The Securities and Exchange Commission of Pakistan has approved the issuance, circulation and publication of the prospectus for the initial public offering of 30,000,000 ordinary shares of Pak-Qatar General Takaful Limited, representing 29.67% of its total post-IPO paid-up capital. The offering will use the book-building method, with 75% of shares allocated to the book-building portion and 25% offered to retail investors. Pak-Qatar General Takaful Limited is a Shariah-compliant general (non-life) takaful insurer and is expected to be the first dedicated general takaful company listed on the Pakistan Stock Exchange; the SECP also noted this is the sixth IPO on the PSX Main Board in FY 2025–26 and the second prospectus it has approved within the first week of calendar year 2026.
Securites & Exchange Commission of Pakistan 2026-01-07
Securities and Exchange Commission of Pakistan approves prospectus for Pak-Qatar General Takaful IPO of 30 million shares
The Securities and Exchange Commission of Pakistan approved the prospectus for Pak-Qatar General Takaful Limited's IPO of 30,000,000 ordinary shares, representing 29.67% of its post-IPO capital, with 75% allocated to book-building and 25% to retail investors. This marks the first dedicated general takaful company listing on the Pakistan Stock Exchange and the sixth IPO on the PSX Main Board in FY 2025–26.