ISLAMABAD: Pakistan has announced the launch of its first Green Sukuk bonds.
According to the Ministry of Finance, the Green Sukuk will attract investment in environmentally friendly projects, with the initial issuance ranging from 20 to 30 billion rupees and to be conducted through an auction.
The Ministry stated that the bonds will be listed and promoted through the Pakistan Stock Exchange, and several private banks will act as joint financial advisors in the issuance process. The Ministry added that the issuance is based on the Sustainable Investment Sukuk Framework approved by the Cabinet. This initiative aligns with Pakistan’s Vision 2028 and offers investors a unique opportunity to invest in eco-friendly projects.
According to the Ministry of Finance, this marks a historic step in integrating sustainable finance into Pakistan’s development strategy. The Green Sukuk will attract a broader range of investors, deepen financial markets, and accelerate the country’s transition toward a green and resilient economy.
