Government Raises Rs170.98 Billion Through Hybrid Sukuk Auction Against Rs125 Billion Target
The Government of Pakistan raised Rs170.976 billion through its latest Hybrid Sukuk auction conducted via the Pakistan Stock Exchange, exceeding the combined pre-auction target of Rs125 billion amid strong demand for both fixed-rate and variable rental rate instruments.
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.
Pakistan domestic sukuk company targets 125 billion rupees in 14th hybrid auction via psx
PDSCL sets a target of 125 billion rupees across four instruments for the 14th GoP Hybrid Sukuk auction scheduled for August 5.
NIBAF Pakistan Conducts Islamic Banking Certificate Course Module One in Lahore
National Institute of Banking and Finance Pakistan conducts Module One of the 81st Islamic Banking Certificate Course at its Lahore campus for bank officers.
SECP Grants Pakistan General Insurance Clearance for Window Takaful Operations
The Securities and Exchange Commission of Pakistan authorizes Pakistan General Insurance Company Limited to operate as a Window Takaful Operator for non-life business.
Mughal Iron and Steel Industry Marks Redemption of Rs2.5 Billion Sukuk Certificates
Mughal Iron and Steel Industries Limited settles all corporate debt obligations by redeeming its Rs2.5 billion Sukuk-V certificates and profit.
Revised KMI Shariah Screening Criteria Unveiled in Exclusive Industry Session
Capital market stakeholders gathered for an exclusive live session detailing the revised KMI Shariah screening criteria and compliance framework.
Pakistan Stock Exchange announces revised nine hundred twenty-five billion rupee sovereign Sukuk auction calendar
The Pakistan Stock Exchange updates its target schedule for Hybrid and Ijarah Sukuk auctions to raise nine hundred twenty-five billion rupees.
Pakistan private sector lending undergoes major shift as Islamic banking windows drive credit growth
State Bank of Pakistan data shows conventional lending shrinking while Islamic banking windows of conventional banks see a fivefold surge in financing.
Meezan Bank Secures Milestone in Affordable Housing Disbursements
Meezan Bank registers major growth under the national affordable housing program with cumulative disbursements hitting two billion rupees.