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.
Government of Pakistan Raises Rs116 Billion Through Hybrid Sukuk Auction on Pakistan Stock Exchange
The latest GoP Hybrid Sukuk auction via the PSX system saw the government raise Rs116.4 billion with strong demand noted for the 10 year variable rental rate instrument.
At Tahur Limited Successfully Concludes Sukuk III Raising Rs800 Million
At Tahur Limited (PREMA) completes its Sukuk III fundraise at Rs800 million reflecting strong investor confidence and successful execution of the green shoe option.
NIBAF Pakistan Advances Shariah Compliance Through Islamic Banking Certificate Course
NIBAF Pakistan holds the third day of its Islamic Banking Certificate Course in Lahore featuring expert insights from Mufti Rafay Ashraf Usmani.
Istanbul Financial Center Sees Surge in Global Interest Amid Regional Middle East Conflict
The Istanbul Financial Center CEO reveals that dozens of global firms from the Gulf and East Asia are considering relocating operations to Turkey due to the Iran war.
Fitch Ratings Warns of Global Sukuk Market Volatility Amid Regional Middle East Conflict
Fitch Ratings reports a slowdown in global sukuk issuance as geopolitical tensions in Iran drive yields to five-year highs and impact dollar-denominated instruments.