Pakistan has officially issued its first green sukuk bond, marking a significant milestone in the country’s efforts to promote environmentally sustainable development and boost its financial standing in global markets.

The launch ceremony, attended by key officials and stakeholders, was highlighted by Finance Minister Muhammad Aurangzeb, who hailed the green sukuk as a major achievement reflecting Pakistan’s commitment to sustainable economic growth. The bond is designed to attract investment into clean energy and other environmentally responsible sectors.

“This green sukuk demonstrates our dedication to eco-friendly progress and strengthens Pakistan’s credibility among international investors,” said Aurangzeb. He added that the country is on a steady path to economic recovery, with inflation declining and global recognition of Pakistan’s financial progress on the rise.

The finance minister also pointed to renewed investor confidence, citing the restored psychological limits of the Pakistan Stock Exchange, as well as increasing remittances and foreign investment inflows.