Rashid, who was injured in his bid to overpower the attacker, passed away on Saturday.
The President took the decisive move on May 27.
The ICC Champions Trophy is set to kick off in Pakistan, marking the country's first ICC event since the 1996 World Cup.
The Navy said on Friday that the safety of the crew held hostage by armed pirates was ascertained and the Indian Navy warship continued to maintain its presence in the close vicinity of the vessel till its arrival in the territorial waters of Somalia.
The SHO said that Section 7 of the Anti-Terrorism Act had been included in the FIR, adding that the Chinese national would be presented before a court in Abbottabad.