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Jul 2025

Pakistan's regulator outlines transition plan for insurance market's shift to takaful

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Source: Middle East Insurance Review | Jul 2025

Source: The Future of Takaful in Pakistan – A Diagnostic Study, SECP The Securities and Exchange Commission of Pakistan (SECP) and insurance companies are taking proactive steps towards the transition to takaful. The SECP’s report, ‘The Future of Takaful in Pakistan – A Diagnostic Study’, aims to establish a foundation for informed discussions among stakeholders to strengthen the Shariah-compliant insurance ecosystem and the shift to an interest-free economy.
 

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