Andy Pycroft of the ICC Elite Panel of Match Referees imposed the sanction after Mohammad Rizwan’s side was ruled to be one over short of the target after time allowances were taken into consideration.
Former Indian cricketer Mohammad Kaif has come down hard on the right-hander, calling his batting style outdated and reminiscent of the 1980s.
Pakistan's title defence in the first global tournament in the country since 1996 got off to a stuttering start with New Zealand winning the Group A match by 60 runs.
"We saw something special today from Pakistan," said Williamson whose team have now lost four games in a row after starting the tournament with four wins.
Zaman on Saturday clubbed 11 sixes and eight fours in an undefeated 126 as Pakistan beat New Zealand by 21 runs in a rain-hit match where initially they had been set 402 to win.
Fakhar was the star of the show in the opening 20 overs of the innings, slamming nine sixes en-route to a century off just 63 balls.
Eight Kiwis are missing because of the IPL and skipper Kane Williamson has a bad knee injury, leaving the captaincy to batsman Tom Latham -- and providing plenty of opportunity for newcomers to shine
Shaheen, who will turn 23 on Thursday, hurt his knee during the final of Twenty20 World Cup in Australia in November last year
Tim Southee fell agonisingly short of leading New Zealand to victory in his first series in charge and the 34-year-old put it down to Sarfaraz Ahmed's dream comeback for Pakistan.
Babar Azam knocked a fighting hundred and the recalled Sarfaraz Ahmed hit a half century to guide Pakistan to a healthy 317-5 on the opening day of the first Test against New Zealand in Karachi on Monday.
Daryl Mitchell hit an unbeaten 53 against some sharp Pakistan fielding and disciplined bowling as New Zealand were held to 152-4 in the first Twenty20 World Cup semi-final in Sydney on Wednesday.
New Zealand skipper Kane Williamson won the toss and elected to bat against Pakistan in the first semi-final of the Twenty20 World Cup in Sydney on Wednesday.
