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sukuk

Coverage of sukuk in the Nexus archive.

Earliest in view: Jul 6 · 02:36 UTCMost recent: Jul 8 · 02:20 UTC
Co-mentioned in this coverage
Pakistanplace2Muhammad Aurangzebperson1Panda Bondtopic1Eurobondstopic1Tax Policy Officeorganization1Finance Divisionorganization1Pakistan Banks Associationorganization1Federal Shariat Courtorganization126th Amendmenttopic1Islamic bankingtopic1ribatopic1hybrid modelstopic1
Recent coverage
  • BUSINESSJul 8 · 02:20 UTCDAWN
    Artificial intelligence to drive new tax model, says Aurangzeb

    Pakistan's Finance Minister Muhammad Aurangzeb announced an AI-led tax administration model to minimize human intervention, alongside plans to launch Eurobonds, sukuk, and dollar-settled rupee-linked bonds. The government successfully issued a $250 million Panda Bond in 2026 with strong investor demand and emphasized export-led growth, reduced taxes, and increased lending to key sectors like SMEs and agriculture.

  • BUSINESSJul 6 · 02:36 UTCDAWN
    Islamic banking

    Pakistan's roadmap to eliminate riba (interest) from its financial system by 2028 outlines a gradual transition, incorporating the Federal Shariat Court's ruling via the 26th Constitutional Amendment. The plan allows foreign banks to operate hybrid conventional-Islamic models while addressing structural weaknesses in Islamic finance, such as sukuk issuance and asset management.

sukuk · Dossier · The Nexus