Pakistan Sharia Finance Momentum Continues as Government Raises Rs118 Billion via Sukuk Auction
The Government of Pakistan successfully raised Rs118.05 billion through its 32nd Ijarah Sukuk auction, signaling a massive shift toward Sharia-compliant digital finance.
Pakistan Islamic Banking Sector Hits Record 14 Trillion Milestone as Financing Demand Surges
The State Bank of Pakistan reports a massive expansion in the Islamic banking sector with assets reaching 14.467 trillion and a 38 percent share in total financing.
Government Raises Over Rs309 Billion in Ijarah Sukuk Auction, Exceeding Target
The Government of Pakistan raised over Rs309 billion in its latest Ijarah Sukuk auction, surpassing its Rs250 billion target, with strong demand across all tenors, particularly in fixed rental rate instruments.