Government Raises Profit Rates for Islamic Naya Pakistan Certificates

The Finance Division has increased the rates of return for Pakistan Rupee-denominated and other currency-sponsored Islamic Naya Pakistan Certificates (INPCs) across various maturities. According to a notification from the State Bank of Pakistan (SBP), the rate of return for three-month PKR-denominated INPCs has been raised from 9.5 percent to 15.00 percent, while certificates with a six-month maturity have seen their rates increased from 10.00 percent to 15.25 percent.

The one-year rate of return has been increased from 10.50 percent to 15.50 percent, while the rates for 3-year and 5-year INPCs have been raised to 14 percent and 13.50 percent, up from the previous rates of 10.75 percent and 11 percent, respectively.

It’s worth mentioning that the government has already increased the rates of return for the US dollar, British Pound, and Euro-denominated NPCs for resident Pakistanis with Roshan Digital Accounts, with different maturities.

Government Raises Profit Rates for Islamic Naya Pakistan Certificates

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