Pakistan Eyeing Malaysia’s Green Finance Model: Finance Minister

Pakistan eyeing Malaysia’s green finance model: finance minister

Federal Minister for Finance and Revenue Muhammad Aurangzeb has said that Pakistan is keen to adopt Malaysia’s model of green financing as a framework for its sustainable development strategy. The statement came during a video address at the Pakistan Stock Exchange (PSX) on Friday, where Aurangzeb announced the launch of Pakistan’s inaugural Green Sukuk bond. The bond is aimed at funding environmentally sustainable projects. Aurangzeb congratula…

Federal Minister for Poverty Alleviation Backs FGP’s Vision for Climate Resilience and Economic Empowerment

In a significant step towards fostering inclusive development in Pakistan, the team from Freedom Gate Prosperity (FGP) met today with Syed Imran Ahmad Shah, Federal Minister for Poverty Alleviation and Social Safety, and Malik Shakir Bashir Awa

Govt raises Rs32bn in fresh green sukuk auction

May 16, 2025 (MLN): The Government of Pakistan has successfully raised Rs31.99 billion through the issuance of a fresh 3-Year Variable Rate Green Ijarah Sukuk (GIS-VRR), according to auction results released today. The auction, conducted via the Pakistan Stock Exchange (PSX) on May 16, 2025, targeted a pre-auction amount of Rs30bn. The issue date and settlement are both scheduled for May 19, 2025, while the maturity date is set for May 19, 2028.…

PM: Islamic world should strenghten fundamentals, starting with economy

KAZAN, May 16 — Prime Minister Datuk Seri Anwar Ibrahim has called on the Islamic world to work together and strengthen its fundamentals, which begin with the economy, especially the halal industry that is worth US$3 trillion (RM12.8 trillion). He said that from the Gulf countries to the Middle East, Africa, and Asia, they should then formalise and strengthen this cohesion. “Then, Islamic finance, not a matter of adopting just what you call as ‘…

Green Sukuk Bond Marks Pakistan’s Fight Against Climate Change

Pakistan has taken a significant stride towards sustainable development with the launch of its first-ever Green Sukuk bond, announced by Federal Minister for Finance and Revenue, Muhammad Aurangzeb, during a video address at the Pakistan Stock Exchange (PSX). Aurangzeb congratulated the PSX on reaching a record high the previous day, signaling strong investor confidence amid positive economic momentum. The launch of the Green Sukuk bond is a piv…

Pakistan “restructuring and reorganising” its debt, says Aurangzeb

Pakistan is in the process of “restructuring and reorganising” its debt profile in line with global standards, said...