KARACHI: Pakistan Inventory Change (PSX) has been awarded the most effective Islamic inventory alternate award by World Islamic Finance Awards (GIFA) for the 12 months 2021.
PSX has a strong platform for offering Shariah-compliant merchandise together with devoted Islamic indices, equities and debt devices.
Talking on the event, PSX Chairperson Dr Shamshad Akhtar acknowledged it was undoubtedly an immense achievement for PSX to have received the award. “Islamic equity and debt products form a large portion of the demand in international capital markets. PSX’s winning this accolade shows that it is a premium platform for listing and investing of Islamic capital market products,” she remarked.
She added that the profitable of this award endorses that PSX is not off course by way of facilitating and offering Islamic capital market merchandise and choices. “We intend to build on Islamic finance business at PSX, and ensure furthering PSX’s regulatory, operational, technological standards and products in providing diversified Islamic products and facilitating shariah-compliant equity and debt listings”.
Printed in Daybreak, September 15th, 2021