Pakistan has earned two major distinctions at the Islamic Finance News (IFN) Deals of the Year Awards 2025 IFN Pakistan Deal of the Year 2025 and IFN Syndicated Finance Deal of the Year 2025 in recognition of its landmark $1 billion syndicated Islamic financing arrangement.
Welcoming the achievement, Federal Minister for Finance and Revenue Muhammad Aurangzeb said the awards reflect international confidence in Pakistan’s economic management and its capacity to structure innovative, Shariah-compliant financing solutions despite challenging global market conditions, according to a statement issued by the Finance Division.
The minister described the recognition as a strong endorsement of the government’s strategy to diversify funding sources, reinforce external buffers, and expand Pakistan’s presence in global Islamic capital markets.
He further remarked that the $1 billion syndicated financing marks not just a financial milestone “but also a demonstration of Pakistan’s renewed credibility and disciplined approach to macroeconomic management”.
“He emphasized that the success of the transaction was made possible through close collaboration with development partners and financial institutions, and specifically appreciated the role and support of the Asian Development Bank (ADB) for its valued partnership in facilitating the transaction.
He further acknowledged the contribution of participating banks, legal advisers, and all stakeholders whose expertise and coordination ensured the successful closure of the deal.”
Senator Aurangzeb noted that the recognition underscores Pakistan’s commitment to promoting Shariah-compliant financial instruments and strengthening the domestic Islamic finance ecosystem.
“Such international accolades reinforce investor confidence and contribute positively to Pakistan’s standing in global financial markets,” the finance minister said.
The IFN Deals of the Year Awards are regarded as among the most prestigious honours in the Islamic finance sector, celebrating landmark and pioneering transactions across different jurisdictions and sectors. The awards are decided through an independent evaluation process and recognise excellence in structuring, innovation, and overall market impact.
The IFN Awards Ceremonies, where the honours will be officially presented, are set to be held on April 13, 2026 at the Palazzo Versace Dubai, and on April 22, 2026 at EQ Kuala Lumpur. These events gather leading policymakers, financial institutions, investors, and key stakeholders from across the global Islamic finance community.
