SECP allows multiple Sahulat Accounts, but only one per broker

MG News | April 02, 2026 at 03:59 PM GMT+05:00

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April 02, 2026 (MLN): In a major development for investors, the Securities and Exchange Commission of Pakistan (SECP) has approved new reforms allowing multiple Sahulat Accounts to be opened with different securities brokers, effective immediately.

Under the revised rules, each investor is permitted to maintain only one Sahulat Account per securities broker, while the maximum limit for each account has been set at Rs3 million.

The Pakistan Stock Exchange (PSX) emphasized that all other terms and conditions related to Sahulat Accounts and Simplified KYC remain unchanged.

Investors and brokers are advised to update their systems accordingly and reach out to PSX, NCCPL, or CDC for any additional clarifications or information.

The aforementioned information was disseminated through a notification to Exchange.

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