Pakistan Stock Exchange to Host 6th Primary Market Auction for Hybrid Sukuk Worth 200 Billion Rupees
The PSX announces a 200 billion rupee auction for Government of Pakistan Hybrid Sukuk featuring fixed and variable rate Shariah compliant instruments on May 20.
Pakistan Finance Ministry Sets Rs1.7 Trillion Target for Sukuk Auctions via PSX
The Government of Pakistan aims to raise Rs1.7 trillion through GoP Hybrid and Ijarah Sukuk auctions from May to July 2026 to manage national debt requirements.
State Bank of Pakistan Grants Five New Approvals for Islamic Banking Operations
The SBP issues in-principle approvals to Samba Bank and four others to launch Shariah-compliant operations as demand for Islamic finance surges in Pakistan.
NIBAF Pakistan Announces Specialized Corporate Islamic Finance Training in Karachi
NIBAF Pakistan schedules a specialized training session on Shariah-compliant corporate financing solutions and ethical finance for June 2023 at its Karachi campus.
Meezan Bank and DHA City Karachi Ink Strategic Pact to Boost Shariah Compliant Housing Finance Access
Meezan Bank partners with DHA City Karachi to provide Riba-free housing finance solutions, aiming to bridge the home ownership gap through Shariah-compliant models.
Government of Pakistan Raises Rs114 Billion Through Third Hybrid Sukuk Auction
The Ministry of Finance successfully raised Rs114.347 billion via a Hybrid Sukuk auction at PSX, reflecting strong demand for Shariah-compliant instruments.
Al Meezan Investments Launches 6th Branch in Lahore at Davis Road
Al Meezan Investment Management Limited expands its Lahore footprint with a new branch on Davis Road, offering Shariah-compliant investment solutions.
BankIslami Q1 2026 Profit Plummets 65% as Securities Gains Collapse
BankIslami Pakistan reports a sharp decline in consolidated profit for Q1 2026, falling to Rs 903.88 million amid shrinking core margins and a 97% drop in securities gains.
Islamic Syndicated Financing Surges as Global Market Volatility Shifts Investor Strategy
Fitch Ratings reports a massive rise in Islamic syndicated financing during 1Q26 as geopolitical tensions drive issuers away from public US dollar sukuk and bond markets.
SECP Issues New Framework to Accelerate Shariah Compliant Digital Financing in Pakistan
The Securities and Exchange Commission of Pakistan has launched new guidelines and a guidebook to expand interest free digital lending and ethical financial services.