SECP and AAOIFI organized Pakistan’s inaugural conference on Islamic Capital Markets

The inaugural conference on Islamic Capital Markets by the Securities and Exchange Commission of Pakistan (SECP) & Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) was organized on Monday, May 29, 2023.

Federal Finance Minister Ishaq Dar, H.E. Sh. Ebrahim Bin Khalifa Al Khalifa, AAOIFI Board of Trustees Chairman, SBP Governor Jameel Ahmed, Minister for Reforms Ashfaq Tola & SECP Chairman Akif Saeed graced the conference as speakers. Ambassador of Turkmenistan to Pakistan, Atadjan Movlamov, also attended the conference.

At the conference, SECP and AAOIFI signed an MOU for mutual cooperation, exchange of information, and joint efforts for the development of the Islamic banking and finance industry.

The conference was supported by the Asian Development Bank (ADB), Pakistan Stock Exchange (PSX), National Clearing Company of Pakistan Limited (NCCPL), Central Depository Company (CDC), Almeezan Investments, and other leading industry players in the non-bank financial sector.