Pakistan, May 5 -- Pakistan's Islamic finance segment is witnessing sustained momentum as the Central Directorate of National Savings (CDNS) moves closer to achieving its annual investment target, driven by a sharp rise in Shariah-compliant inflows.

Official sources on Monday said CDNS mobilized approximately Rs 50 billion in Islamic investments during the first nine months of fiscal year 2025-26 (July 1, 2025, to May 3, 2026), achieving nearly 93 percent of its Rs 55 billion annual target.

The robust performance places the organization on track to surpass its goal well before the close of the fiscal year. Officials attributed the growth to rising public confidence in interest-free financial instruments. "We have renewed our focus on Is...