The Central Directorate of National Savings (CDNS) has met its target of Rs 10 billion in investments for Islamic finance from July 1 to September 15, 2025, marking a significant achievement for the current fiscal year.
The department has set an ambitious annual target of Rs 25 billion to further promote Islamic finance in the country.
The CDNS had previously met its target of Rs 24 billion in the fiscal year 2024-25, showcasing continued growth in the Islamic finance sector. This year’s efforts are expected to contribute significantly to the development of the country’s Islamic economy, with a focus on Islamic bonds as a key tool for promoting financial inclusion.
A senior CDNS official highlighted that the department is working on institutional reforms to strengthen the framework for Islamic finance. The official also mentioned that, in the fiscal year 2023-24, the CDNS successfully raised Rs 75 billion through Islamic bonds, reflecting the growing importance of Islamic finance both locally and globally.
In addition to its Islamic finance goals, the CDNS has also achieved Rs 400 billion in savings inflows between July 1 and September 15, 2025, towards its annual savings target of Rs 1.3 trillion for FY 2025-26.
The department has set an overall savings target of Rs 1.65 trillion for the current fiscal year, aiming to promote the savings culture in Pakistan further.
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