Shahid was fatally shot on the doorstep of her residence in Karachi on May 18, 2013.
The perpetrators were presented before the court on Friday. Both men were brought to the court amid high security and their faces were veiled while they were being taken inside the premises.
One of the accused, Rashid, was arrested about 10 days ago, while the other man, Zahid, was arrested a day ago.
South DIG Abdul Khalique Sheikh told The Express Tribune that Rashid was the key player in the murder.
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