Nawaz smacks record-breaking maiden ton as Pakistan win 3rd NZ T20

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Pakistani opening batter plays a shot during the third T20 international cricket match between New Zealand and Pakistan at Eden Park in Auckland, New Zealand, on March 21, 2025. (Pakistan Cricket Board/Facebook)
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New Zealand’s Mark Chapman (R) makes a run during the third T20 international cricket match between New Zealand and Pakistan at Eden Park in Auckland, New Zealand, on March 21, 2025. (AFP)
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Pakistan’s Abbas Afridi (L) chases the ball as New Zealand’s players Daryl Mitchell (C) and Mark Chapman (R) complete a run during the third T20 international cricket match at Eden Park in Auckland on March 21, 2025. (AFP)
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Updated 21 March 2025
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Nawaz smacks record-breaking maiden ton as Pakistan win 3rd NZ T20

  • After scoring a duck in each of the two opening games, Nawaz rebounded with a stunning 105 not out
  • The 23-year-old’s ton came off 44 balls, the fastest by any Pakistan player in a T20 international match

AUCKLAND: Opener Hasan Nawaz struck a record-breaking maiden century Friday as Pakistan crushed New Zealand by nine wickets in the third Twenty20 to keep the series alive.
After scoring a duck in each of the two opening games — the first innings’ of his international career — Nawaz rebounded with a stunning 105 not out in Auckland as the tourists raced to 207-1 in response to New Zealand’s 204.
The 23-year-old’s ton came off 44 balls, the fastest by any Pakistan player in a T20 international.
It ensured his team reached the target with four full overs to spare, in a stark reversal of form after heavy losses in Christchurch and Dunedin.
Nawaz put his early failures behind him with a sparkling knock featuring shots all around the wicket, including a series of audacious ramp shots.
The right-hander peppered the short Eden Park boundaries with 10 fours and seven sixes, bringing up victory with successive fours off Kyle Jamieson in the 16th over.
The first of those shots took Nawaz to 100, five balls faster than the previous Pakistan record-holder — Babar Azam against South Africa in 2021.




Captain of Pakistan’s T20 International team, Salman Ali Agha (R) plays a shot during the third T20 international cricket match between New Zealand and Pakistan at Eden Park in Auckland, New Zealand, on March 21, 2025. (Pakistan Cricket Board/Facebook)

Fellow opener Mohammad Haris scored 41 off 20 while captain Salman Agha was unbeaten on 51 off 31.
Earlier, New Zealand looked well placed after Mark Chapman hit a rapid 94 before they were dismissed in their final over.




New Zealand’s Mark Chapman (R) makes a run during the third T20 international cricket match between New Zealand and Pakistan at Eden Park in Auckland, New Zealand, on March 21, 2025. (AFP)

Chapman dominated after New Zealand were asked to bat, tallying 11 fours and four sixes from just 44 balls faced.

The rest of the home side’s batsmen struggled to get going, aside from captain Michael Bracewell’s 31.




Pakistan’s Abbas Afridi (L) chases the ball as New Zealand’s players Daryl Mitchell (C) and Mark Chapman (R) complete a run during the third T20 international cricket match at Eden Park in Auckland on March 21, 2025. (AFP)

Experienced seamer Haris Rauf bowled Bracewell and finished with Pakistan’s best figures of 3-29.
Game four of the five-match series is in Mount Maunganui on Sunday.


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

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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.