font face="arial" style="" size="1">While addressing a press conference to unveil details on the upcoming second international conference on ‘Islamic Capital Market’ later this month by the SECP, Saeed said an internal assessment suggested the level of compliance in line with global standards jumped to 90% at local capital markets e.g. Pakistan Stock Exchange (PSX) last year.

font face="arial" style="" size="1">SECP, Head of Islamic Finance, Tariq Naseem said the level of compliance of Pakistan’s capital markets with the International Organisation of Securities Commissions (IOSCO) principles for securities regulation was earlier assessed at 86% in an independent international assessment conducted in 2015 and 2018.