CDNS Achieves Rs10B Islamic Finance Target

The Central Directorate of National Savings (CDNS) achieved its investment target of Rs 10 billion in Islamic finance from July 1 to September 15, 2025, marking a significant milestone for the current fiscal year.

The department has set an ambitious annual target of Rs 25 billion to further advance Islamic finance across Pakistan.

In the fiscal year 2024-25, the CDNS successfully met its Rs 24 billion target, underscoring sustained growth in the Islamic finance sector. This year’s efforts are poised to significantly bolster Pakistan’s Islamic economy, with Islamic bonds serving as a pivotal tool for promoting financial inclusion.

A senior CDNS official emphasized ongoing institutional reforms to strengthen the framework for Islamic finance. The official noted that in fiscal year 2023-24, the CDNS raised Rs 75 billion through Islamic bonds, highlighting the increasing prominence of Islamic finance both domestically and globally.

Beyond Islamic finance, the CDNS secured Rs 400 billion in savings inflows from July 1 to September 15, 2025, contributing to its annual savings target of Rs 1.3 trillion for FY 2025-26. The department has set an overarching savings target of Rs 1.65 trillion for the current fiscal year, aiming to foster a robust savings culture in Pakistan.