Islamabad: The Securities and Exchange Commission of Pakistan (SECP) has initiated a comprehensive Knowledge, Attitude, and Practices (KAP) study aimed at enhancing the Islamic Capital Market. Announced on September 4, 2024, this survey seeks to assess the current awareness, attitudes, and practices surrounding Islamic financial products among market intermediaries.

According to information available from the Pakistan Stock Exchange (PSX), the SECP's study is critical for tailoring policy measures that will support the growth and robustness of the Islamic Capital Market. This initiative calls for active participation from securities brokers, who are encouraged to engage at least three mid to senior-level officers to complete the survey. This collaborative effort is expected to provide valuable insights that will guide future regulatory and developmental policies in the sector.

The SECP's proactive approach in conducting this survey underscores its commitment to fostering an informed and effective market environment, which is crucial for the ongoing development of Islamic finance in Pakistan.