The Securities and Exchange Commission of Pakistan (SECP) has approved five securities brokers to open Islamic Brokerage Windows for facilitating halal investment for investors, it was reported on Monday.
The SECP said the approved companies included Insight Securities (Private) Limited, Optimus Capital Management (Private) Limited, Value Stocks and Commodities (Private) Limited, Intermarket Securities Limited, and Dawsons Securities (Private) Limited.
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 use the same funds for the 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.
It is necessary to mention here that in December 2025, the SECP directed the Pakistan Stock Exchange (PSX) to promote Shariah-compliant brokerage services in equity trading as part of efforts to align the country’s capital markets with the FSC ruling.
