With clients active in banking, the stock exchange, and investment work, the team at Liaquat Merchant Associates routinely advises on regulatory compliance, capital-raising instruments, and Sharia-compliant structures. The group regularly advises the Pakistan Stock Exchange, alongside clients in the banking sector. Faresa Jafarey Ahsan leads the team, providing experience in mutual funds and Islamic finance. Hira Ahmad plays a key role in the team; she is noted as lead counsel on flagship mandates.
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Key clients

  • Pakistan Stock Exchange Limited
  • Wafi Petroleum

Work highlights

Advised Pakistan Stock Exchange on introducing Sharia-compliant day trading for shares on the Islamic Index, including a legal opinion on the concept of ‘constructive possession’ to align with Islamic finance principles.
Practice head

Faresa Jafarey Ahsan

Other key lawyers

Hira Ahmad