Pakistan's Ministry of Finance raised Rs144.153bn through a Government of Pakistan Hybrid Sukuk auction held at the Pakistan Stock Exchange on 19 August 2026. Demand ran far ahead of the amount taken: total bids reached Rs573.007bn in face value, with a realised bid value of Rs553.

The Islamic Development Bank Institute (IsDBI) and Morocco's Maghreb Bank for Investment and Foreign Trade (BMICE) signed a grant agreement in Jeddah on August 12 to help BMICE stand up its own Islamic finance window. The agreement funds technical assistance rather than capital: IsDB Institute will work with