Karachi: The Securities and Exchange Commission of Pakistan (SECP), in collaboration with the Pakistan Stock Exchange Limited (PSX) and IBA Center for Excellence in Islamic Finance (IBA-CEIF), has announced a public consultation session set to take place on May 13, 2025. This session aims to propose a regulatory framework for the revitalization of the institution of Waqf in Pakistan.

The session will be held at the PSX Auditorium on the 3rd floor from 15:00 to 17:00. It is designed to engage a broad range of stakeholders, including financial sector professionals, representatives from Waqf and other charitable institutions, Shariah scholars, corporate CSR fund managers, and development sector professionals. The focus will be on gathering valuable feedback to strengthen the role of Waqf institutions in Pakistan's economic and social development.

According to information available from the Pakistan Stock Exchange (PSX), the consultation session is part of a broader initiative to enhance the effectiveness and contributions of Waqf in the national landscape. The designated market category for this event encompasses professionals associated with financial and development sectors, as well as those involved in corporate social responsibility.

Participants are expected to delve into discussions that will shape the future regulatory environment for Waqf, potentially influencing policies that govern charitable and religious endowments in the country. The SECP's collaboration with PSX and IBA-CEIF underscores the importance of multi-stakeholder engagement in developing an inclusive and robust framework for Waqf.