What is Roshan Equity Investment?

The Roshan Equity Investment (RDA) is an initiative to promote overseas investment in Pakistan Stock Exchange by non-resident civilians.
Keeping this in mind, PSX is closely working with the State Bank of Pakistan to enable the non-residents of the country to take part in Stock market Investments and Promotions.
Overseas Pakistanis can now invest on Pakistan Stock Exchange (PSX) through their Roshan Digital Account. This is an ideal opportunity for non-resident Pakistanis to invest in Pakistan’s capital market and benefit from the competitive returns on offer by PSX while participating in the growth of their native homeland’s economy. Overseas Pakistanis can choose from a wide array of companies listed on the Exchange in several different sectors, build their investment portfolio and reap the potential rewards of investing on PSX.
Muhammad Munir Khanani Securities Limited takes pride in being one of the brokerage houses to provide potential clients its services to invest through Roshan Digital Account.
We offer exceptional support and help to our clients to ensure they reap competitive returns from their investments.

How to open Roshan Digital Account?

To open Roshan Digital Account, Non-Resident Individual Pakistani can access any of the designated banks’ website/portal/app and fill Digital Account Opening Form, entering required information & submitting soft copies of documents. Bank will perform its Know Your Customer (KYC) and due diligence based on the information provided and confirm the status of Account Opening to the individual in 48 hours.

The eligibility criteria and procedure to invest in PSX through Roshan Digital Account is explained comprehensively below!

The client has to follow the following three steps to complete the account opening process.

It is important to note that the selected Bank and Broker may ask for additional information/documents if required.
After deposit of funds in the cash account, Roshan Digital Account holders will be able to invest in the stock market through the trading app provided by their broker.
Banks will specify the following two custodial Services options on their website/ portal/ app for the Individual.

i. Custodial Service through bank
ii. Custodial services through CDC

Buy & Sell Transactions

Why invest in the Pakistan Stock Exchange?

Pakistan Stock Exchange (PSX) offers an attractive avenue for investment not only for the local investors but also for foreign investors and overseas Pakistanis as well. This is evident from the number of foreign investors’ analysis and inflows. PSX has been offering competitive returns when compared to other regional and emerging markets in the long term. Non-Resident Pakistanis can now invest on Pakistan’s stock market by opening their Roshan Digital bank Account. It just takes a few clicks and submission of soft copies of documents which readies you as an overseas Pakistani to manage your funds and invest on Pakistan Stock Exchange.
Pakistan Stock Exchange has historically been an attractive option for investment for foreign investors. Your interest, as a Pakistani living abroad, in investing in the capital market of your motherland is not only a viable and beneficial option for you and your family but will also allow you to participate and contribute to the growth of the economy of Pakistan.
Pakistan Stock Exchange offers more than 35 different sectors consisting of more than 500 listed companies. There are multiple licensed brokerage houses available to assist in account opening and investing & trading through online trading applications.



How can I start investing in Pakistan Stock Market if I have a Roshan Digital Account?

First, you have to select “Investment in Stock Market” on your bank’s portal / website / app. With the following three further steps, you can start investing in Pakistan Stock Market through Roshan Digital Account:

Click on the ‘Consent’ tab to share Roshan Digital Account details with Central Depository Company (CDC) and other capital market entities
Click ‘I Agree’ to Terms and Conditions for Investing in Pakistan Capital Market
Selection of Broker

What happens after I provide the above?

You will receive an ‘Acknowledgement Email’ from CDC as soon we receive the consent and information from your bank.

What happens after the acknowledgement email?

In 24 hours of receiving the acknowledgement mail from CDC and if your Information/ credentials were found complete and correct, you will receive an Account Opening Package email from CDC, comprising of the following actions and details:

1. Opening of your Trading Account with your selected broker.
2. Creation and Registration of your Unique Identification Number (UIN).
3. Opening of your Custody Account (CDC Account).
4. Activation of Direct Settlement Service (DSS) in your Investor Account (if you have opted for the same).
5. Creation of your CDC Web Access Login ID and Password.

How would I know about Broker’s Commission and other trading details?

You will be contacted directly by your broker regarding its Fee and Commission Structure and other trading details. Please note that before the opening of your Trading Account, broker will perform its own due diligence and may ask for more details / information.

Do I need to do anything else before initiating my first trade?

Before you initiate your first trade, you have to initiate a Fund Transfer request from your Roshan Digital Account to CDC Bank Account maintained with your bank (details of which were provided with the Account Opening Package).

How do I initiate my first trade / purchase transaction?

You can purchase shares through broker’s online trading app / portal easily within the amount transferred by you to CDC.

How long after my purchase will I receive the shares in my CDC account?

At T+2 (2 business days after transaction), CDC will pay cash on your behalf against the purchase and will receive shares in your CDC Account. CDC will notify you about the transaction.

How do I sell shares?

You can sell your already purchased shares through your broker’s online trading app / portal easily.

When do I receive the cash against my sale?

At T+2 (2 business days after transaction), CDC will transfer the shares out of your CDC Account and will receive cash on your behalf, which will be readily available for any further transactions.

How do I receive my Corporate Action entitlements?

All Corporate Action entitlements will be credited in your CDC Account. Your Cash Dividends will also be made available with CDC. All information regarding Corporate Actions will be provided to your bank and will be available to you through CDC Access web portal and app.

How do I pay broker’s commission?

CDC will pay your broker’s commission from the cash transferred by you from your Roshan Digital Account to CDC bank account.

What are NCCPL’s charges and how do I pay them?

NCCPL charges are applicable on the clearing of trades and will be deducted by CDC, details of which will be provided to you. For schedule of NCCPL’s fee and charges, please refer to

Is there any additional fee for Direct Settlement Service?

No, this service is FREE-OF-COST for Overseas Pakistanis.