctioned at PSX, surpassing the Rs200 billion target. Strong investor demand across multiple tenors reflects the growing role of Islamic finance in Pakistan’s debt market.
BankIslami Sees Profit Drop by 37% in Half-Year FY25 as Expenses Surge
BankIslami Pakistan Limited’s profit after tax fell 37% in the half year ended June 30, 2025, to Rs4.41 billion due to rising expenses and lower income. While fee, dividend, and securities income grew strongly, surging operating costs weighed heavily on overall profitability.