CDNS attains Rs11bn in islamic investment
MG News | October 27, 2025 at 03:34 PM GMT+05:00
October 27, 2025 (MLN): The Central Directorate of National Savings (CDNS) has attained the
annual target of Rs11bn in investment in Islamic finance from July 1st to
October 20th in Current Fiscal Year, 2025-26.
The CDNS has already
set annual target of Rs25bn for Current FY, 2025-26 for promoting Islamic
finance in the country, a senior official of CDNS told APP.
He said the CDNS has
achieved the annual collection target of Rs24bn in investment in Islamic
finance during the Previous, FY, 2024 -25.
The CDNS has revived
the annual collection target of investment in Islamic finance for the Current
FY, 2025-26, which will lead to growth in the country’s Islamic economy.
“The National
Savings had issued the Islamic bonds for the promotion of the Islamic finance
system, which will help the development of the Islamic economy in the country,”
he said.
CDNS had achieved
the target of Rs75bn during the last fiscal year (2023-24) from the Islamic
bonds, and that was why it aimed to introduce new dimensions in the Islamic
finance sector.
A large part of the
economy of many major countries currently includes Islamic finance while work is being done on institutional reforms in
the CDNS.
Given the current
market trend in the country, an ambitious target had been set to improve the
savings culture.
CDNS has
accomplished a target of Rs400bn in savings inflows of the annual target for
the current fiscal year, from July 1 to September 15th, 2025.
A savings inflow
target of Rs1.3trillion is set for the current Fiscal Year, 2025-26.
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