Pakistan illegally exporting donkey hides to China — global equine charity 

A laborer uses donkeys to transport sand on a street in Rawalpindi, Pakistan, on January 20, 2020. (AFP/File)
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Updated 08 August 2021
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Pakistan illegally exporting donkey hides to China — global equine charity 

  • Trade is fueled by growing demand for gelatin used in Chinese medicine that is produced by boiling donkey skin
  • Though Africa is the epicenter of the trade, activity taking place in Afghanistan, Pakistan and Brazil, Brooke says 

KARACHI: Global equine advocacy group Brooke said this week Pakistan was illegally exporting donkey skins to China despite an official ban on the business.

In recent years, Africa has become the epicenter of a fast-growing industry to supply donkey skins to China which are boiled to produce a gelatin called ejiao used in traditional medicine believed to stop aging and boost libido. But thousands of donkeys in other developing countries are also being killed and their skins sold to China for use in traditional medicine, a report published by the Donkey Sanctuary in 2017 revealed. 

“We are aware of activity taking place outside of Africa in Afghanistan, Pakistan and Brazil,” Megan Sheraton, spokesperson of the UK-based group, Brooke, said in an email interview. 

The Chinese embassy did not respond to multiple requests for comment for this article. 

Brooke is an international charity that protects and improves the lives of horses, donkeys and mules that provide people in the developing world the opportunity to work their way out of poverty. It reaches almost 1.7 million working horses, donkeys and mules across Africa, Asia, Latin America and the Middle East, and employs staff that includes vets, animal welfare experts, and advocacy and development specialists.

“Africa is undoubtedly the epicenter of the donkey skin trade,” Sheraton said listing countries like Ghana, Nigeria, Botswana, Burkina Faso, Mali, Niger, Senegal, Uganda, Ethiopia, South Sudan, Tanzania, Kenya and Egypt.

In 2017, media reported that Pakistan’s provincial government in Khyber Pakhtunkhwa (KP) had decided to set up two donkey farms to fetch foreign exchange by exporting donkeys to China.

However, the country’s ministry of national food security and research categorically denied any such farms existed in Pakistan.

“There is no donkey farm in KP or elsewhere in Pakistan. There is a ban on the export of equine, i.e., horses and donkeys as well as their hides,” the ministry said in a statement to Arab News.

However, Pakistan busted a gang, which included a Chinese national, smuggling donkey skin to China in 2017, and recovered about 5,000 skins from them. The value of the products was estinated at Rs118.4 million. 

Donkey owners say the price of the animal has increased in recent days.

Muhammad Irfan, who rears the animal for sale in Kot Addu, Punjab, told Arab News a donkey in good health could fetch between Rs45,000 and Rs60,000 at present. 

The global population of donkeys is estimated to be over 44 million, with Ethiopia widely acknowledged to have the highest number of donkeys at 8.5 million. According to data based on the inter-census growth rate of 1996-2006, Pakistan has about 5.6 million donkeys with an annual growth of 100,000 animals. 

The current demand for donkey skin is estimated to be 4.8 million per year, which means almost half of the world’s donkeys could be wiped out in the next five years, Brooke estimates show.

“The companies who produce ejiao make millions from the product, pushing it as a long-standing remedy for a number of different uses including, more recently, beauty products,” Sheraton said, calling it “a fairly recent innovation.”

Once a luxury for the elite, ejiao — that comes as a tablet to dissolve in water or in anti-aging cream — is now widely used by China’s increasingly wealthy middle class and diaspora. Prices have surged to over $780 a kilogram from around $30 in 2000, according to Chinese state-run media reports.

“There is no scientific evidence for its effectiveness,” Sheraton said. “Consumers are being misled.”


 


Pak-Qatar becomes Pakistan’s first dedicated family takaful operator to list on PSX

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Pak-Qatar becomes Pakistan’s first dedicated family takaful operator to list on PSX

  • Pak-Qatar Family Takaful Limited’s initial public offering raises $3.2 million, says company
  • Company says remains committed to strengthening Pakistan’s Islamic financial eco-system

KARACHI: The Pak-Qatar Family Takaful Limited (PQFTL) became the first dedicated family Takaful operator to be listed on the Pakistan Stock Exchange (PSX), the company announced on Thursday, saying the development would strengthen the ecosystem for Islamic financial products and services in the stock market. 

PQFTL is the country’s first and largest dedicated shariah-compliant family risk-protection provider, holding 44 percent of the total family takaful market and more than 90 percent of the fully dedicated segment, with a nationwide presence of 73 branches and 1,971 field representatives.

The company announced in a statement last month it would offer 50 million shares, starting at a floor price of Rs14 per share ($0.05), with a ceiling of Rs21 per share ($0.07). Of the total issue, 37.5 million shares will be allocated to institutional investors, while 12.5 million shares will be offered to the general public.

In its latest statement, the PQTFL said the book building and public subscription portions of its Initial Public Offering (IPO) were oversubscribed by 3.2 times and 3.8 times, respectively, reflecting strong investor confidence in the company and Pakistan’s Islamic financial ecosystem.

“The IPO raised Rs901 million [$3.2 million], achieving a 29 percent premium, reflecting strong investor interest and positive market perception,” the statement said. 

“This historic milestone and response from investors underscore PQFTL’s exceptional financial resilience, strategic foresight, and unwavering commitment to Shariah-compliant excellence,” it added. 

The company said over 8,200 investors participated in the IPO, making it one of the highest investor turnouts in Pakistan’s insurance and Takaful sector. 

“The offering attracted a diverse mix of institutional investors, insurance companies, family offices, corporate investors, and a significant number of individual investors,” it said. 

Muhammad Kamran Saleem, a member of the board of directors of the PQFTL, said the company’s listing on the stock exchange was a “historic achievement.”

“The overwhelming response from investors demonstrates deep trust in our business fundamentals, Shariah governance standards and strategic vision,” he said. 

“We are grateful to Allah Almighty for this historic achievement and we remain committed to strengthening the Islamic financial eco-system and long-term sustainable value creation to all our stakeholders.”

PQFTL said the IPO proceeds will help it in meeting regulatory capital requirements, expand digital distribution channels, enhance product innovation and drive customer-centric growth initiatives.