CDNS exceeds Islamic investment target, mobilizes Rs61 billion

ISLAMABAD, (APP - UrduPoint / Pakistan Point News - 29th Jun, 2026) Pakistan’s Islamic finance sector continued its strong growth momentum as the Central Directorate of National Savings (CDNS) mobilized Rs 61 billion through Shariah-compliant investment products during the first eleven months of fiscal year 2025-26 (July 1, 2025 to June 26, 2026), surpassing its annual target of Rs55 billion ahead of schedule.

According to official sources, the milestone reflects increasing investor confidence in Islamic financial instruments and highlights the expanding role of Shariah-compliant finance in Pakistan’s evolving financial landscape.

Officials attributed the robust performance to a growing preference for interest-free investment avenues that align with Islamic principles while delivering secure and competitive returns. The increasing demand for Shariah-compliant savings schemes has also strengthened participation in the national savings framework.

"We have intensified our focus on Islamic finance this year, and the positive response reflects the public’s growing trust in these investment products," a senior CDNS official said. "This momentum is expected to contribute significantly to the expansion of Pakistan’s Islamic economy and support sustainable financial growth.

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A major contributor to the achievement has been the successful issuance of Islamic bonds and Shariah-compliant savings certificates, which have attracted both individual and institutional investors seeking halal investment opportunities. Besides offering faith-based financial solutions, these instruments have played an important role in mobilizing national savings and supporting broader economic development.

The latest performance builds on the institution’s consistent progress in recent years. During fiscal year 2024-25, CDNS achieved its Islamic investment target of Rs24 billion. Earlier, in FY2023-24, it mobilized nearly Rs75 billion through Islamic bonds, underscoring the sector’s growing appeal and long-term potential.

Officials added that ongoing reforms, including digital transformation initiatives and the introduction of innovative savings products, are expected to improve operational efficiency and broaden investor access across the country.

Having exceeded its annual Islamic finance target before the close of the fiscal year, CDNS is well-positioned to set new benchmarks in savings mobilization, reinforcing Pakistan’s transition toward a more inclusive, resilient, and Shariah-compliant financial system.