KARACHI: The Central Directorate of National Savings (CDNS) has surpassed its annual target for Shariah-compliant investments by mobilising Rs61 billion during the fiscal year 2025-26, reflecting growing public confidence in Islamic financial products and the country’s expanding Islamic finance sector.
According to official sources, CDNS had set an annual mobilisation target of Rs55 billion for its Shariah-compliant investment portfolio but successfully achieved Rs61 billion by the end of the fiscal year spanning July 1, 2025, to June 30, 2026.
The strong performance underscores the increasing demand for Islamic savings instruments as investors continue to shift towards interest-free financial products that comply with Shariah principles while offering secure and competitive returns.
The Senior official said the remarkable achievement demonstrates the growing role of Islamic finance in Pakistan’s financial system and highlights the public’s confidence in government-backed Shariah-compliant investment schemes.
“We intensified our efforts to promote Islamic finance during the outgoing fiscal year, and the overwhelming public response reflects the increasing trust of investors in these products,” a senior CDNS official said. “The continued expansion of Islamic savings schemes will play an important role in strengthening Pakistan’s Islamic economy and promoting sustainable financial growth.”
The official attributed the success to the increasing popularity of Islamic savings certificates and Sukuk-based investment instruments, which have attracted both individual and institutional investors seeking halal investment opportunities. Besides providing faith-based financial solutions, these products have also contributed significantly to national savings mobilisation and supported the government’s broader economic objectives.
The performance marks another milestone in CDNS’s sustained efforts to strengthen its Islamic finance portfolio. During fiscal year 2024-25, the directorate successfully achieved its Shariah-compliant investment target of Rs24 billion. Earlier, in FY2023-24, it mobilised nearly Rs75 billion through Islamic bonds, reflecting the growing acceptance and long-term potential of Islamic financial instruments in Pakistan.
The official noted that CDNS has been introducing reforms aimed at enhancing customer convenience and expanding financial inclusion. These include digital transformation initiatives, improved online services, and the development of innovative Shariah-compliant savings products designed to meet the evolving needs of investors across the country.
He expressed confidence that the continued expansion of Islamic finance, coupled with policy reforms and technological innovation, would further strengthen Pakistan’s savings culture while providing secure investment opportunities for citizens.
With the successful achievement of Rs61 billion in Shariah-compliant investments, CDNS has reinforced its position as a leading institution in promoting Islamic savings and mobilising domestic resources. Officials believe the momentum will enable the organisation to set even higher targets in the coming fiscal year and further contribute to the development of a resilient, inclusive, and Shariah-compliant financial system in Pakistan
