Account Opening Process
Step 1
Open your Roshan Digital Account (digionboard.faysalbank.com)
Step 2
Log in using your RDA account to the Faysal Digibank App
Step 3
Select the brokerage housed listed in the app
- Arif Habib
- Munir Khanani
- Alfalah CLSA
- KASB
- JS Global
- BMA
- Aqeel Karim Dedhi
- Taurus Securities Limited
- Topline Securities Limited
- Next Capital Limited
- Vector Securities (PVT) Limited
- Optimus Capital (Pvt) Limited
- Ismail Iqbal Securities (Pvt.) Ltd
- Chase Securities Pakistan (Pvt.) Limited
Step 4
Accept the Terms and conditions mentioned. (This will enable us to share your information with the selected broker and capital market entities to open your brokerage account & CDC depository account).
Step 5
Add funds into your RDA brokerage account. (This will transfer funds from your Faysal Islami Roshan Digital Pak Rupee Account into your Faysal Islami Stock Market Roshan Digital Account enabling you to invest).
For more information:
- Visit Pakistan Stock Exchange website Click here
- Visit CDC website
- Faysal Bank Call Center: 021-111-11-71-71
- Log in to Faysal Digibank Digital App
- You may contact your Relationship Manager
List of Brokerage Houses for Faysal Islami Roshan Digital Account
S.no |
Broker | Phone |
Website |
Broker ID |
|
---|---|---|---|---|---|
1 |
AKD Securities Limited |
021-111-253-111, Ext. 666 |
10629 |
||
2 |
Alfalah CLSA Securities Limited |
021-35645090-5, Ext. 312 |
5512 |
||
3 |
Arif Habib Corporation Limited |
021-111-245-111, Ext. 702 |
6452 |
||
4 |
BMA Capital Management Limited |
(+92-21) 111-262-872 |
1826 |
||
5 |
JS Global Capital Limited |
021-111-574-111, Ext. 4206 |
5264 |
||
6 |
Ktrade Securities Limited |
– |
14746 |
||
7 |
Munir Khanani Securities Limited |
0321-2551498
|
6684 |
||
8 |
Next Capital Limited |
111-639-825, 35632320-22, 35222208 |
12484 |
||
9 |
Taurus Securities Limited |
32430202,111-828-787 |
620 |
||
10 |
Topline Securities Limited |
03008232726, 03333781520 |
7419 |
||
11 |
Vector Securities (Pvt.) Limited |
021-32460222-26 |
15313 |
||
12 |
Optimus Capital (Pvt) Limited |
35296888 |
12732 |
||
13 |
Ismail Iqbal Securities (Pvt.) Ltd |
(+92-21) 34302181 |
05884, 34302179, 34302178 |
||
14 |
Chase Securities Pakistan (Pvt.) Limited |
(+92-21) 35293051 |
18531 |
For more information:
- Visit Pakistan Stock Exchange website Click here
- Visit CDC website
- Faysal Bank Call Center: 021-111-11-71-71
- Log in to Faysal Digibank Digital App
- You may contact your Relationship Manager
Frequently Asked Questions (FAQ's)
Yes, Roshan Digital Account holders can invest in Shariah Compliant stocks (KMI All Index) by applying for an account with the CDC through the Faysal Bank Digibank app or internet banking under the Roshan Digital services tab.
The customer will have their account opening request sent to the CDC through the Faysal Bank Digibank app or Internet Banking, which will then be funded through their Roshan Digital Account held with Faysal Bank. These funds will be used to purchase Shariah Compliant stocks (KMI All Index) via brokerage house of the customer’s choice selected when the account opening request was made.
Select “Roshan Digital Services” on Faysal digi Internet Banking / app. With the following further steps, you can start investing in Pakistan Stock Market through Roshan Digital Account
- Click on the ‘Investments’ tab then Click “Stock Market” 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 and I shall also provide the Shariah Compliance undertaken as well.
- Select the Broker
You will receive an ‘Acknowledgement Email’ from CDC as soon we receive the consent and information from your bank.
In 24 hours of receiving the acknowledgement mail from CDC and after verification of your information/ credentials, you will receive an Account Opening Package email from CDC, comprising of the following actions and details:
- Opening of your Trading Account with your selected broker.
- Creation and Registration of your Unique Identification Number (UIN).
- Opening of your Custody Account (CDC Account).
- Activation of Direct Settlement Service (DSS) in your Investor Account (if you have opted for the same).
- Creation of your CDC Web Access Login ID and Password.
A Trading Account is opened on behalf of the Investor with a broker and is used for trading in All KMI 30 index shares.
In order to authenticate each trade and transaction executed in the stock market, NCCPL registers investors by assigning a Unique Identification Number (UIN). Registered UINs are provided to the stock exchange by NCCPL and it is mandatory for brokers to enter the same while trading.
A Custody Account is a shares custody account opened with CDC.
Direct Settlement Service (DSS) is a web based service through which IAS Account Holders can settle their trades executed at Stock Exchange directly through their respective IAS Account. Investors have to contact the broker only for the execution of trades. Further details about Direct Settlement Service are available on the following
link https://www.cdcpakistan.com/businesses/others/direct-settlement-services/
You will be contacted directly by your broker regarding their Fee and Commission Structure and other trading details. Please note that before the opening of your Trading Account, the broker will perform its own due diligence and may ask for more details / information.
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).
You can purchase Shariah-compliant shares through broker’s online trading app / portal easily within the amount transferred by you to CDC.
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 also notify you regarding the transaction.
You can sell your already purchased shares through your broker’s online trading app / portal easily after T+2 (2 business days after transaction) of purchase.
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.
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 bank and will be available to you through CDC Access web portal and app.
CDC will pay your broker’s commission from the cash transferred by you from your Roshan Digital Account to CDC bank account.
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 www.nccpl.com.pk
No, this service is FREE-OF-COST for Overseas Pakistanis. For more information, please visit: https://www.psx.com.pk/psx/resources-and-tools/investors/rda-roshan-equity-investment-nrps