Afghanistan warns Pakistan of ‘consequences’ if it launches cross-border attacks

An Afghan security personnel stands guard at a fenced corridor of the Afghanistan-Pakistan border in Spin Boldak district, Kandahar province on December 3, 2023. (AFP/File)
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Updated 28 June 2024
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Afghanistan warns Pakistan of ‘consequences’ if it launches cross-border attacks

  • Pakistan’s Defense Minister Khawaja Asif hinted Pakistan could strike militants in Afghanistan to protect its sovereignty 
  • Pakistan blames Afghanistan for sheltering militants that launch cross-border attacks in its territory, a charge the Taliban deny

ISLAMABAD: Afghanistan’s defense ministry on Friday hit back at Pakistani Defense Minister Khawaja Asif’s recent statements in which he threatened cross-border attacks into Afghanistan, warning Islamabad it would be responsible for the ensuing “consequences.” 

In an interview with a foreign news outlet on Thursday, Asif said “nothing is more important than Pakistan’s sovereignty” when asked whether Pakistan would consider cross-border attacks in Afghanistan to contain militants. 

Pakistan blames the Taliban-led government for harboring militants on Afghan soil. Islamabad alleges that the Pakistani Taliban or Tehreek-e-Taliban Pakistan (TTP) launched attacks in Pakistan from sanctuaries in Afghanistan. Kabul has denied the allegations and said Pakistan’s security lapses are its internal responsibility. 

“It’s necessary for the leadership of Pakistan not to allow anyone to make such sensitive statement on sensitive issues,” Afghanistan’s Defense Ministry wrote on social media platform X. 

“Anyone who violates our border under any pretext will be responsible for the consequences,” it added. 

The ministry repeated that it was Afghanistan’s principle position that it does not allow Afghan soil to be used against any country.

Tensions came to a head in March when Pakistan targeted multiple suspected hideouts of the TTP inside Afghanistan via airstrikes. Pakistan struck the targets two days after insurgents killed seven Pakistani soldiers in a suicide bombing and coordinated attacks in Khyber Pakhtunkhwa (KP) province bordering Afghanistan. 

The Pakistani Taliban are a separate group but are allies of the Afghanistan Taliban, who seized power in Afghanistan in 2021 as the US and NATO troops were in the final stages of their pullout. The Taliban takeover in Afghanistan emboldened TTP, whose top leaders and fighters are hiding in Afghanistan.

Though the Taliban government in Afghanistan often says it will not allow TTP or any other militant group to attack Pakistan or any other country from its soil, the Pakistani Taliban have stepped up attacks inside Pakistan in recent years, straining relations with the Afghan Taliban government. 


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

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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.