The Sahulat Account is a simplified trading option designed to onboard new, low-risk investors to the Pakistan Stock Exchange (PSX). If you're looking to start your investment journey with minimal hassle, here’s a breakdown of who qualifies:
Eligibility & Key Requirements:
Resident Individuals Only: You must be a Pakistani citizen residing in the country.
No Prior Trading Account: You cannot open a Sahulat Account if you already hold a standard trading account with any securities broker in Pakistan. This account is designed for first-time investors.
Single Holder: Accounts can only be opened in a single name. Joint accounts are not permitted.
No Income Proof Needed: A major benefit is that you don't need to provide income documents like salary slips or bank statements to qualify. Your broker will classify you as a "low-risk" customer.
Important Investment Details:
Investment Cap: The maximum investment value is capped at PKR 1,000,000.
Trading Restrictions: Trading is limited to the regular market. Speculative instruments like futures or margin trading are not allowed.
The Sahulat Account removes common barriers for new investors, making it a powerful entry point for those ready to participate in the PSX.