The Securities and Exchange Commission of Pakistan (SECP) has notified the Shariah Governance Regulations, 2023, revamping the regulatory framework by combining and repealing the earlier Shariah Governance Regulations, 2018 and the Shariah Advisors Regulations, 2017. The new regulations, issued under Section 512(1) read with Section 451 of the Companies Act, 2017, have introduced the concepts […]
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