Business

Pakistan wins dual honors at IFN Deals of the Year Awards 2025

Aurangzeb says awards reflect Int’l confidence in economic management

ISLAMABAD: Pakistan has secured two prestigious honours 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 US$1 billion syndicated Islamic financing.

Welcoming the achievement, Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb stated that the awards reflect international confidence in Pakistan’s economic management and its ability to structure innovative and Shariah-compliant financing solutions in challenging global market conditions,” the Finance Division said.

The minister termed the recognition a strong endorsement of the government’s efforts to diversify funding sources, strengthen external buffers, and deepen Pakistan’s footprint in global Islamic capital markets.

He also observed that the US$1 billion syndicated financing represents not only 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 advancing 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 among the most respected distinctions in the Islamic finance industry, recognizing landmark and ground-breaking transactions across jurisdictions and sectors. The awards are determined through an independent evaluation process and highlight excellence in structuring, innovation, and market impact.

The IFN Awards Ceremonies, where the honours will be formally presented, are scheduled to take place on Monday, 13 April 2026 at the Palazzo Versace Dubai, and Wednesday, 22 April 2026 at EQ Kuala Lumpur. These ceremonies bring together leading policymakers, financial institutions, investors, and industry stakeholders from across the global Islamic finance community. Staff Report

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