Such Sukuk can be issued without being backed by substantial physical assets

Funds projects that can deliver economic returns and positive environmental, social impacts

Approach allows govts to undertake projects without overburdening fiscal budgets

Islamic finance is no longer niche market but significant player in global financial landscape

Synergy between Islamic finance and CPEC presents opportunities for sustainable development, economic integration

Tokenisation of Sukuk allows investors to purchase, trade smaller portions of bond

Upgrading knowledge, skills of current banking professionals a paramount concern

Such financing creates financial instruments that address social issues, promote equitable society

Estimate shows zakat worth Rs2,743b, or 4% of GDP, can be collected annually

Supporters call for more customised benchmark aligning with unique requirements and values