On Eid, Karachi’s Civil Lines neighborhood becomes hotspot for ‘premium’ animals 

Man walks past rows of sacrificial animals in the Karachi’s Civil Lines neighborhood on June 15, 2024. (AN Photo)
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Updated 18 June 2024
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On Eid, Karachi’s Civil Lines neighborhood becomes hotspot for ‘premium’ animals 

  • After months of record inflation, many Pakistanis will be struggling to afford animals at prices starting from around $350
  • But expensive animals whose price can go beyond $10,000 are the ultimate symbol of social prestige and generosity 

KARACHI: For most of the year, Karachi’s Civil Lines neighborhood remains serene, a peaceful urban retreat of high-rise residential apartments and markets. 

But as Eid Al-Adha approaches, the quiet streets start bustling with activity as makeshift stalls and tents pop up, each equipped with soft bedding, special lights and fans in the service of special guests – expensive or ‘premium’ sacrificial animals. 

The prized animals, whose price can range between $3,000 and $11,000, are mostly raised on cattle farms outside the city, and moved to the Civil Lines neighborhood in the weeks ahead of Eid, giving the area a festival-like atmosphere.

Many people in Pakistan like to buy expensive sacrificial animals on Eid, as purchasing larger or more premium animals is seen as a mark of prestige and generosity. The preference for costly animals is also influenced by the desire to fulfill the religious obligation with the best possible offering.

“There is no price for passion,” Muhammad Mustafa, a student at the Institute of Business Administration whose family is associated with the cattle business, told Arab News.

“Everyone performs this [ritual] according to their budget in my opinion, so the prices of animals in our area can go above Rs2 million [$7,180] or Rs3 million [$10,770].”

These prices are sharp for Pakistan, where after months of record inflation, many will be struggling to afford even regular sheep at prices starting from around $350. But the expensive animals are also the ultimate symbol of social prestige in a country where the GDP per capita does not exceed $1,600.

“FUNFAIR”

Karachi, a city of over 20 million people, hosts the country’s largest cattle market on its outskirts, where animals from across Pakistan are put up for sale, as well as 21 other smaller bazaars.

However, what sets Civil Lines apart from other neighborhoods is not just the availability of expensive animals but also the large number of people who raise high-value breeds on farmhouses.

Mustafa is one of those who strikes deals with cattle farmers in advance, providing them with a calf, which is raised for a year or two until it becomes eligible for sacrifice, a determination based on the count of its teeth— two or more.

“It has four teeth, so we raised it for almost two years. It grabs its proper strength, catches its life, catches its round shape, so it feels attached to the heart, so we people sacrifice it,” he said as he gestured toward his cow that neighbors and friends had come to call “Black Beauty” and which is valued at Rs1 million ($3,588).

Connoisseurs also hire caretakers to look after the animals and provide them with customized and specially prepared feed and shelter in waterproof tents equipped with fans, cushioning and special lighting. 

Various local and international breeds of animals can be found in Civil Lines, including Sahiwal, Australian and Sibi breeds, with visitors stopping to take selfies with the beautiful cows and goats. 

“It’s about half-past midnight, and people here descend with their families after 10 o’clock and also serve their animals,” said Maaz Liaquat Abdullah, who works in the construction business. “The whole place becomes a funfair,.”

Abdul Rauf Shivani, a banker, attributed the popularity of high-priced animals in Civil Lines to the community’s “deep pockets.”

“What people do is basically they try to bring in the animals for sacrifice and they also try to give comfort to animals and make sure that they are actually in a very safe area,” Shivani added.

And while adults in the area typically buy expensive cows, children often opt to raise goats. 

One such kid was Mohammad Yahya, 6, who said he had raised his male goat at a farmhouse in Mirpur Khas in Sindh and affectionately called him Chanchanu.

“He runs very fast, he doesn’t come under control,” Yahya said as he placed some grass in front of his goat.

Around him, children led their animals along the streets.

“Most of the population living here is from the Memon community,” said Abdullah, the construction business professional, “who have the love for animals in their genes, especially the love for sacrificial animals.”


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.