Pakistan wins two international awards for $1 billion syndicated financing

Pakistan has secured two international awards for its $1 billion syndicated financing, with Islamic Finance News naming the transaction both Pakistan Deal of the Year 2025 and Syndicated Finance Deal of the Year 2025, the Finance Ministry said.

In a statement, the ministry said the landmark financing had been recognized at the IFN Deals of the Year Awards 2025, calling it a major achievement on the global Islamic finance stage.

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

He described the recognition as “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”.

Aurangzeb said the $1 billion syndicated financing represents not only a financial milestone but also a sign of renewed credibility and a disciplined approach to macroeconomic management. He said the transaction was made possible through collaboration with development partners and financial institutions, and specifically acknowledged the role of the Asian Development Bank in facilitating the deal. He also recognized the contribution of participating banks, legal advisers and other stakeholders.

He added that recognition by Islamic Finance News, which he described as a leading global Islamic finance publication, underscores Pakistan’s commitment to advancing Shariah-compliant financial instruments and strengthening the domestic Islamic finance ecosystem.

About the awards

The IFN Deals of the Year Awards are regarded as among the most respected distinctions in the Islamic finance industry, recognizing landmark transactions across jurisdictions and sectors. The awards are determined through an independent evaluation process and assess excellence in structuring, innovation and market impact, the statement said.

The awards ceremonies are scheduled for April 13, 2026, at the Palazzo Versace Dubai, and April 22, 2026, at EQ Kuala Lumpur, bringing together policymakers, financial institutions, investors and other industry stakeholders.