ISLAMABAD (Kashmir English): Chairman of the Securities and Exchange Commission of Pakistan (SECP), Dr. Kabir Ahmed Sidhu, has announced a great opportunity for the youth of Pakistan to earn money.
While addressing a grand ceremony held at the Pakistan Stock Exchange to promote Pakistan’s economic development, he clarified that strong corporations and vibrant and active capital markets are indispensable for Pakistan’s sustainable economic development.
He said that commercial corporations create opportunities for employment, new investment, and overall prosperity in the country, which is why increasing the current number of investors in Pakistan to 2.5 million is one of the top priorities of SECP.
Dr. Kabir Sidhu, while emphasizing the need to pay special attention to the young generation, said that providing the youth of the country with the best opportunities for investment and wealth creation is the need of the hour.
For this purpose, very easy and modern digital investment channels are being introduced for young investors.
He announced that short online courses will also be started very soon to promote financial literacy in the country, so that the common people can understand the stock market system.
He further said that the complicated process of onboarding new investors in the market and opening an account is now being made easier and more transparent.
In this regard, the mobile application of the Central Depository Company (CDC) will make the entire investment process easier and safer for investors.
According to Dr. Kabir, the Know Your Customer (KYC) requirements for Sahulat accounts have been made extremely easy, while the number of retail investors is expected to increase significantly thanks to the broker referral program. He clarified that the Capital Market Development Fund will now be used effectively for direct market promotion, investor education, and training.
The ‘gong ceremony’ at the Pakistan Stock Exchange (PSX) is an international and traditional symbol that is held on the occasion of the arrival of a very important person, the listing of a major company, or the launch of any economic reforms.
Pakistan’s financial history has seen that a very small portion of the country’s population (less than one percent) invests directly in the stock market, while in developed countries, this rate is much higher.
In the year 2026, when Pakistan is moving towards economic stability and digitalization, this statement by the SECP Chairman is of utmost importance.
In the past, due to strict rules of ‘Sahulat Account’ and KYC (Know Your Customer), common citizens and people from remote areas used to shy away from opening accounts, as they were asked for a lot of documents by banks and brokerage houses. Now, by relaxing these rules and through the CDC mobile app, the entire system is being transferred to the fingertips.
The ceremony was held in honor of Securities and Exchange Commission of Pakistan (SECP) Chairman Dr. Kabir Ahmed Sidhu, where he formally inaugurated the trading day by ringing the traditional gong.
