Pakistan to Launch First Panda Bond Next Week
May 11, 2026
SECP has approved Islamic brokerage windows for 5 securities firms, allowing ivestors to access Shariah compliant stocks, sukuk and Islamic ETFs through dedicated trading systems.
The Securities and Exchange Commission of Pakistan (SECP) has expanded access to Shariah-compliant investment choices in Pakistan’s capital markets by approving Islamic broking windows for five securities firms.
Through specialised Islamic trading platforms, investors will be able to directly invest in Shariah-compliant shares, Sukuk, and Islamic exchange-traded funds (ETFs) under the new system.
The SECP claims that investor money deposited in these Islamic broking accounts will only be used for investments that adhere to Shariah. Only authorised Shariah-compliant stocks may be traded through the broking windows, which will function through distinct Islamic bank accounts and specialised trading platforms.
In response to the Federal Shariat Court’s direction to move toward an interest-free financial system by 2027, the program is a part of larger efforts to grow Pakistan’s Islamic banking ecosystem.
According to official data, more than half of listed equities on the Pakistan Stock Exchange are currently considered Shariah-compliant, accounting for a major share of market capitalization and trading activity.
