SECP streamlines digital account opening and encourages formal investment through Pakistan Stock Exchange.
WEB DESK: In a landmark initiative to broaden retail participation in capital markets, the Securities and Exchange Commission of Pakistan (SECP) has increased the investment ceiling for Sahulat Accounts to Rs3 million. The move aims to empower ordinary citizens including students, housewives, and small investors to expand their stock market portfolios.
Under the new framework, investors can open Sahulat Accounts with multiple brokers, though only one account per brokerage at the Pakistan Stock Exchange (PSX) is permitted. The SECP has also streamlined the account-opening process, allowing fully digital registration using only a valid Computerized National Identity Card (CNIC), removing the previous requirement for proof-of-income documents.
“The reforms are designed to attract a tech-savvy generation that prefers managing investments via smartphones and online platforms,” said the SECP. The regulator noted that individual sub-accounts have reached 542,000, while the combined total of investor and Roshan Digital Accounts (RDA) has climbed to 144,000.
The SECP emphasized investing through regulated PSX channels rather than unregulated or offshore platforms, highlighting that the revamped Sahulat regime encourages channeling informal savings into the formal financial system and promotes transparent, long-term wealth creation.
About The Author
