Non-Bank Financial Growth Hits Rs6.84tn in Pakistan
Pakistan’s Non-Bank Financial Growth reached Rs6.84 trillion by December 2025. The Securities and Exchange Commission of Pakistan shared this update in its latest data release. Total assets increased from Rs5.63 trillion in June. As a result, this rise shows strong investor interest and expanding private credit activity.
Mutual Funds Lead Asset Expansion
Mutual funds remained the largest segment in the financial system. Assets grew to Rs4.5 trillion during the six month period. Meanwhile, the number of funds increased from 369 to 409. In addition, investor accounts rose by 8% to reach 845,000. Money market funds held a 44% share of total investments. Income funds followed with 23%, while equity funds made up 14%. Therefore, many investors preferred stable and lower risk options. This shift reflects caution during ongoing economic adjustments.
Lending Firms Show Rapid Growth
Lending focused institutions also recorded strong progress. Their combined assets surged by 65% to Rs824 billion. Businesses now explore funding options beyond traditional banks. Consequently, private lending continues to gain attention in Pakistan.
Pension and Shariah Compliant Assets Rise
Participation in voluntary pension schemes expanded steadily. The number of contributors crossed 143,000 nationwide. Pension accounts grew by 30% in six months. Similarly, Shariah compliant assets reached Rs2.47 trillion. These assets now represent 36% of the total sector size. This trend highlights sustained demand for Islamic financial products.
The number of registered non-bank financial firms rose to 185. Previously, the total stood at 174 in June. Authorities aim to deepen capital markets further. Moreover, this expansion supports broader financial inclusion.
