KARACHI: Pakistan Stock Market (PSX) has been awarded the very best Islamic stock market award by International Islamic Financing Awards (GIFA) for the year 2021.
PSX has a robust system for giving Shariah-compliant items including committed Islamic indices, equities as well as financial debt instruments.
Talking at the occasion, PSX Chairperson Dr Shamshad Akhtar stated it was definitely an immense achievement for PSX to have won the award. “Islamic equity and financial obligation items create a big section of the demand in international capital markets. PSX’s winning this distinction shows that it is a costs platform for listing and investing of Islamic resources market items,” she said.
She added that the winning of this honor supports that PSX is heading in the right instructions in terms of helping with and supplying Islamic resources market products and offerings. “We intend to improve Islamic money organization at PSX, and also ensure furthering PSX’s regulatory, operational, technical criteria and items in giving diversified Islamic products as well as helping with shariah-compliant equity and financial debt listings”.