Pakistan’s Arshad Nadeem secures spot in World Athletics final, qualifies for Paris Olympics

Pakistan's Arshad Nadeem in action during Men's Javelin Throw qualification round at the World Athletics Championship in Budapest, Hungary on August 25, 2023. (REUTERS)
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Updated 25 August 2023
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Pakistan’s Arshad Nadeem secures spot in World Athletics final, qualifies for Paris Olympics

  • In stunning display of skill, the javelin thrower achieved a remarkable 86.79-meter throw on Friday
  • Last year, he won top medal at Commonwealth Games in fifth-round throw of 90.18 meters, a new record

ISLAMABAD: In a stunning display of skill, Pakistan’s premier javelin thrower Arshad Nadeem not only secured a spot in the final of the ongoing World Athletics Championship in Hungary but also guaranteed his participation in the 2024 Paris Olympics with a remarkable 86.79-meter throw on Friday.

Amidst a gathering of top international athletes, Nadeem commenced with a throw spanning 70.63 meters. However, he swiftly rebounded in a remarkable display of resilience and surged past the 81-meter mark on his second attempt.

He also crossed the Olympic qualifying benchmark of 83 meters, pushing his way into the group of top 12 international javelin throwers that will compete with one another in France in the coming year.

“WAPDA Sports Board athlete Arshad Nadeem, representing Pakistan in World Athletics Championship in Budapest, Hungary, qualified for Javelin Finals with 86.79 meter throw,” announced Pakistan’s state-owned public utility company, WAPDA, in a social media post while sharing a video of Nadeem’s latest throw. “He also qualified for Paris Olympic Games 2024.”

The star Pakistani sportsman hails from a small town, Khanewal, located in Punjab province. He is one of the nine children of a daily wage laborer who showed great versatility as an athlete from a young age while dabbling in all kinds of sports at school.

Although his family lacked financial means to encourage Nadeem’s enthusiasm for sports, his spirit earned him the support he needed, with his elder brothers working to help him build a career in athletics.

Last year, he won the top medal at the Commonwealth Games in a fifth-round throw of 90.18 meters, making a new record at the games where he currently holds the title of the biggest throw recorded by a South Asian athlete.


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.