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 Shariah Compliant Banking Sector Projected to Command Over Thirty Percent Market Share
Leading financial analysts at a recent Karachi briefing project Pakistan Islamic banking sector assets will scale to nineteen trillion rupees by the conclusion of December 2026.
Pakistan Shariah Compliant Financial Sector Projected to Command One Third of National Deposits by Close of Next Fiscal Cycle
Leading financial analysts at a recent Karachi briefing project Pakistan Islamic banking sector assets will scale to nineteen trillion rupees by the conclusion of December 2026.
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.
Global Islamic Banks Withstand Iran Conflict Fallout with Strong Credit Fundamentals
Fitch Ratings reports that Islamic banks in the GCC and emerging markets maintain resilience despite geopolitical tensions and a slowdown in March 2026 sukuk issuance.
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.
GCC Digital Finance and Debt Markets Face New Challenges Amid Geopolitical Shifts
Fitch Ratings reports a slowdown in GCC USD bond and sukuk issuance due to regional conflict despite strong 2026 credit fundamentals and digital finance growth.
Pakistan Requests 10 Billion Dollar Remittance Securitization and Major Saudi Debt Restructuring
Pakistan seeks an eight point economic cooperation package from Saudi Arabia including a 10 year deposit extension and enhanced oil facilities to combat rising financial pressure.
Pakistan Requests 10 Billion Dollar Remittance Securitization and Major Saudi Debt Restructuring
Pakistan seeks an eight point economic cooperation package from Saudi Arabia including a 10 year deposit extension and enhanced oil facilities to combat rising financial pressure.
Zarea Limited Issues Rs1 Billion Short-Term Sukuk, Fully Subscribed by Institutional Investors
Zarea Limited successfully issues and disburses a Rs1 billion short-term Sukuk with A-1 rating, strengthening liquidity and supporting profitability through Shariah-compliant financing.