Police said Ishaq, who has been in and out of police guardianship as of late, was captured on Saturday.
As indicated by Counter Terrorism Division (CTD) authorities, six denounced including Malik Ishaq and his two children were being taken to Muzaffargarh for distinguishing proof of arms when supporters assaulted the escort to discharge him and the others from police care.
"The police struck back and in the experience Ishaq and his two children were executed," said one police official.
Six police faculty were likewise harmed in the trading of flame.
Another senior police authority said the assault came after Ishaq and others had been taken to recoup a store of explosives.
The store incorporated "three water coolers brimming with unstable, detonators, a Kalashnikov, a few rifles and many slugs," the authority told news office AFP on state of namelessness.
"After the recuperation when police were returning back, at around 3:00am, more than twelve terrorists assaulted the escort and attempted to safeguard Ishaq and others," the police authority said.
Authorities said the sum total of what bodies have been moved to the Region Central command Healing facility (DHQ).
As per a representative for the CTD, 10 of the terrorists executed in the shootout had a place with the Tehreek-e-Taliban Pakistan (TTP) and al-Qaeda.
The CTD representative said that police had looked for the guide of the National Database Enlistment Power (NADRA) and different divisions for distinguishing proof of the terrorists. He said sister of the terrorists executed had as of now been recognized.
PROFILE:
Conceived in 1959 in Punjab's Rahim Yar Khan region, Malik Ishaq was one of the establishing individuals from the banned partisan outfit Sipah-e-Sahaba, yet taking after contrasts with other SSP pioneers he shaped the Lashkar-e-Jhangvi, which would likewise later be added to the rundown of banned terrorist equips in 2001.
In 2003, the United States proclaimed the LeJ a worldwide terrorist association and named Ishaq a worldwide terrorist.
Ishaq was under guardianship in 2011, yet the Preeminent Court requested his discharge for absence of proof.
Ishaq, who was confronting more than 100 homicide cases and put in more than 23 years in prison, had been in and out of police guardianship in spite of the Lahore High Court requesting his discharge a few times. He was frequently confined and a few times kept under house capture under the Support of Open Request and different laws.
Both Ishaq and his two children were being kept at the Rahim Yar Khan focal correctional facility before their passing in the shootout. Police said he was captured six days prior on charges of target-killing.