On Christmas, Pakistan says interfaith harmony and equality are priorities

Pakistani Christians decorate the main hall of the Sacred Heart Cathedral on Christmas eve, in Lahore, Pakistan on Dec. 24, 2025. (AP)
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Updated 25 December 2025
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On Christmas, Pakistan says interfaith harmony and equality are priorities

  • Pakistan is home to over 3 million Christians, making it the third-largest religion in the country after Islam and Hinduism
  • PM Sharif emphasizes economic well-being and equal opportunities for all in a Christmas message

ISLAMABAD: Prime Minister Shehbaz Sharif on Thursday said ensuring interfaith harmony and equal rights for all citizens, especially minorities, is a key priority for his government as Christians in Pakistan observe Christmas.

Millions of Christians worldwide celebrate Dec. 25 as the birth of Prophet Isa (Jesus), marking the day with religious and cultural festivities. Christianity is the third-largest religion in Pakistan, with the 2023 census recording over three million Christians, or 1.3% of the population. Islam is the country’s largest religion, followed by Hinduism.

However, Christians in Pakistan have reported facing discrimination, including being accused under blasphemy laws, targeted for abductions, and pressured into forced conversions, according to human rights groups. Members of the community have also said they are often confined to low-status jobs, such as sewage work or brick kiln labor.

“It remains a key priority of the Government of Pakistan to ensure interfaith harmony, protection of rights and freedoms, economic well-being, and equal opportunities for professional growth for all citizens without discrimination of religion, race, or ethnicity,” Sharif said in a statement issued by the Prime Minister’s Office.

Despite government assurances, Pakistan’s Christian community has faced repeated violence in parts of the country. Incidents have ranged from assaults by mobs to suicide bombings.

In May 2024, police rescued at least 10 Christians after a mob attacked their settlement over a blasphemy allegation. In August 2023, a mob in Jaranwala set churches and homes on fire over accusations against two Christian residents. Earlier attacks include suicide bombings in Lahore in 2015 and 2016, which killed dozens, and a 2013 church blast in Peshawar that killed at least 78, one of the deadliest attacks on Christians in Pakistan.

Sharif, in his message, highlighted the contributions of the Christian community to Pakistan’s socio-economic development. “Their significant services in the fields of education, health care, and other walks of life have greatly contributed to the promotion of social harmony,” he said.

“It is a universal message of love, peace, tolerance, and goodwill,” he added.


Pakistan regulator amends law to facilitate capital raising by listed companies

Updated 19 January 2026
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Pakistan regulator amends law to facilitate capital raising by listed companies

  • The amendments address challenges faced by listed companies when raising further capital from existing shareholders through a rights issue
  • Previously, listed companies were prohibited from announcing a rights issue if the company, officials or shareholders had any overdue amounts

KARACHI: The Securities and Exchange Commission of Pakistan (SECP) has notified amendments to the Companies (Further Issue of Shares) Regulations 2020 to facilitate capital raising by listed companies while maintaining adequate disclosure requirements for investors, it announced on Monday,

The amendments address challenges faced by listed companies when raising further capital from existing shareholders through a rights issue. Previously, listed companies were prohibited from announcing a rights issue if the company, its sponsors, promoters, substantial shareholders, or directors had any overdue amounts or defaults appearing in their Credit Information Bureau (CIB) report.

This restriction constrained financially stressed yet viable companies from raising capital, even in circumstances where existing shareholders were willing to support revival, restructuring, or continuation of operations, according to the SECP.

“Under the amended framework, the requirement for a clean CIB report will not apply if the relevant persons provide a No Objection Certificate (NOC) regarding the proposed rights issue from the concerned financial institution(s),” the regulator said.

The notification of the amendments follows a consultative process in which the SECP sought feedback from market stakeholders, including listed companies, issue consultants, professional bodies, industry associations, law firms, and capital market institutions.

The amendments are expected to enhance market confidence, improve access to capital for listed companies, and strengthen transparency within the rights issue framework, according to the SECP.

“To ensure transparency and protect investors’ interests, companies in such cases must make comprehensive disclosures in the rights offer document,” the regulator said.

“These disclosures must include details of any defaults or overdue amounts, ongoing recovery proceedings, and the status of any debt restructuring.”

The revised regulations strike an “appropriate balance” between facilitating corporate rehabilitation and enabling investors to make informed investment decisions, the SECP added.