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ISLAMABAD, Jan 26 (APP):Pakistan’s Islamic finance sector has witnessed strong growth momentum as the Central Directorate of National Savings (CDNS) recorded Rs 23.6 billion in Shariah-compliant investment inflows during the period from July 1, 2025, to January 23, 2026.
The achievement brings CDNS close to its annual Islamic finance target of Rs 25 billion for the ongoing fiscal year 2025-26, reflecting rising investor confidence in interest-free savings instruments amid the country’s evolving financial landscape.
A senior CDNS official termed the progress a clear indication of the growing preference for ethical and Shariah-compliant investment options. “We have revived and reinforced our focus on Islamic finance during the current fiscal year, which is expected to support sustainable growth of Pakistan’s Islamic economy,” the official said.
He added that the issuance of dedicated Islamic bonds and Shariah-compliant savings certificates played a key role in attracting investors seeking halal returns while simultaneously contributing to national savings.
The latest performance builds on CDNS’s strong track record in Islamic finance. During the previous fiscal year 2024-25, the directorate successfully achieved its target of Rs 24 billion in Islamic investments. Earlier, in FY 2023-24, CDNS mobilized around Rs 75 billion through Islamic bonds alone, laying a solid foundation for expanding Shariah-compliant products and institutional reforms.
Highlighting the broader significance of the sector, the official noted that Islamic finance has become an integral part of the global financial system and constitutes a substantial share of the economies of several major countries. In Pakistan, these initiatives are aligned with efforts to diversify financial products, promote a savings culture, and strengthen economic stability.
Apart from Islamic finance, CDNS has also shown robust performance in overall savings mobilization. By the end of December 2025, it had secured Rs 700 billion in inflows toward its ambitious savings target for FY 2025-26.
Ongoing reforms within the organization are aimed at improving efficiency, digitizing services, and introducing innovative products to cater to changing market needs.
With nearly 94 percent of its annual Islamic finance target already achieved midway through the fiscal year, CDNS appears well-positioned to meet—and potentially exceed—its goals, reinforcing Pakistan’s push toward a more inclusive and resilient Islamic economic framework.