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April 20, 2026
Pakistan has launched its first telecom-focused green sukuk worth Rs3 billion. The initiative will fund solar and battery solutions for telecom infrastructure.
InfraZamin Pakistan Limited, in collaboration with Infralectric Private Limited and leading financial institutions, has facilitated the country’s first green sukuk for the telecom sector, valued at Rs3 billion.
The Shariah-compliant instrument carries a top-tier credit rating and is fully backed by a principal guarantee from InfraZamin, aimed at encouraging investor participation. Proceeds will fund the rollout of battery storage and solar energy systems across telecom tower infrastructure nationwide.
Pakistan’s telecom network, comprising tens of thousands of tower sites, has traditionally depended on diesel-based power, particularly in off-grid areas. The planned deployment of lithium-ion storage, solar solutions and AI-driven energy management systems is expected to improve efficiency, lower fuel costs and reduce environmental impact.
Maheen Rahman, CEO of InfraZamin, said the initiative “demonstrates how innovative credit enhancement can unlock capital markets for transformative green infrastructure.”
The offering attracted strong investor interest, reflecting growing appetite for sustainable finance instruments. Officials noted that the project will also contribute to job creation and support Pakistan’s broader shift towards cleaner energy and resilient infrastructure systems.
