Dib Pakistan And Hakeem Easy Finance Digitize Shariah Process

On February 27, 2026, the Securities and Exchange Commission of Pakistan (SECP) announced a significant fee relief package aimed at facilitating the conversion of physical shares into digital book-entry form for unlisted companies. This initiative is part of a broader effort to modernize Pakistan's corporate framework and promote a paperless environment. Under the new measures, companies with paid-up capital up to PKR 25 million will have their annual fees waived for the first year, along with the waiver of security deposit fees and initial conversion deposits. For larger companies, only the annual fee will apply, while conversion-related charges will remain waived for the first year. The SECP emphasized that this move is designed to ease the financial burden on companies transitioning to digital shareholding records, stating, "By lowering upfront costs, the regulator aims to encourage compliance and ensure a smoother shift away from physical share certificates" (Profit Pakistan). This initiative follows the issuance of SRO 328(I)/2026, which mandates unlisted companies to convert their physical shares to a digital format for future share-related transactions.