Pakistan to resume ‘friendship’ train service to India on Monday

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Indian passengers of Samjhauta Express train wave at relatives at Wagah Railway Station in Pakistan's eastern city of Lahore on April 28, 2018. (AN photo)
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Passengers from India with their belongings wait for Samjhauta Express train which was temporarily suspended after Pakistan shot down two Indian military aircrafts. (REUTERS)
Updated 03 March 2019
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Pakistan to resume ‘friendship’ train service to India on Monday

  • Samjhauta Express service was suspended on Thursday as the nuclear-armed neighbors engaged in their worst standoff in decades
  • Train will leave for Attari in India from Lahore Railway Station at 8 a.m.

LAHORE: Pakistan will resume the bi-weekly Samjhauta Express, commonly known as the Friendship Express, train service between India and Pakistan on Monday, three days after it was suspended as the nuclear-armed neighbors engaged in their worst standoff in decades.
Last week, escalation of hostilities between the arch-rivals, including aerial dogfights and heavy shelling along the border, nearly brought them to the brink of war. 

The neighbours have fought three wars, two of them over the disputed Kashmir region, which they both claim in full but administer in part. 
“The Samjhauta Express train will leave for Attari from platform 1 at 8 a.m. and the minister for railways has already announced the decision,” Railways spokesman Syed Ejaz Ahmad told Arab News on Sunday.
He said another train, the Thal Express, had already taken 600 passengers to India on Friday and returned the following day.
The Samjhauta Express direct service was established in 1976 and runs twice a week – from Lahore, Pakistan, every Monday and Thursday morning and from Delhi, India, every Saturday and Wednesday night.
On Thursday, the Pakistan foreign office said in light of ongoing tensions between Pakistan and India, operations of the Samjhauta Express had been suspended and would resumed “as soon as the security situation improves between India and Pakistan.” Following the Pakistani announcement, India also suspended the service on its side.
In 2007, two bombs exploded on board the Samjhauta Express bound from India to Pakistan, sparking a fire that killed at least 66 passengers and nearly sabotaging ongoing peace talks.
The train was first suspended on January 1, 2002 after an attack on Indian parliament in December 2001. Service resumed on January 15, 2004. Service was also suspended following the assassination of former Pakistani prime minister Benazir Bhutto in December 2007 to deny militants a "high-value target."


Pakistan issues over $7 billion sukuk in 2025, nears 20 percent Shariah-compliant debt target

Updated 29 December 2025
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Pakistan issues over $7 billion sukuk in 2025, nears 20 percent Shariah-compliant debt target

  • Finance Adviser Khurram Schehzad says this was the highest-ever Sukuk issuance in a single calendar year since 2008
  • Pakistan’s Federal Shariat Court ordered in 2022 the entire banking system to transition to Islamic principles by 2027

ISLAMABAD: Pakistan’s Finance Adviser Khurram Schehzad on Monday said the country achieved a landmark breakthrough in Islamic finance by issuing over Rs2 trillion ($7 billion) sukuk this year, bringing it closer to its 20 percent Shariah-compliant debt target by Fiscal Year 2027-28.

A sukuk is an Islamic financial certificate, similar to a bond, but it complies with Shariah law, which forbids interest. Pakistan’s Federal Shariat Court (FSC) had directed the government in April 2022 to eliminate interest and align the country’s entire banking system with Islamic principles by 2027.

Following the ruling, the government and the State Bank of Pakistan (SBP) have undertaken a series of measures, including legal reforms and the issuance of sukuk to replace interest-based treasury bills and investment bonds.

“In 2025, the Ministry of Finance (MoF) through its Debt Management Office, together with its Joint Financial Advisers (JFAs), successfully issued over PKR 2 trillion in Sukuk,” Schehzad said on X, describing it as “the highest-ever Sukuk issuance in a single calendar year since 2008 by Pakistan.”

Pakistan made a total of 61 issuances across one-, three-, five- and 10-year tenors, according to the finance adviser. The country also successfully launched its first Green Sukuk, a Shariah-compliant bond designed to fund environment-friendly projects.

He said the Green Sukuk was 5.4 times oversubscribed, indicating investor demand was more than five times higher than the amount the government planned to raise, which showed strong market confidence.

“The rising share of Islamic instruments in the government’s domestic securities portfolio (domestic debt) underscores strong momentum, growing from 12.6 percent in June 2025 to around 14.5 percent by December 2025, clearly positioning the MoF to achieve its 20 percent Shariah-compliant debt target by FY28,” Schehzad said.

“This milestone also reflects the structural deepening of Pakistan’s Islamic capital market, sustained investor confidence, and the strengthening of sovereign debt management.”

He said Pakistan was strengthening its government securities market by making it more resilient, diversified, and future-ready, supported by a stabilizing macroeconomic environment, a disciplined debt strategy, and a clear roadmap for Islamic finance.