CDNS mobilizes Rs24bn in islamic savings, set to exceed FY26 goal

February 20, 2026 (MLN): Central Directorate of National Savings (CDNS) has mobilized Rs24bn in Shariah-compliant investments between July 1, 2025, and February 18, 2026, achieving nearly 94% of its Rs25bn Islamic finance target for fiscal year 2025-26.

The strong inflows signal growing investor confidence in interest-free savings instruments as Pakistan’s financial sector continues to expand its Islamic offerings.

A CDNS official as reported by APP noted that CDNS has renewed its focus on Islamic finance during the current fiscal year to help drive sustainable growth in the country’s Islamic economy.

He attributed the momentum to the issuance of dedicated Islamic bonds and Shariah-compliant savings certificates, which have drawn investors seeking halal returns while contributing to national savings.

The latest progress builds on CDNS’s solid performance in recent years.

In FY 2024-25, the directorate met its Rs24bn target for Islamic investments. A year earlier, in FY 2023-24, it mobilized around Rs75bn through Islamic bonds alone, laying the groundwork for expanding Shariah-compliant products and advancing institutional reforms.

It was emphasized that Islamic finance has become a significant component of the global financial system and is gaining traction in Pakistan as part of broader efforts to diversify financial products, promote a culture of savings, and strengthen economic stability.

Beyond Islamic instruments, CDNS has also recorded robust overall savings mobilization. By February 15, 2025, it had secured Rs765bn in inflows toward its overall savings target for FY 2025-26.

Ongoing reforms within the directorate focus on improving operational efficiency, accelerating digitization, and introducing innovative savings products to meet evolving market needs.

With its annual Islamic finance target nearly achieved well before the end of the fiscal year, CDNS is on track not only to meet but potentially surpass its goal, reinforcing Pakistan’s push toward a more inclusive and resilient Islamic economic framework.

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