Pakistan bags dual global honors for $1bn Islamic Financing deal

News Image

MG News | February 17, 2026 at 04:46 PM GMT+05:00

0:00

February 17, 2026 (MLN): Pakistan’s landmark $1 billion syndicated financing has won two top international accolades at the IFN Deals of the Year Awards 2025. 

The transaction secured both the IFN Pakistan Deal of the Year 2025 and the IFN Syndicated Finance Deal of the Year 2025, marking a significant achievement for Pakistan on the global Shariah-compliant finance stage.

The awards recognize landmark deals demonstrating innovation, market impact, and strong execution.

According to the Ministry of Finance, the financing represents a major step in diversifying funding sources, strengthening external buffers, and expanding the country’s presence in international Islamic capital markets amid challenging global conditions.

Federal Minister for Finance and Revenue Muhammad Aurangzeb said the recognition reflects international confidence in Pakistan’s economic management and its ability to structure innovative Shariah-compliant instruments.

He described the transaction as both a financial milestone and a signal of restored credibility through disciplined macroeconomic policies.

The minister also acknowledged the support of the Asian Development Bank and participating financial institutions, advisers, and stakeholders whose coordination enabled the successful closure of the deal.

Recognition by Islamic Finance News, a leading global Islamic finance publication, highlights Pakistan’s commitment to strengthening its domestic Islamic finance ecosystem and attracting international investors.

The awards will be formally presented at ceremonies scheduled for April 2026 at the Palazzo Versace Dubai and EQ Kuala Lumpur, events that gather policymakers, banks, and investors from across the global Islamic finance community.

Officials said the dual honours reinforce Pakistan’s standing in international financial markets and signal continued momentum toward sustainable and innovative economic management.

Copyright Mettis Link News

Related News

Name Price/Vol %Chg/NChg
KSE100 154,421.43
202.93M
-0.92%
-1437.05
ALLSHR 92,487.78
401.80M
-0.96%
-898.05
KSE30 47,322.74
112.52M
-1.11%
-528.79
KMI30 221,927.00
101.40M
-0.80%
-1792.09
KMIALLSHR 59,889.41
199.88M
-1.08%
-652.12
BKTi 44,127.70
34.85M
-1.99%
-894.82
OGTi 31,715.42
8.74M
-2.31%
-748.93
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 70,515.00 71,145.00
69,345.00
-310.00
-0.44%
BRENT CRUDE 100.67 101.80
95.20
8.69
9.45%
RICHARDS BAY COAL MONTHLY 99.40 0.00
0.00
-10.80
-9.80%
ROTTERDAM COAL MONTHLY 124.50 124.60
123.85
3.10
2.55%
USD RBD PALM OLEIN 1,083.50 1,083.50
1,083.50
0.00
0.00%
CRUDE OIL - WTI 95.59 97.19
88.61
8.34
9.56%
SUGAR #11 WORLD 14.43 14.49
14.12
0.18
1.26%

Chart of the Day


Latest News
March 12, 2026 at 07:08 PM GMT+05:00

Govt issues no statement on further petrol price hike


March 12, 2026 at 06:30 PM GMT+05:00

SBP reserves rise $41.1m to $16.34bn


March 12, 2026 at 04:58 PM GMT+05:00

SCRA balance falls by Rs1.2bn during week


March 12, 2026 at 03:05 PM GMT+05:00

PKR gains slightly against USD


March 12, 2026 at 02:53 PM GMT+05:00

Gold price in Pakistan falls Rs2,900 per tola



Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg