Pakistan bags two IFN deal of the year awards for one billion dollar Islamic syndicated financing

Pakistan has won two major accolades at the Islamic Finance News Deals of the Year Awards 2025, receiving the IFN Pakistan Deal of the Year and IFN Syndicated Finance Deal of the Year for its one billion dollar syndicated Islamic financing transaction.

The awards, regarded among the most prestigious in the global Islamic finance industry, recognise landmark transactions for structuring, innovation, and market impact through an independent evaluation process.

Finance Minister Senator Muhammad Aurangzeb said the recognition reflects growing international confidence in Pakistan’s economic management and its ability to structure Shariah compliant financing in challenging global market conditions. He described the one billion dollar facility as a milestone that demonstrates Pakistan’s renewed credibility and disciplined macroeconomic approach.

Aurangzeb said the government is working to diversify funding sources, strengthen external buffers, and expand Pakistan’s presence in global Islamic capital markets, adding that the awards validate these efforts.

He credited the successful closure of the transaction to close coordination with development partners and financial institutions, specifically acknowledging the Asian Development Bank for facilitating the deal. The minister also praised participating banks, legal advisers, and other stakeholders for their technical and advisory contributions.

He further said the recognition underscores Pakistan’s commitment to advancing Islamic finance instruments and strengthening the domestic Shariah compliant financial ecosystem, noting that such accolades can reinforce investor confidence and improve Pakistan’s standing in global financial markets.

The IFN Awards ceremonies are scheduled for 13 April 2026 at the Palazzo Versace Dubai and 22 April 2026 at EQ Kuala Lumpur, bringing together policymakers, financial institutions, investors, and industry stakeholders from across the global Islamic finance community.