Pakistan’s First PKR 3 Billion, AAA Rated, Green Sukuk for Telecom Sector Launched by InfraZamin Pakistan, Infralectric, DIB Pakistan Limited (Lead Arranger), Bank Alfalah Limited (Joint Lead Bank), and Meezan Bank Limited (Imports Bank)
InfraZamin Pakistan Limited, in partnership with Infralectric, a Brillanz Group company, DIB Pakistan Limited, Bank Alfalah Limited, and Meezan Bank Limited, announced the signing of Pakistan’s first-ever PKR 3 Billion, ‘AAA’ Rated, Green Sukuk for the telecom sector, marking a major milestone in sustainable infrastructure financing and climate-aligned capital markets development. Under the transaction, InfraZamin Pakistan is providing a 100% principal guarantee for the PKR 3 billion Green Sukuk issued by Infralectric Private Limited with DIB Pakistan Limited, as the Lead Arranger of the Green Sukuk transaction demonstrating how ethical capital markets can lead the transition toward scalable, climate-aligned infrastructure financing.
Adil Aziz
BingX Brings SpaceX Pre-IPO Exposure On-Chain, Expanding Its Gateway to Future-Valued Assets
BingX, a leading cryptocurrency exchange and Web3-AI company, has announced the launch of SpaceX Pre-IPO perpetual futures, alongside the introduction of the SpaceX Xpool Airdrop campaign. This dual initiative enables users to gain exposure to one of the most closely watched private companies while earning rewards through participation.
Editor
Al-Ghazi Tractors Celebrates 600,000th Tractor
Al-Ghazi Tractors marked a defining milestone in Pakistan’s industrial history, celebrating the production of its 600,000th tractor at a ceremony held at its manufacturing facility in Dera Ghazi Khan, the same plant where the company first began production over four decades ago.
Mobilink Bank ranks among Top 10 organizations at GDEIB Awards 2026, recognized across all 15 categories
Pakistan’s leading digital microfinance bank, Mobilink Bank, has been named among the ‘Top 10 Inclusive Companies of the Year’ at the prestigious Global Diversity, Equity, and Inclusion Benchmarks (GDEIB) Awards 2026. The Bank secured recognition across all 15 award categories, reflecting its deep-rooted commitment to global DEI best practices and its continued efforts to drive inclusive growth in Pakistan.
Faysal Bank Achieves AA+ Rating from PACRA
Faysal Bank Limited (FBL), one of Pakistan’s leading Islamic banks, has been assigned a long-term entity rating of ‘AA+ (Double AA plus)’, upgraded from its earlier rating of ‘AA (Double AA)’, by Pakistan Credit Rating Agency (PACRA). The Bank’s short-term rating is at A1+ (A-one plus) with a stable outlook.
CCP authorizes acquisition of TPL insurance limited by “Jazz International Holding Limited”
The Competition Commission of Pakistan (CCP) has authorized the acquisition of M/s. TPL Insurance Limited by M/s. Jazz International Holding Limited from M/s. TPL Corp Limited following a Phase-I review.
Mobilink Bank, HBL Zarai Services partner to strengthen agricultural financing for underserved communities
Pakistan’s leading digital microfinance bank, Mobilink Bank has signed a crucial partnership with HBL Zarai Services Limited to advance agricultural financing for underserved communities under the ‘Zarkhez-e’ Asaan Digital Zarai Qarza Scheme.
Mobilink Bank and JazzCash Turn Chaklala Scheme-III Bazar Cashless to Advance PM’s Cashless Economy Vision
Mobilink Bank, Pakistan’s leading digital microfinance bank in collaboration with JazzCash, Pakistan’s leading digital financial services platform, has inaugurated the Chaklala Scheme-III Cashless Bazaar in Rawalpindi, covering 900 shops & carts, accelerating the push towards realizing the Prime Minister’s vision of a cashless economy led by State Bank of Pakistan. This step extends digital financial infrastructure into everyday marketplaces, making transactions simpler while empowering communities.
SECP Sanctions Additional Pension Funds for Balochistan and Punjab
The Securities and Exchange Commission of Pakistan (SECP) has further advanced Pakistan’s pension reform agenda by approving eight additional pension funds for the Government of Balochistan and one for the Government of Punjab.
Veon CEO lauds Mobilink Bank’s 35% green energy transition
Mobilink Bank is setting a new benchmark for sustainable banking in Pakistan, rapidly advancing its ESG-led transformation to become the country’s most forward-looking, responsible, and future-ready financial institution. With more than one-third of its nationwide branch network now powered by renewable energy, the Bank is decisively leading the shift toward low-carbon, inclusive finance at scale.
Mehfooz