Pakistan’s Islamic finance sector is witnessing strong growth momentum, as the Central Directorate of National Savings (CDNS) has mobilized Rs. 42 billion in Shariah-compliant investments during the first nine months of the fiscal year 2025–26.
CDNS nears annual target with Rs. 42 billion Islamic investment inflows
ISLAMABAD, Mar 25 (APP): Pakistan’s Islamic finance sector is witnessing strong growth momentum, as the Central Directorate of National Savings (CDNS) has mobilized Rs. 42 billion in Shariah-compliant investments during the first nine months of the fiscal year 2025–26.
According to senior officials, the inflows recorded between July 1, 2025, and February 28, 2026, bring CDNS close to its annual target of Rs. 50 billion, with nearly 94 percent already achieved well before the fiscal year’s end.
The steady rise in Islamic investment reflects increasing public confidence in interest-free financial instruments. “We have renewed our focus on Islamic finance this year, which is expected to contribute to the sustainable expansion of Pakistan’s Islamic economy,” an official stated.
The strong performance is largely attributed to the issuance of dedicated Islamic bonds and Shariah-compliant savings certificates. These instruments have attracted a growing number of investors seeking halal returns while supporting national savings.
CDNS’s current success builds on its recent achievements in the sector.
In fiscal year 2024–25, the organization met its Islamic investment target of Rs. 24 billion.
Earlier, in FY 2023–24, it mobilized approximately Rs. 75 billion through Islamic bonds, laying a solid foundation for further expansion.
Officials emphasized that Islamic finance is increasingly becoming a vital component of the global financial system.
In Pakistan, efforts to promote Shariah-compliant instruments are aligned with broader objectives of diversifying financial products, strengthening the savings culture, and ensuring economic stability.
Beyond Islamic finance, CDNS has also shown strong overall performance. By mid-February 2025, it had already secured Rs. 765 billion in total savings inflows toward its annual target.
Ongoing institutional reforms, including digitization initiatives and the introduction of innovative savings products, are expected to further enhance efficiency and investor outreach.
With its Islamic finance target nearly achieved ahead of schedule, CDNS is well-positioned not only to meet but potentially exceed its goal reinforcing Pakistan’s transition toward a more inclusive and resilient Islamic financial system.
