PAKISTAN: Darson Securities has established an Islamic brokerage window following approval from the Securities and Exchange Commission of Pakistan. Al-Hilal Shariah Advisors acted as the Shariah adviser for the initiative and will continue to provide Shariah monitoring services. The launch forms part of ongoing efforts to expand Islamic capital market offerings in Pakistan involving market infrastructure entities including the Pakistan Stock Exchange, National Clearing Company of Pakistan, Central Depository Company of Pakistan and Pakistan Mercantile Exchange.
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