Pak-Qatar General Takaful Limited (PQGTL) has made a significant mark in Pakistan's financial history by becoming the first 'Dedicated Non-Life' Takaful operator to list on the Pakistan Stock Exchange (PSX). This milestone was celebrated with a Gong Ceremony at the PSX Trading Hall, following a record-breaking Initial Public Offering (IPO). According to Business Recorder, the IPO was oversubscribed by an extraordinary 21 times during the book-building process, while the public offering saw a 9.6 times oversubscription. This overwhelming investor interest resulted in a total demand of PKR 4.74 billion, achieving the maximum 40% premium. Saqib Zeeshan, CEO of PQGTL, expressed gratitude for the 'deep trust by all stakeholders in our Shariah-compliant business model, governance framework, and long-term vision for the development of the Islamic financial ecosystem.' The Financial Daily highlighted that this event coincided with the launch of the T+1 settlement cycle, marking progress and innovation in Pakistan's market infrastructure.