Islamabad May 19 2025: The Securities and Exchange Commission of Pakistan (SECP) has proposed a series of measures aimed at strengthening the presence and operations of Shariah-compliant intermediaries within the capital market.
As part of its strategy, the SECP has outlined a phased approach encouraging institutional investors adhering to Islamic principles to engage exclusively with Shariah-compliant brokers. Additionally, Islamic financial institutions are being urged to channel their takaful and investment activities through these specialized intermediaries.
To streamline operations and enhance visibility, the SECP also plans to create a distinct category for Shariah-compliant intermediaries on its Centralized Gateway Portal. Furthermore, a dedicated list of Shariah-compliant asset management companies will be introduced to support investor decision-making and promote Islamic finance.
These initiatives reflect the SECP’s commitment to fostering a more inclusive and robust Islamic capital market in Pakistan.
