The State Bank of Pakistan (SBP) has revised the profit rates offered under the Islamic Naya Pakistan Certificates (INPCs), providing updated return options for both resident and overseas Pakistanis investing through Roshan Digital Accounts.
Islamic Naya Pakistan Certificates allow investors to earn Shariah-compliant returns while contributing to Pakistan’s foreign exchange reserves. The investment instruments are available in Pakistani Rupees (PKR) as well as foreign currencies including US Dollar (USD), Euro (EUR), and British Pound (GBP).
According to the latest rate sheet, the updated annualized expected returns are as follows:
Updated INPC Profit Rates
US Dollar (USD)
- 3 Months: 6.75%
- 6 Months: 7.00%
- 12 Months: 7.25%
- 3 Years: 7.50%
- 5 Years: 7.75%
Pakistani Rupee (PKR)
- 3 Months: 10.75%
- 6 Months: 11.00%
- 12 Months: 11.00%
- 3 Years: 11.25%
- 5 Years: 11.50%
British Pound (GBP)
- 3 Months: 6.75%
- 6 Months: 7.25%
- 12 Months: 7.50%
- 3 Years: 7.75%
- 5 Years: 8.00%
Euro (EUR)
- 3 Months: 4.75%
- 6 Months: 5.25%
- 12 Months: 5.50%
- 3 Years: 6.00%
- 5 Years: 6.25%
The certificates operate under Islamic finance principles based on Mudarabah arrangements, meaning profits are generated from underlying investment pools rather than fixed interest payments.
Non-resident Pakistanis can invest freely through Roshan Digital Accounts, while resident Pakistanis are permitted to invest in foreign-currency-denominated certificates only if overseas assets have been declared in their latest tax returns.
The updated rates come as Pakistan continues efforts to attract overseas savings and strengthen external financing through diaspora investment instruments introduced by the SBP.
