Shamshad Akhtar

PSX Hosts Malaysian Delegation to Strengthen Islamic Finance Collaboration

PSX Hosts Malaysian Delegation to Strengthen Islamic Finance Collaboration

KARACHI April 16, 2025:Pakistan Stock Exchange (PSX) welcomed a high-profile delegation of Malaysian Shariah Advisors and Islamic finance professionals, reaffirming the shared vision of deepening cross-border cooperation and advancing Shariah-compliant capital markets.

PSX Hosts Malaysian Delegation to Strengthen Islamic Finance CollaborationThe distinguished guests were received with warmth and honor by PSX Chairperson Dr. Shamshad Akhtar, Managing Director and CEO Mr. Farrukh H. Sabzwari, alongside key industry leaders including Mr. Badiuddin Akber, CEO of CDC; Mr. Imran Ahmed Khan, Deputy CEO of NCCPL; Mr. Farrukh Ansari, Chairman of PMEX; PSX Board Members; PSX senior management; and members of the PSX Shariah Focus Group.

PSX Hosts Malaysian Delegation to Strengthen Islamic Finance CollaborationIn her welcome address, Dr. Shamshad Akhtar commended Malaysias pioneering role in Islamic finance and expressed optimism about building a robust relationship between the Islamic finance sectors of Malaysia and Pakistan. She highlighted the importance of knowledge-sharing and collaboration in developing innovative and resilient Islamic financial ecosystems.

A special Gong Ceremony was held in honor of the Malaysian delegation, symbolizing the strengthening of bilateral ties and commitment to mutual growth in Islamic capital markets.

Speaking on the occasion, PSX MD/CEO Mr. Farrukh H. Sabzwari emphasized the significance of such engagements in promoting international partnerships and hoped for collaboration in future to learn from each others experiences in Islamic finance.

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