Askari Bank Crosses PKR 100 Billion in Sukuk Advisory as SECP Highlights Digitization Drive
Askari Bank has achieved a major milestone by advising and arranging Sukuks worth PKR 100 billion across multiple industries, with SECP reaffirming its support for Islamic finance and highlighting digitization as a driver of capital market modernization.
Pakistan’s Public Debt Hits Rs80.5 Trillion in FY2025 Amid Fiscal Challenges
Pakistan’s public debt rose by 13% to Rs80.5 trillion in FY2025, driven by domestic borrowing and external obligations, while fiscal discipline, lower interest costs, and a strategic debt management plan aim to stabilize the economy.
K-Electric Seeks Sukuk Listing on PSX with Rs3 Billion Offering
K-Electric has applied to list Rs3 billion worth of unsecured short-term Sukuk certificates on the Pakistan Stock Exchange. The move includes a public offer and aligns with SECP’s latest regulatory framework.