Trends - sukuk - Business Recorder

Business & Finance

Pakistan govt raised record Rs2trn via Sukuk in 2025, says official

Highest annual volume since introduction of Islamic bonds in 2008

Published 29 Dec, 2025 09:53pm

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Lucky Investments launches Islamic Pension Fund

New offering is a Shariah-compliant retirement savings solution

Updated 12 Nov, 2025 01:21pm

Business & Finance

KE’s Retail Listed Short-Term Sukuk: Gong ceremony held to mark successful listing

KARACHI: A gong ceremony was held at the Pakistan Stock Exchange (PSX) on Tuesday to mark the successful listing of...

Published 17 Sep, 2025 07:39am

Business & Finance

Thatta Cement approves Rs5.5bn Sukuk to fund expansion plans

Thatta Cement Company Limited (THCCL) has approved the issuance of a Rs5.5 billion Sukuk to finance the expansion of...

Published 08 Sep, 2025 03:29pm

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Bids exceed Rs2bn target: KE wraps up short-term Sukuk IPO

KARACHI: K-Electric has concluded the Initial Public Offering (IPO) of Pakistan’s first retail listed short-term...

Updated 05 Sep, 2025 08:52am

Markets

Saudi Arabia starts selling two-part sukuk

Saudi Arabia has started taking bids for two-tranche US dollar denominated Islamic bond or sukuk sales with 5-year...

Published 02 Sep, 2025 11:32am

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Pakistan’s first ‘agri Sukuk’ launched

KARACHI: In a major development for Islamic finance and agricultural infrastructure, InfraZamin Pakistan, Sunridge...

Published 22 Jul, 2025 05:56am

Business & Finance

Sunridge raises Rs2bn via Pakistan’s first agri-infrastructure sukuk

KARACHI: Sunridge Foods, a food processing company, has launched Pakistan’s first fully subscribed...

Published 21 Jul, 2025 10:36pm

Business & Finance

Standard Chartered Report: Global Islamic finance assets to surpass US$ 7.5tln by 2028

KARACHI: Standard Chartered has projected that global Islamic finance assets will reach USD7.5 trillion by 2028, up...

Published 21 May, 2025 06:50am

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Pakistan economy moving in the right direction: SBP governor

KARACHI: Governor of the State Bank of Pakistan, Jameel Ahmad Tuesday said after facing significant economic...

Updated 21 May, 2025 08:45am

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Green Sukuk auction on 16th

KARACHI: The first inaugural issuance of GoP Ijarah Green Sukuk (GIGS) amounting to Rs 30 billion under the...

Updated 13 May, 2025 09:13am

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Green Sukuk makes debut with Rs20-30bn issue

Inaugural issuance to be conducted through an auction process

Updated 08 May, 2025 03:17pm

World

Saudi wealth fund PIF Expects to raise $1.25bn from 7-year sukuk

Saudi Arabia’s sovereign wealth fund, the Public Investment Fund, expects to raise $1.25 billion from sale of U.S....

Published 30 Apr, 2025 07:32pm

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Govt raises Rs2.25trn through Sukuk auctions since Dec 2023

Trading volumes in secondary market increasing gradually as market participants become familiar with system

Updated 27 Feb, 2025 02:18pm

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GoP Ijarah Sukuk: better investment option?

In Pakistan, we are fortunate in that our economy is endowed with a variety of both conventional and Islamic...

Published 27 Feb, 2025 06:44am

Business & Finance

4th AlBaraka Forum Regional Conference highlights Sukuk's role

KARACHI: The AlBaraka Forum for Islamic Economy, in collaboration with the Islamic Chamber of Commerce and...

Published 29 Jan, 2025 06:46am

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Monetary policy lending operations: SBP unveils collateral, counterparty eligibility framework

KARACHI: The State Bank of Pakistan (SBP) on Thursday issued a framework for collateral & counterparty...

Updated 27 Dec, 2024 09:19am

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Importance of Islamic finance, capital markets highlighted

KARACHI: Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb has said that Islamic finance and...

Published 13 Dec, 2024 06:29am

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Sukuk auction: Govt raises Rs2trn in 2024 using PSX platform

KARACHI: The listing of Shariah-compliant securities at the Pakistan Stock Exchange (PSX) marked a significant...

Updated 05 Dec, 2024 09:13am

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Jazz successfully concludes Sukuk issuance of Rs15bn

ISLAMABAD: Jazz has successfully concluded its second unsecured, privately placed short-term Sukuk issuance of Rs15...

Published 01 Nov, 2024 06:51am

Markets

Auction for GIS: PSX raises Rs243bn against Rs200bn target

KARACHI: Pakistan Stock Exchange (PSX) raised Rs 243 billion against a target of Rs 200 billion for the MoF in the...

Updated 19 Oct, 2024 08:10am

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Short-term listed corporate Sukuk market: SECP conducts public hearing on proposed regulatory interventions

KARACHI: The Securities and Exchange Commission of Pakistan (SECP) conducted the first-ever public hearing in...

Published 04 Oct, 2024 07:58am

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SBP working on Sukuk alternate structure: governor

ISLAMABAD: State Bank of Pakistan (SBP) Governor Jameel Ahmad, Wednesday, said that the SBP is working on an...

Updated 26 Sep, 2024 08:46am

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Pakistani Islamic finance industry: Size estimated to have crossed $42bn: SECP

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has disclosed that the size of the Pakistani...

Published 17 Sep, 2024 06:33am

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Rs20bn Green Sukuk likely in Dec

ISLAMABAD: The Ministry of Planning, Development and Special Initiatives (MPD&SI) is tailoring a plan to launch...

Updated 10 Sep, 2024 09:28am

Business & Finance

Sukuk Standard: AAOIFI and Meezan Bank host public hearing session

KARACHI: The Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) with Meezan Bank...

Published 12 Jul, 2024 05:48am

World

Emirates Islamic Bank launches $750mn sustainability sukuk, document shows

Emirates Islamic Bank, the Islamic arm of Dubai’s biggest lender Emirates NBD, has launched a $750 million 5-year...

Published 21 May, 2024 05:06pm

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Sukuk, other Shariah-compliant financing modes: Govt wants more loans against its unencumbered assets

ISLAMABAD: The federal government has decided to issue domestic and international Sukuk and raise other...

Updated 07 Mar, 2024 09:47am

World

Dubai Islamic Bank starts selling 5-year sustainable sukuk

Dubai Islamic Bank, the biggest Islamic lender in the United Arab Emirates, has started selling 5-year sustainable...

Published 26 Feb, 2024 10:53am

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Borrowing level of caretakers comparatively lower than PDM govt’s: MoF

ISLAMABAD: The Finance Ministry has maintained that the domestic and external borrowings during the period of the...

Updated 23 Feb, 2024 08:54am