SBP Sets Rs550 Billion Target for GoP Ijara Sukuk Purchases on Bai Muajjal Basis
The State Bank of Pakistan will purchase Rs550 billion worth of Government of Pakistan Ijara Sukuk from Islamic banks through two Bai Muajjal auctions scheduled for September and October 2026.
Fitch Expects Moderate Growth In Islamic Syndicated Financing During Second Half Of 2026
Fitch Ratings expects moderate growth in global Islamic syndicated financing during the second half of 2026, with activity concentrated in Saudi Arabia, the United Arab Emirates, Egypt and Turkiye amid challenges in sukuk and bond markets.