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ISLAMABAD: Pakistan’s Finance Adviser Khurram Schehzad on Monday said the country achieved a landmark breakthrough in Islamic finance by issuing over Rs2 trillion ($7 billion) sukuk this year, bringing it closer to its 20 percent Shariah-compliant debt target by Fiscal Year 2027-28. A sukuk is an Islamic financial certificate, similar to a bond, but it complies with Shariah
Published: December 29, 2025 3:59 pm
Source: Arab News PK — Read original