Fifteen militants, two soldiers killed in military operations in Pakistan’s northwest

A soldier stands guard at the Angoor Adda outpost along the border fence on the border with Afghanistan in South Waziristan, Pakistan on October 18, 2017. (REUTERS/File)
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Updated 27 April 2025
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Fifteen militants, two soldiers killed in military operations in Pakistan’s northwest

  • Pakistani security forces carried out three separate raids in Khyber Pakhtunkhwa province
  • PM Sharif praises security forces for successful operations, pays tribute to the dead soldiers

ISLAMABAD: Two soldiers and 15 militants were killed as Pakistani security forces launched three separate operations in the country’s northwestern Khyber Pakhtunkhwa province, the military’s media wing, Inter-Services Public Relations (ISPR), said on Saturday.

Pakistani militant network, Tehreek-e-Taliban Pakistan (TTP), has intensified attacks in the region in recent years. Pakistan refers to TTP fighters as “khwarij,” a term rooted in Islamic history for an extremist sect that rebelled against authority and declared other Muslims to be apostates.

“On 25-26 April 2025, fifteen khwarij were killed in three separate engagements in Khyber Pakhtunkhwa Province,” the ISPR said in a statement.

The operations were conducted in Karak, North Waziristan and South Waziristan districts.

In Karak, eight militants were killed during an intelligence-based operation.

“In an another operation conducted in North Waziristan District, four khwarij were killed by the security forces,” the statement continued. “However, during the intense fire exchange, two brave sons of soil, Lance Naik Usman Mohmand (age: 28 years, resident of District Charsadda) and Sepoy Imran Khan (age: 26 years, resident of District Kurram) having fought gallantly, paid the ultimate sacrifice and embraced shahadat [martyrdom].”

The ISPR said that in South Waziristan’s Gomal Zam area, three more militants were killed. Weapons and ammunition were recovered from the dead militants, who, according to the statement, were involved in “numerous terrorist activities.”

Prime Minister Shehbaz Sharif praised the security forces for the successful operations and paid tribute to the soldiers who died.

“The entire nation stands with the security forces in the fight against terrorism,” he said in a statement circulated by his office.

Pakistan has seen a surge in militant violence, particularly in its northwestern Khyber Pakhtunkhwa province and southwestern Balochistan, since the Afghan Taliban returned to power in Kabul in 2021.

Islamabad accuses TTP factions operating from Afghanistan of fueling unrest, a charge the Afghan Taliban denies.


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.