SECP Creates Dedicated Shariah-Compliant Brokerage Segment at PSX
Securities and Exchange Commission of Pakistan establishes a dedicated Shariah-compliant brokerage segment at Pakistan Stock Exchange, with 33 brokers already offering Islamic brokerage windows.
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.
Citi Pakistan Balance Sheet Surpasses $1 Billion As Bank Expands Financing And Digital Banking Services
Citi says its Pakistan balance sheet has exceeded $1 billion, supported by financing for the government, multinational companies, banks and trade while expanding digital and AI-driven financial services.
Pakistan Plans 2 Billion Dollar Capital Market Raising via Bonds as Saudi Oil Facility Zeroed in Budget
The federal budget documents for fiscal year 2026-27 reveal plans to raise 2 billion dollars through Eurobonds Panda bonds and Sukuk alongside no new Saudi oil financing.
SECP Grants Approval to Five Securities Brokers for Launching Islamic Windows
The Securities and Exchange Commission of Pakistan approves five major brokerage firms to offer Shariah-compliant investment services and Islamic financial products.
Pakistan Cables Raises 4 Billion Rupees via Short Term Sukuk for Working Capital Needs
Pakistan Cables Limited secures 4 billion PKR through a privately placed short-term Sukuk to bolster its working capital and operational liquidity.
Pakistan Prepares to Enter Chinese Capital Market with 250 Million Dollar Panda Bond Issuance
Finance Minister Muhammad Aurangzeb confirms Pakistan is in final stages of launching a 250 million dollar Panda bond in China to diversify international funding sources.
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.
BankIslami Pakistan Approves 5 Billion Sukuk Issuance to Bolster Capital Adequacy
BankIslami board approves the issuance of a Shariah-compliant Sukuk worth 5 billion to strengthen Tier 2 capital and support Islamic banking growth.
Pakistan Plans Return to Global Bond Markets, Eyes Dollar, Euro, Sukuk and Panda Bonds
Pakistan is preparing to return to international bond markets after four years, citing macroeconomic stabilization, IMF-backed reforms, improved ratings, and stronger foreign reserves.