Pakistan Raises Rs134.6 Billion Through Hybrid Sukuk And Ijarah Sukuk Auctions
The Government of Pakistan raised Rs134.6 billion through the latest Hybrid Sukuk and 10-year Ijarah Sukuk auctions conducted through the Pakistan Stock Exchange Auction System.
Government Raises Two Hundred Fifty Billion Rupees Through Hybrid Sukuk Auction
The Government of Pakistan raises two hundred fifty point four billion rupees through Hybrid Sukuk auction on PSX surpassing targets amid strong investor demand.
CDNS Surpasses Islamic Investment Target with Rs61 Billion Mobilization in FY2025-26
Strong retail and institutional investor confidence in Shariah compliant savings certificates drives CDNS to gather over sixty-one billion rupees.
NIBAF Pakistan Concludes Forty Eighth Islamic Banking Professional Development Program At Lahore Campus
The National Institute of Banking and Finance Pakistan hosted twenty four banking professionals for a comprehensive five day training session on Shariah compliant operations.
Bank of Punjab Arranges Five Billion Rupee Sukuk for PTCL
The Bank of Punjab acts as lead advisor and arranger for the successful issuance of a five billion rupee short term Islamic bond for PTCL.
Pakistan Stock Exchange Expands KMI All Share Islamic Index with New Shariah Compliant Firms
The Pakistan Stock Exchange has finalized the structural recomposition of the PSX-KMI All Share Islamic Index by including forty-two newly eligible companies.
SECP Proposes Strategic Amendments to Shariah Governance Regulations 2023 for Streamlined Compliance
The Securities and Exchange Commission of Pakistan introduces new proposals to empower Shariah advisors and restructure the certification process for compliant companies.
Pakistan Cables Raises Rs 4 Billion via Short Term Sukuk for Working Capital Needs
Pakistan Cables Limited successfully raises Rs 4 billion through a privately placed Sukuk to fund working capital and production capacity expansion.
Pakistan Debuts First Hybrid Sukuk, Raising Rs200 Billion in Landmark Islamic Finance Issuance
Pakistan launches its first Government Hybrid Sukuk combining Ijarah and Commodity Murabaha structures, achieving strong oversubscription and marking a key development in the country’s Islamic finance and debt market ecosystem.
SECP Revises PSX-KMI All Share Index Shariah Criteria, Cuts Non-Compliant Debt Ratio to 33%
SECP approves revised Shariah screening criteria for PSX-KMI All Share Index, reduces non-compliant debt ratio to 33% and introduces three- to five-star compliance ratings to strengthen Islamic capital markets.