Tag: Shariah-compliant debt
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Pakistan Nears 20% Shariah-Compliant Debt Target After Issuing Over Rs2 Trillion Sukuk in 2025
Pakistan Hits Milestone in Islamic Finance as Sukuk Issuance Surpasses Rs2 Trillion Pakistan is making notable strides in Islamic finance, with Finance Adviser Khurram Schehzad announcing that the country has issued more than Rs2 trillion (about $7 billion) in sukuk this year. The move marks a significant step toward the government’s target of a 20…
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Pakistan Tops $7 Billion Sukuk Issuance in 2025, Nears 20% Shariah-Compliant Debt Target
Pakistan Surpasses $7 Billion in Sukuk Issuance in 2025 Pakistan’s Islamic finance strategy marked a landmark milestone in 2025 as the country issued more than Rs2 trillion, roughly $7 billion, in sukuk. Finance officials have highlighted this as a pivotal achievement, signaling both investor confidence and a willingness to diversify the country’s debt portfolio through…
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Pakistan Hits $7 Billion Sukuk Milestone in 2025, Moves Closer to 20% Shariah-Compliant Debt Target
Overview: A landmark year for Pakistan’s Islamic finance In 2025, Pakistan has achieved a landmark breakthrough in Islamic finance by issuing more than Rs2 trillion ($7 billion) worth of sukuk, the nation’s central pillar for Shariah-compliant borrowing. The development comes as Finance Adviser Khurram Schehzad highlighted that the nation is nearing its ambitious target of…