corporate updates

1 ) Breakthrough in Pakistan’s Islamic financing system; SECP enforces Shariah Governance Regulations, 2018

Breakthrough in Pakistan’s Islamic financing system; SECP enforces Shariah Governance Regulations, 2018 ISLAMABAD, November 2: In line with the spirit of the article 38 (f) of the Constitution of Pakistan, the SECP has enforced the Shariah Governance Regulations 2018. The jurisdiction of these regulations is the corporate sector, Shariah-compliant corporate sector, Islamic capital markets, Shariah-compliant securities, Islamic financial institutions, explicit…...

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2 ) INCORPORATION OF A COMPANY

For Incorporation of a Company, any three or more persons associated for lawful purpose may, by subscribing their names to the Memorandum of Association and complying with the requirements of the Companies Act, 2017 form a public company and any two or more persons so associated may, in like manner, form a private company. If only one member forms a…...

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