ISLAMABAD: Pakistan’s Islamic finance sector continues to gain momentum as the Central Directorate of National Savings (CDNS) recorded Rs 40 billion in Shariah-compliant investment inflows from July 1, 2025, to February 28, 2026, bringing the institution close to its annual target of Rs 50 billion for the fiscal year 2025-26.
According to a senior CDNS official here on Monday, the achievement reflects growing investor confidence in interest-free savings instruments amid Pakistan’s evolving financial landscape.
Nearly 94 percent of the annual Islamic finance target has already been achieved midway through the fiscal year.
“We have revived and reinforced our focus on Islamic finance during the current fiscal year, which is expected to support sustainable growth of Pakistan’s Islamic economy,” the official said.
He attributed the strong inflows to the issuance of dedicated Islamic bonds and Shariah-compliant savings certificates, which have attracted investors seeking halal returns while contributing to national savings.
The latest performance builds on CDNS’s recent track record in the Islamic finance segment. During fiscal year 2024-25, the directorate successfully met its target of Rs24 billion in Islamic investments.
In FY 2023-24, CDNS mobilized approximately Rs75 billion through Islamic bonds alone, establishing a foundation for expanding Shariah-compliant products and institutional reforms.
Officials highlighted that Islamic finance has become an integral component of the global financial system, accounting for a significant share of several major economies. In Pakistan, efforts to promote Islamic financial instruments are aligned with broader goals to diversify financial products, encourage a savings culture, and enhance economic stability.
Beyond Islamic finance, CDNS has demonstrated robust overall performance in savings mobilization.
By February 15, 2025, the organization had secured Rs765 billion in inflows toward its savings target for FY 2025-26.
Ongoing reforms within CDNS aim to improve operational efficiency, accelerate digitization, and introduce innovative savings products tailored to evolving market demands.
With its Islamic finance target nearly achieved well before the close of the fiscal year, CDNS appears poised not only to meet but potentially exceed its goal, reinforcing Pakistan’s push toward a more inclusive and resilient Islamic economic framework.
