Shaheen says partnerships key after Pakistan pacers rattle India in Asia Cup 

Pakistan's Shaheen Shah Afridi celebrates taking the wicket of India's Ravindra Jadeja during the Asia Cup cricket match between India and Pakistan in Pallekele, Sri Lanka on Saturday, on September 2, 2023. (Photo courtesy: AP)
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Updated 03 September 2023
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Shaheen says partnerships key after Pakistan pacers rattle India in Asia Cup 

  • The left-arm fast bowler took four wickets, including the prized top-order dismissals of India captain Rohit Sharma and Virat Kohli 
  • The two teams could potentially clash twice more in the Asia Cup if both reach the final, ahead of highly anticipated World Cup clash 

KANDY: Pace spearhead Shaheen Shah Afridi said bowling in partnerships was the key to rattling India’s batting in the blockbuster Asia Cup clash abandoned because of rain. 

The left-arm fast bowler took four wickets, including the prized top-order dismissals of India captain Rohit Sharma and Virat Kohli, as Pakistan gained a psychological edge over their great rivals, who had elected to bat first in Kandy on Saturday. 

The two teams could potentially clash twice more in the Asia Cup if both reach the final, ahead of a highly anticipated 50-over World Cup clash in Ahmedabad next month. 

Shaheen, who finished with 4-35, and fellow quick Haris Rauf reduced India to 66-4 before a fightback by Ishan Kishan, who made 82, and Hardik Pandya (87) lifted India to 266 all out. 

New-ball-partner Naseem Shah did not get his first wicket until the 45th over but then struck twice more to wrap up the India innings in 48.5 overs. 

Rain meant Pakistan were unable to bat and the points shared. 

It was enough to put Pakistan into the Super Four stage of the Asia Cup and India will join them if they avoid defeat to Nepal at the same ground on Monday. 

“Mickey (Arthur) always says ‘fast bowlers win you tournaments’ and we always try to bowl in partnerships,” said Shaheen of the national team director in a video chat on the Pakistan Cricket Board’s social media. 

He said the role of Haris Rauf, the third member of a daunting pace attack, was “to instil fear in the opposition batsmen with pace and bouncers, while Naseem and I rely on swing.” 

Shaheen set up Rohit, on 11, with two outswingers and brought the next back in to smash the off stump of the Indian captain. 

Kohli was the next to go on four as he chopped on a length delivery outside the off stump from Shaheen. 

“Virat is the backbone of the Indian team and getting his wicket was crucial,” said Shaheen, who was confident Pakistan could have won had the weather not intervened. 

“We had the result in our hands. But overall the team performance in one innings was very good.” 

Former Pakistan speedster Shoaib Akhtar praised Shaheen on his opening spell. 

“I don’t think Rohit is able to read or understand Shaheen at all,” Akhtar said on his official YouTube channel. 

“The visual of Rohit Sharma being beaten like this was not good, he is a far better player than this.” 


Pakistan’s first non-life Shariah-compliant takaful operator says ‘historic’ IPO oversubscribed 21 times

Updated 22 January 2026
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Pakistan’s first non-life Shariah-compliant takaful operator says ‘historic’ IPO oversubscribed 21 times

  • Pak-Qatar General Takaful Limited offered 30 million shares to investors with ceiling price of Rs14 per share
  • Company says IPO proceeds will be used for investments in software, infrastructure, setting up new branches

ISLAMABAD: Pakistan’s first non-life Shariah-compliant takaful operator announced on Thursday that its initial public offering (IPO) was oversubscribed 21 times at the country’s stock exchange, saying the development reflected strong investor confidence in the Islamic insurance system. 

The Pak-Qatar General Takaful Limited said earlier this month 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 percent of the shares on offer, while the remaining 25 percent will be allocated to retail investors, it added. 

“Pak-Qatar General Takaful Limited’s (PQGTL) IPO book-building has concluded with a historic oversubscription of [21x] times, marking the first-ever IPO of a dedicated General Takaful company at PSX,” the company said in a statement. 

It said investors responded “strongly” as the strike price closed at Rs 14 per share, compared to the floor price of Rs 10. Total demand reached Rs 4.74 billion [$17 million].

The company said successful bidders will be provisionally allotted 22.5 million shares while the remaining 7.5 million shares will be offered to retail investors on Jan. 28-29. 

Shahid Ali Habib, CEO of Arif Habib Ltd., which was the lead manager for the IPO, said that country’s first-ever IPO of any dedicated general takaful company, has made a historic debut at PSX.

Habib said this reflects investor confidence in Pakistan’s fast-growing takaful sector and PQGTL’s strong market position.

The statement further said proceeds from the IPO will be utilized to fund strategic initiatives, such as investments in software and other intangible assets, hardware and infrastructure, marketing and brand development and human resource enhancement. 

Proceeds will also be used to establish new branches and transform existing ones to improve operational efficiency and customer experience, it added. 

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