Underwhelming response: Aurangzeb for promoting Sukuk among foreign investors
ISLAMABAD: Finance Minister Muhammad Aurangzeb on Thursday called for promoting Pakistan’s sovereign Sukuk among international investors, noting that foreign investment in the Shariah-compliant instruments remained underwhelming despite positive inflows into Treasury Bills (T-bills) and Pakistan Investment Bonds (PIBs). He stated this while addressing a ceremony marking the achievement of Rs10…
Finance Minister Muhammad Aurangzeb has called for increased promotion of Pakistan's sovereign Sukuk among foreign investors, despite the underwhelming response despite positive inflows into Treasury Bills and Pakistan Investment Bonds (PIBs). The minister highlighted that Pakistan's sovereign Sukuk issuance surged 113 percent year-on-year to Rs4.4 trillion in 2026, with the government introducing hybrid and short-term Shariah-compliant instruments to diversify financing sources.
However, foreign investment in Sukuk remains below expectations, prompting Aurangzeb to urge market participants to actively promote these instruments among international investors and expand retail participation through digital platforms.
Brief written by urgent.news from Business Recorder's own syndicated text. Machine-written — may contain errors; check the original before relying on it.
