The Introduction of Sukkuk and Islamic stock market indices have also added the necessary depth and breadth to the Islamic financial markets. In particular Sukuk; has proved to be a powerful tool in attracting investors and building their confidence in Islamic finance while fulfilling financing needs of the public and private sector in a Shariah compliant manner.
Pakistan is no exception to this; rather the country has remained at the fore front in promoting Islamic finance by being a key member of International Islamic finance institutions established to develop necessary legal, regulatory, supervisory and Shariah compliance infrastructure for Islamic finance institutions.