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Pakistan CDNS close to annual islamic finance goal after six months
Pakistan's national savings body is nearing its annual target for Sharia-compliant investments well ahead of schedule. The Central Directorate of National Savings (CDNS) has recorded inflows of Rs 23.4 billion into Islamic finance products from July 2025 to early January 2026, approaching its full-year goal of Rs 25 billion for fiscal 2025-26. A senior official stated this strong performance reflects growing investor confidence in ethical, interest-free savings options and a renewed institutional focus on the Islamic economy.
The growth has been propelled by the issuance of dedicated Islamic bonds and certificates. This continues a positive trend, following the achievement of a Rs 24 billion target in the previous fiscal year and a major Rs 75 billion mobilization through Islamic bonds in FY 2023-24. The official connected Pakistan's progress to the rising global significance of Islamic finance, which now forms a substantial part of many major economies.
Alongside this Islamic finance success, CDNS has secured Rs 700 billion in total savings inflows by December 2025 toward its broader annual target. The directorate is implementing reforms to digitalize services and introduce innovative products. With 94% of its Islamic annual target met halfway through the year, CDNS is positioned to potentially exceed its goal, supporting Pakistan's push for a more inclusive financial framework.
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