Pakistan’s Islamic finance sector continues its impressive growth trajectory as the Central Directorate of National Savings (CDNS) has mobilized Rs60 billion through Islamic investment products during the first eleven months of fiscal year 2025-26 (July 1, 2025, to June 8, 2026), surpassing its annual target of Rs55 billion ahead of schedule.
CDNS exceeds Islamic finance target, mobilizes Rs60 billion in ‘Shariah-Compliant Investments’
ISLAMABAD, Jun 9 (APP): Pakistan’s Islamic finance sector continues its impressive growth trajectory as the Central Directorate of National Savings (CDNS) has mobilized Rs60 billion through Islamic investment products during the first eleven months of fiscal year 2025-26 (July 1, 2025, to June 8, 2026), surpassing its annual target of Rs55 billion ahead of schedule.
According to official sources, the achievement reflects growing public confidence in Shariah-compliant financial instruments and underscores the expanding role of Islamic finance in Pakistan’s economic landscape.
Officials attributed the strong performance to an increasing preference among investors for interest-free financial products that comply with Islamic principles while offering secure and competitive returns.
The rising popularity of Shariah-compliant savings schemes has encouraged greater participation in the national savings system.
“We have strengthened our focus on Islamic finance this year, and the encouraging response demonstrates the public’s trust in these products,” a senior CDNS official said.
“This trend is expected to play a significant role in expanding Pakistan’s Islamic economy and promoting sustainable financial growth.”
A key driver behind the surge has been the successful issuance of Islamic bonds and Shariah-compliant savings certificates, which have attracted both individual and institutional investors seeking halal investment opportunities. These instruments not only provide faith-based financial solutions but also contribute to national savings mobilization and broader economic development.
The latest milestone builds on the strong performance recorded in previous years.
During fiscal year 2024-25, CDNS successfully achieved its Islamic investment target of Rs24 billion. Earlier, in FY2023-24, the institution mobilized nearly Rs75 billion through Islamic bonds, highlighting the sector’s growing appeal and long-term potential.
Officials further noted that ongoing reforms, including digital transformation initiatives and the introduction of innovative savings products, are expected to enhance operational efficiency and expand investor outreach across the country.
With its annual Islamic finance target already exceeded before the close of the fiscal year, CDNS is well-positioned to set new records in savings mobilization, reinforcing Pakistan’s transition toward a more inclusive, resilient, and Shariah-compliant financial system.
