Pakistan urges world to stop Israel’s ‘murderous course,’ reaffirms support for Palestinian state

Pakistan’s Deputy Prime Minister Ishaq Dar addresses a ceremony at the Institute of Strategic Studies in Islamabad, Pakistan, on June 30, 2025. (Screengrab/PTV News)
Short Url
Updated 30 June 2025
Follow

Pakistan urges world to stop Israel’s ‘murderous course,’ reaffirms support for Palestinian state

  • Israel’s retaliatory campaign against Hamas in Gaza has killed at least 56,412 people since October 7, 2023
  • Ishaq Dar criticizes Israel’s “wanton killing” of women and children, targeting aid workers and blocking Gaza aid

ISLAMABAD: Pakistan’s Deputy Prime Minister Ishaq Dar on Monday urged the international community to mobilize and stop Israel from its “murderous course” and military operations in Gaza, reiterating Islamabad’s firm support for an independent Palestinian state. 

After claiming victory in a 12-day war against Iran that ended with a ceasefire last Tuesday, the Israeli military said it would refocus on its offensive in Gaza, where Hamas still holds Israeli hostages.

Israel’s retaliatory military campaign against Hamas has killed at least 56,412 people in Gaza since October 2023. Most of the dead are civilians, according to the Hamas-run territory’s health ministry. The United Nations considers these figures to be reliable.

“The international community must mobilize to stop Israel from its murderous course and persuade it to pursue a path of reason,” Dar said during his speech at the Institute of Strategic Studies Islamabad. 

“Palestinians must be granted their inalienable right to self-determination,” he added. 

He condemned Israel’s “wanton killing of women and children,” blaming the Jewish state for using starvation as “an instrument of war” in the densely populated Gaza territory, targeting humanitarian workers and destroying homes, schools, hospitals and critical infrastructure there. 

Dar, who also serves as Pakistan’s foreign minister, said Islamabad reiterates its support for the establishment of a viable and independent Palestinian state with pre-1967 borders and Al-Quds Al-Sharif as its capital. 

The Pakistani deputy premier condemned Israel and the United States for attacking key Iranian nuclear facilities earlier this month, saying they violated the United Nations Charter, international law and put regional peace in danger. 

He welcomed the Iran-Israel ceasefire announcement, urging all parties to resolve their disputes peacefully through dialogue and diplomacy.


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

Updated 5 sec ago
Follow

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.