Five Afghan cricketers to play in Pakistan Super League this year

A combination of photos of five afghan cricketers who have been drafted to play in the sixth edition of the Pakistan Super League to be held in the Pakistani cities of Karachi and Lahore from February 20 to March 22, 2021.
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Updated 12 January 2021
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Five Afghan cricketers to play in Pakistan Super League this year

  • About 20 Afghans applied to play in PSL but only five were picked namely Rashid Khan, Mohammad Nabi, Noor Ahmad Lakanwal, Mujeeb Ur Rehman and Qais Ahmad
  • Former Afghan Cricket Board director Azizullah Fazli urges the board “stay away from politics,” allow players to take part in international leagues

ISLAMABAD: Five Afghan cricketers have been drafted to play in the sixth edition of the Pakistan Super League to be held in the Pakistani cities of Karachi and Lahore from February 20 to March 22, Afghan media reported on Tuesday.
About 20 Afghan players applied to play in PSL but only five have been picked, namely current Afghan team vice captain Rashid Khan by the Lahore Qalandars franchise, all-rounder Mohammad Nabi by Karachi Kings, spinner Noor Ahmad Lakanwal and Mujeeb Ur Rehman by Peshawar Zalmi and Qais Ahmad by Quetta Gladiators. 
Afghan national team skipper Asghar Stanikzai has also applied but he remains unsold, Pajhwok Afghan News reported, as do Shapoor Zadran, Aftab Alam, Gulbaddin Naib, Rahmatullah Gurbaz and other Afghan players.
In the past, Afghan players have been selected for PSL but because of tense relations between the two neighbors, they were not granted clearance by the Afghan government to play in Pakistan. 
Last week, former Afghan Cricket Board director Azizullah Fazli urged the Board in a tweet to “stay away from politics.”
“Afghan cricketers playing in foreign leagues is crucial for Afghanistan because it has economic benefits and a pride for Afghanistan,” he posted. 


Pakistan’s first non-life Shariah-compliant takaful operator plans share sale in January

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Pakistan’s first non-life Shariah-compliant takaful operator plans share sale in January

  • Pak-Qatar General Takaful Limited plans to raise up to $1.5 million through initial public offering
  • Institutional investors will get 75% of shares, while the remaining 25% will go to retail investors

KARACHI: Pakistan’s first dedicated non-life Shariah-compliant takaful operator said on Monday it will launch an initial public offering this month, seeking to raise up to Rs 420 million ($1.5 million) as Islamic finance gains traction in the country’s capital markets.

The company, Pak-Qatar General Takaful Limited, said it would issue 30 million shares, with a floor price of Rs 10 and a ceiling price of Rs 14 per share. Institutional investors will receive 75% of the shares on offer, while the remaining 25% will be allocated to retail investors.

“Arif Habib Limited has been mandated by Pak-Qatar General Takaful Limited to act as the consultant and book runner for raising funds through the initial public offering,” it announced in a statement.

The book-building process for the offering will take place on Jan. 21-22, it added, with investor registration opening on Jan. 16, while public subscriptions are scheduled for Jan. 28-29.

The offering follows the recent listing of Pak-Qatar Family Takaful Limited, which raised Rs 901 million ($3.23 million) last month in Pakistan’s first Islamic insurance sector IPO, an issue that was oversubscribed several times.

Proceeds from the IPO will be used to strengthen the company’s capital base and support investments in technology, infrastructure and branch expansion, said the statement.

Pak-Qatar General Takaful Limited is part of Pakistan’s pioneer Islamic financial services group and is backed by Qatar-based financial institutions.