According to @business, a Pakistan-based Shariah-compliant insurance firm backed by Qatar plans to raise about $3.9 million via an IPO next month, capitalizing on the country’s record-breaking stock market rally (source: Bloomberg/@business, Oct 17, 2025). For traders, the relatively small $3.9 million offer size points to a limited initial float, a setup that can increase intraday price swings on debut; monitoring the book-building price range and subscription metrics will be key once filings are published (source: Bloomberg/@business, Oct 17, 2025). The report does not reference cryptocurrencies, indicating no direct immediate impact on digital assets is signaled by the source, though equity risk-on conditions are the primary context for this IPO (source: Bloomberg/@business, Oct 17, 2025).