Sbp Reports Rs151.43 Billion In Islamic Lending For February

As of February 26, 2026, the State Bank of Pakistan (SBP) reported a significant increase in Islamic interbank lending, totaling Rs151.43 billion. This figure highlights the active management of short-term liquidity within the Shariah-compliant banking sector. Notably, transactions between conventional banks and Islamic banks accounted for Rs69 billion, with overnight placements yielding returns between 10.50% and 11.10%. Additionally, the Islamic banking segment itself saw Rs42 billion in transactions, primarily for short tenures, with profit rates ranging from 10.47% to 10.75%. The overall profit rates in the Islamic interbank market varied between 10.00% and 11.10%, indicating stable liquidity conditions (Profit Pakistan, February 28, 2026). Furthermore, the SBP injected approximately Rs13 trillion into the market through Open Market Operations (OMO), which included Rs1.39 trillion via reverse repo, aimed at addressing liquidity shortages (mettisglobal.news, February 27, 2026). This substantial liquidity injection reflects the SBP's commitment to maintaining financial stability amidst ongoing economic challenges.