Religious party protest triggers road closures, disrupts mobile services in Pakistani capital

Activists of the Tehreek-e-Labbaik Pakistan (TLP) party shout slogans near their party headquarters, as authorities blocked the road with shipping containers, in Lahore on October 9, 2025, ahead of their pro-Palestinian march towards Islamabad. (AFP)
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Updated 10 October 2025
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Religious party protest triggers road closures, disrupts mobile services in Pakistani capital

  • The TLP party called for a march on Islamabad to stage a protest outside US embassy in solidarity with Palestinians
  • Authorities have since placed shipping containers on key roads, amid reports of arrests of dozens of TLP supporters

ISLAMABAD: A protest announced by the Tehreek-e-Labbaik Pakistan (TLP) religious party has paralyzed the Pakistani capital of Islamabad and other cities, with authorities closing roads amid a disruption in mobile phone services.

The TLP this week called for a march on the federal capital where it planned to stage a protest outside the United States (US) embassy in solidarity with Palestinians.

Authorities raided the party headquarters in Lahore late Wednesday in a bid to keep the TLP from following through on its plans. The raid resulted in clashes that continued on Thursday.

Shipping containers have since been placed on key roads in Islamabad, Lahore and other cities to block the protesters, amid reports of arrests of dozens of TLP supporters.

“All types of heavy traffic will be banned from entering Islamabad until further notice,” the city’s traffic police said on X, sharing alternate traffic routes for public.

 

 

School administration in the twin cities of Rawalpindi and Islamabad returned students to homes early Friday in view of the law-and-order situation, according to school association.

The Ministry of Interior directed the Pakistan Telecommunication Authority (PTA) to suspend 3G and 4G services in Islamabad and Rawalpindi.

A directive dated October 9 stated the ministry had “accorded approval to suspend 3G/4G services in the twin cities of Islamabad and Rawalpindi, starting from 12am tonight till further orders.” It directed the PTA to take “further necessary action” in this regard in coordination with local administration and police in Islamabad and Rawalpindi.

The TLP has previously staged protests, most prominently in support of blasphemy laws and to call on the government to cut diplomatic ties with Western nations where Holy Qur’an desecrations have taken place.

Some of these protests turned violent and continued for days.

In Oct. last year, police in Karachi arrested more than a dozen TLP activists and members of a local human rights group for staging separate demonstrations over a blasphemy case, amid a ban on public gatherings.

In July 2024, hundreds of TLP supporters had camped at the Faizabad interchange connecting Islamabad and Rawalpindi to demand the Pakistani government officially boycott Israeli products and declare Israeli PM a ‘terrorist.’ The protest continued for a week and was ended after talks with government.


Pakistan capital market transitions to T+1 settlement cycle ahead of multiple advanced markets

Updated 10 February 2026
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Pakistan capital market transitions to T+1 settlement cycle ahead of multiple advanced markets

  • A T+1 settlement cycle means that securities transactions are finalized and settled one business day after trade date
  • Effective from Feb. 9, all eligible trades at the PSX are now settled on a T+1 basis, replacing the previous T+2 cycle

KARACHI: Pakistan’s capital market has officially transitioned to the Trade plus one (T+1) settlement cycle, a landmark reform that strengthens efficiency, reduces risk and aligns the country with international best practices, the Pakistan Stock Exchange (PSX) said on Tuesday.

A T+1 settlement cycle means that securities transactions are finalized and settled one business day after the trade date, which reduces counterparty risk and improves capital efficiency in the exchange of funds and securities. 

Effective from Feb. 9, all eligible trades at the PSX are now settled on a T+1 basis, replacing the previous T+2 cycle. The transition was implemented under the guidance of the Securities and Exchange Commission of Pakistan (SECP) through close collaboration among all stakeholders, according to the PSX.

It aligns Pakistan’s capital market with leading markets such as the United States, Canada, Mexico, Argentina, Jamaica and China, which have already adopted shorter settlement cycles. Europe, the UK and Switzerland are set to follow by 2027. By moving early, Pakistan has demonstrated its commitment to modernization and investor protection.

“The transition to the T+1 settlement cycle brings important advantages for Pakistan’s capital market. It enables faster access to funds and securities, improving liquidity, while reducing settlement and counterparty risk through shorter exposure periods,” the PSX said.

“Quicker trade finalization enhances efficiency and the reform strengthens investor confidence, particularly among institutional and foreign investors. Together, these benefits support a stronger and more resilient market aligned with global best practices.”

Pakistan’s stock market has touched historic highs in recent months as broad institutional buying boosted investor confidence amid ongoing economic reforms under international lending programs. Pakistani state media reported in Jan. around 135,000 new investors had joined the PSX over the last 18 months.

SECP Chairman Dr. Kabir Ahmed Sidhu commended the PSX, the Central Depository Company and the National Clearing Company of Pakistan for the successful implementation of the T+1 settlement system.

“The reform brings Pakistan’s capital market at par with modern jurisdictions by accelerating trade settlement, reducing counterparty and market risks, and enhancing liquidity,” he was quoted as saying by the PSX.

“The adoption of T+1 will strengthen investor confidence and align Pakistan’s capital market with evolving international standards and global best practices.”