The Securities and Exchange Commission of Pakistan (SECP) has approved a new Shariah-compliant digital financing facility aimed at supporting small businesses across the country. Under the approved facility, eligible small business owners can access financing of up to Rs. 3 million through a digital application, providing an alternative way to obtain funds for business-related purchases. […]
SECP Simplifies Sukuk Issuance for Companies in Pakistan
Pakistan’s corporate debt market is set for a potential boost as the Securities and Exchange Commission of Pakistan (SECP) introduces a new practical guide aimed at simplifying Sukuk issuance for companies. The regulator has issued the “A Practical Guide for Corporate Issuers” to help businesses understand and navigate the process of issuing corporate Sukuk through […]
Government Raises Rs. 118 Billion Through 32nd Ijarah Sukuk Auction
The federal government has successfully raised Rs. 118.05 billion through the 32nd auction of Government of Pakistan Ijarah Sukuk, signaling continued investor confidence in Shariah-compliant financial instruments. The development highlights strong participation from both institutional and corporate investors in Pakistan’s Islamic finance sector. According to the Pakistan Stock Exchange, the auction attracted bids worth Rs. […]