The wicketkeeper-batter famously led Pakistan to their historic triumph at the 2017 ICC Champions Trophy and remains one of the most successful leaders in the country’s white-ball history.
Pakistan's last wicket partnership between Naseem Shah and Abrar Ahmed survived 21 balls in fading light while Sarfaraz Ahmed slammed a fighting hundred to deny New Zealand a victory in the second Test here on Friday.
Malik, who was player of the final in National T20 Cup on Sunday evening, has made way for Abdullah Shafiq.
The PCB has granted Test captaincy to senior batsman Azhar Ali, while it is Babar Azam who has been given the captaincy of limited-overs team.
Sarfaraz had earlier expressed his happiness after being included in the squad and went on record saying that he does not mind sitting and waiting for his turn.
Talking on the development, PCB Chairman Ehsan Mani said: "I am hopeful the trio of Misbah, Sarfaraz and Babar will do well for Pakistan cricket."
The Pakistan skipper urged the ICC and other cricket boards to support Pakistan in order to revive international cricket in the country.
Earlier, former Pakistani skipper Shahid Afridi had also slammed the UN for its silence on the matter and sought the intervention of the world body.
Pakistan are unchanged, whereas for Bangladesh, Mahmudullah and Mehidy Hasan are in for Sabbir Rahman and Rubel Hossain.
For Pakistan to qualify they need to achieve a feat which, leave aside World Cup cricket, has never been achieved in the history of ODI cricket.
