Islamabad, February 12, 2025 – The Securities and Exchange Commission of Pakistan (SECP) has officially granted a license to Tamkeen Securities (Pvt) Ltd, marking the establishment of Pakistan’s first fully digital, online-only securities brokerage.
This milestone represents a major advancement in the modernization of Pakistan’s capital markets, enhancing accessibility for investors and expanding digital financial inclusion.
According to a press release issued on Tuesday, the licensing of Tamkeen Securities reflects SECP’s commitment to fostering innovation within the financial sector. This move aligns with SECP’s strategic vision of digital transformation, aimed at creating an efficient, secure, and investor-friendly environment.
Tamkeen Securities will enable investors to open accounts and execute trades through an entirely digital process, eliminating the need for physical visits, cumbersome paperwork, or reliance on traditional brokerage channels. By leveraging technology, SECP seeks to streamline trading operations, increase stock market participation, and improve overall market liquidity.
With this development, Pakistan joins the ranks of global markets that have successfully integrated fully digital trading platforms, catering to tech-savvy investors and promoting financial democratization. The SECP anticipates that digital brokerage houses will attract a more diverse group of investors, particularly young and digitally inclined individuals who prefer seamless, technology-driven investment options.
SECP has made digital intermediaries a key focus area, recognizing their potential to lower costs, expand outreach, and enhance regulatory compliance through built-in monitoring mechanisms. Prior to this, SECP has licensed digital-only entities in the asset management and life insurance sectors, with a non-life insurance digital firm currently under review. This reflects SECP’s broader strategy of developing a robust, technology-enabled financial ecosystem.
By promoting digital brokerage services, SECP aims to create a more inclusive investment landscape, ensuring that individuals from all economic backgrounds can participate in capital markets with ease. The regulatory body remains dedicated to strengthening Pakistan’s financial infrastructure by introducing technology-driven solutions that enhance security, transparency, and efficiency.
As Pakistan’s financial sector embraces digital transformation, SECP continues to play a pivotal role in shaping policies that encourage innovation while maintaining a strong regulatory framework. The licensing of Tamkeen Securities signals a new era in the country’s capital market evolution, paving the way for a more dynamic and investor-friendly financial environment.