Islamabad says 21,700 Hajj pilgrims have left for Pakistan from Madinah

Officials check baggage of Hajj pilgrims as they arrive at the Sialkot International Airport in Sialkot on June 20, 2024. (APP/File)
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Updated 29 June 2025
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Islamabad says 21,700 Hajj pilgrims have left for Pakistan from Madinah

  • Pakistani pilgrims arrive in Madinah after completing their Hajj rituals in holy city of Makkah
  •  Pakistan’s post-Hajj flight operation, which began on June 11, expected to continue till July 10

ISLAMABAD: Pakistan’s post-Hajj flight operations are in full swing as 21,700 pilgrims have so far departed for Pakistan from Madinah, state-run media reported this week, with more expected to leave in the coming days. 

Pakistan began its post-Hajj flight operations on June 11 with the arrival of a Pakistan International Airlines flight, PK-732, in Islamabad carrying 307 pilgrims. The flights are expected to conclude by July 10.

State broadcaster Radio Pakistan reported on Saturday that Pakistani pilgrims are arriving in Madinah following the completion of their Hajj rituals in Makkah. It said the post-Hajj phase has begun under the supervision of the newly established Main Control Office (MCO) to facilitate Pakistani pilgrims for their return to the country. 

“So far, 21,700 Pakistani pilgrims have departed for Pakistan from Madinah, with the remaining expected to leave in the coming days,” the state broadcaster said. 

It said the MCO, set up in coordination with the Pakistan Hajj Mission Madinah, has been equipped with dedicated sections such as Lost and Found, Complaint Cell, Airport Team and other support services.

It said all sections are fully operational to ensure seamless facilitation for pilgrims traveling from Makkah to Madinah before their return to Pakistan.

“The office is managing pilgrims’ accommodation, food, transportation, and other logistical needs during their stay in Madinah,” Radio Pakistan said. 

Pakistan received a quota of 179,210 pilgrims from Saudi Arabia for Hajj 2025, which was evenly divided between the government and private Hajj operators.

While the government filled its full allocation of over 88,000 pilgrims, a major portion of the private quota remained unutilized due to delays by companies in meeting payment and registration deadlines.


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.