Amid peace talks push, TTP warns Pakistan it is neither ‘tired nor hopeless’ of fighting

Pakistani soldiers arrive at the site of a court complex after multiple suicide bombings in the Tangi area of Charsadda district in Pakistan on February 21, 2017. (AFP/File)
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Updated 27 July 2022
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Amid peace talks push, TTP warns Pakistan it is neither ‘tired nor hopeless’ of fighting

  • Pakistani clerics’ delegation arrived in Kabul this week to discuss bilateral ties, push peace process between TTP and government
  • TTP’s main demand is that Pakistan scrap 2018 law that stripped semi-independent status of former tribal regions bordering Afghanistan

ISLAMABAD: The Pakistani Taliban, or the Tehreek-e-Taliban Pakistan (TTP), have urged the Pakistani state to establish Islamic law and warned that the group is “nether tired nor hopeless” of fighting what it described as a holy war to achieve its goals.

The TTP’s statement, released to the media on Tuesday, comes after the visit to Kabul by a delegation of top Pakistani clerics to discuss Pakistan-Afghanistan bilateral ties and push forward an ongoing peace process between the banned TTP and the government in Islamabad. 

The TTP, which wants to impose Shariah law in Pakistan, has carried out some of the bloodiest attacks in the country since 2007, including a 2014 assault on a military-run school in Peshawar in which 134 students were killed. The group is not directly affiliated with the Afghan Taliban, but has pledged allegiance to them. 

On June 4, the group extended its cease-fire with the government for an indefinite period, after two-day talks with a delegation of Pakistani tribal elders facilitated by the Afghan Taliban.

In a latest press release, the TTP thanked the Pakistani delegation for taking the time to visit Afghanistan and acknowledged the efforts of the Afghan government in facilitating peace talks. The group, however, warned the Pakistani state that it is not tired of “Jihad,” or holy war.

“Alhamdulillah, we are neither tired nor hopeless, nor is Jihad a path of despair and hopelessness, but it is certain that Jihad is a path of patience and difficulties, and transformations and changes that are impossible become possible due to the blessed action of Jihad,” the TTP said.

The TTP’s main demand for peace talks to go forward is that Pakistan scrap a 2018 law that did away with the semi-independent status of the former tribal regions that dates back to British colonial rule. The law aimed to grant equal rights to millions of residents in the restive FATA areas once they were incorporated into Pakistan’s authority as Khyber Pakhtunkhwa province. 

The group also wants Pakistani troops to pull out of Khyber Pakhtunkhwa, release all the TTP fighters in government custody and revoke all the legal cases against them.

In its latest statement, the TTP said it is not an anti-state group or under the influence of anti-Pakistan forces, adding that it is an “armed power” that is waging Jihad to implement the “ideology of Pakistan,” which it believes is Shariah law. 

It said ethnic Pashtuns residing in the tribal areas had decided to become a part of Pakistan at the time of the partition of British India in 1947 on the condition that Islamic law would be established in the country. But this had not happened despite the passage of over seven decades, the group said. 

“The main obstacles in the implementation of this agreement are the army and political families of Pakistan which we have unfortunately inherited from the Europeans,” the TTP said. “Regarding Pakistan, we believe that the implementation of the ideology of Pakistan is the sole guarantor of Pakistan’s welfare, unity, peace and progress.” 

The Pakistani military or government have not yet responded to the TTP’s statement. 


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.