--- title: "QistBazaar raises Rs500 million through privately placed Sukuk" description: "All outlets reported that QistBazaar raised Rs500 million through a privately placed Sukuk, noting it as the first tranche in a planned series. Most emphasized the significance of the financing for the company’s expansion or operations, with some using the term \"landmark\" to describe the issuance. The Nation and ProPakistani described the Sukuk as a \"landmark\" issuance, while Dawn and Daily Times framed it as part of a planned series. All outlets identified QistBazaar as a Buy Now, Pay Later or installment-financing platform." url: https://harzaviya.com/stories/5935-qistbazaar-raises-rs500m-through-sukuk-to-expand-financing site: HarZaviya language: en --- # QistBazaar raises Rs500 million through privately placed Sukuk business · latest filing 3 Sep 2026, 3:35 PM PKT · 1–3 Sep 2026 · 6 articles from 6 outlets over 2 developments **HarZaviya summary** — how 6 outlets covered this, generated automatically from their headlines and excerpts: > Most outlets reported that QistBazaar raised Rs500 million through a privately placed Sukuk, noting it as the first tranche in a planned series. The Nation and ProPakistani described the issuance as "landmark," while Dawn and Business Recorder included brief references to QistBazaar’s role as a Buy Now, Pay Later (BNPL) and installment-financing platform. Daily Times omitted the BNPL detail but added that the funding aims to expand financing. ## How it developed Newest development first. Each carries its own coverage and, where we have one, our summary of it. ### 3 Sep 2026 — QistBazaar Raises PKR 500 Million Through Landmark Sukuk Issuance (1 outlet) - **The Friday Times** — [QistBazaar Raises PKR 500 Million Through Landmark Sukuk Issuance](https://www.thefridaytimes.com/03-Sep-2026/qistbazaar-raises-pkr-500-million-landmark-sukuk-issuance) · 3 Sep 2026, 3:35 PM PKT > Karachi, September 01, 2026: QistBazaar, one of Pakistan’s leading Buy Now, Pay Later (BNPL) and installment-financing platforms, has successfully raised PKR 500 million through a privately placed Sukuk, marking the first tranche in a planned series of Sukuk issuances by the company. ### 1 Sep 2026 — QistBazaar raises Rs500 million through privately placed Sukuk (5 outlets) > All outlets reported that QistBazaar raised Rs500 million through a privately placed Sukuk, noting it as the first tranche in a planned series. Most emphasized the significance of the financing for the company’s expansion or operations, with some using the term "landmark" to describe the issuance. The Nation and ProPakistani described the Sukuk as a "landmark" issuance, while Dawn and Daily Times framed it as part of a planned series. All outlets identified QistBazaar as a Buy Now, Pay Later or installment-financing platform. - **ProPakistani** — [QistBazaar Raises PKR 500 Million Through Landmark Sukuk Issuance](https://propakistani.pk/2026/09/02/qistbazaar-raises-pkr-500-million-through-landmark-sukuk-issuance/) · 2 Sep 2026, 2:44 PM PKT > QistBazaar, one of Pakistan’s leading Buy Now, Pay Later (BNPL) and installment-financing platforms, has successfully raised PKR 500 million through… Read More - **Business Recorder** — [QistBazaar raises Rs500m through privately placed Sukuk](https://www.brecorder.com/news/40437532/qistbazaar-raises-rs500m-through-privately-placed-sukuk) · 2 Sep 2026, 7:57 AM PKT · 92% identical wording to the newest filing > KARACHI: QistBazaar, a leading Buy Now, Pay Later (BNPL) and installment-financing platforms, has successfully raised PKR 500 million through a privately placed Sukuk, marking the first tranche in a planned series of Sukuk issuances by the company. This inaugural PKR 500 million issuance is the first in a planned series of Sukuk through which QistBazaar intends to institutionalize its funding b... - **The Nation** — [QistBazaar raises Rs500 million through landmark Sukuk issuance](https://www.nation.com.pk/02-Sep-2026/qistbazaar-raises-rs500-million-landmark-sukuk-issuance) · 2 Sep 2026, 6:28 AM PKT · 94% identical wording to the newest filing > KARACHI - QistBazaar, one of Pakistan’s lead­ing Buy Now, Pay Later (BNPL) and installment-financing plat­forms, has successfully raised Rs 500 million through a privately placed Sukuk, marking the first tranche in a planned series of Su­kuk issuances by the company. - **Daily Times** — [QistBazaar raises Rs500m through Sukuk to expand financing](https://dailytimes.com.pk/1546607/qistbazaar-raises-rs500m-through-sukuk-to-expand-financing/) · 1 Sep 2026, 11:13 PM PKT · 89% identical wording to the newest filing > Pakistani installment-financing platform QistBazaar has raised Rs500 million through a privately placed Sukuk. The company announced the development on Tuesday. The Sukuk marks the first tranche in a planned series of issuances. The company described it as Pakistan’s first unrated, privately placed Sukuk of its kind. The transaction also expands QistBazaar’s access to institutional funding. […] - **Dawn** — [Pakistani installment-financing platform raises Rs500m through privately placed Sukuk](https://www.dawn.com/news/2026662/pakistani-installment-financing-platform-raises-rs500m-through-privately-placed-sukuk) · 1 Sep 2026, 10:39 PM PKT · 89% identical wording to the newest filing > A Pakistani instalment-financing platform, QistBazaar, said on Tuesday that it had successfully raised Rs500 million through a privately placed Sukuk bond. In a press release, QistBazaar — also a Buy Now, Pay Later (BNPL) platform — said the Sukuk marked the first tranche in a planned series of Sukuk issuances by the company. “The transaction represents Pakistan’s first unrated, privately place... 6 articles from 6 outlets, 1–3 Sep 2026. Headlines and links belong to their outlets — HarZaviya links out and never copies article text. --- HarZaviya compares how Pakistani outlets cover the same story. It stores and shows each outlet's headline and a short excerpt, and links out — it never copies article text, and every headline belongs to the outlet that wrote it. It takes no stance on any outlet. 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