SECP approves 5 brokers to open Islamic Brokerage Windows
MG News | May 11, 2026 at 12:05 PM GMT+05:00
May 11, 2026 (MLN): The Securities and Exchange Commission of Pakistan (SECP) has granted approval to five securities brokers to open Islamic Brokerage Windows, aimed at facilitating halal investment for investors.
Through these Islamic Brokerage Windows, investors will be
able to directly invest in Shariah-compliant shares, Sukuk, and Islamic ETFs.
Funds of investors who open accounts under these windows
will strictly be used for Shariah-compliant investments only.
The SECP has stated that separate Islamic bank accounts and
dedicated trading systems will be utilised for these Islamic Windows, ensuring
that trading is conducted exclusively in Shariah-compliant companies.
The Commission further stated that it is continuously
implementing reforms to promote the Islamic financial system in the country.
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