Pakistan, June 10 -- The federal government has successfully launched its first Green Sukuk, a Shariah-compliant bond designed to fund environmentally friendly projects across the country. The Rs 30 billion inaugural issuance, conducted through the Pakistan Stock Exchange (PSX), marks a major step in aligning Pakistan's financial markets with global green financing standards. The Ministry of Finance (MoF) spearheaded this landmark initiative, which will direct investments toward renewable energy, clean transportation, and climate-resilient infrastructure, according to 2024-25 Economic Survey report. Unlike conventional bonds, the Green Sukuk ensures all funded projects meet strict environmental and social criteria, making it a pioneering in...