List of Akbl Approved Companies S/No
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View of These Submission He Has Prayed for Allowing the Listed Application
IN THE HIGH COURT OF SINDH AT KARACHI Suit No. 1404 of 2019 Plaintiff: Abdul Rashid Shaikh Through Dr. Shah Nawaz, Advocate. Defendants: M/s. National Refinery Ltd. & another Through Mr. Javed Ashgar Awan, Advocate. For hearing of CMA No. 11475/2019. Dates of hearing: 29.10.2019, 12.11.2019, 17.12.2019 & 20.12.2019. Date of order: 20.12.2019 O R D E R Muhammad Junaid Ghaffar, J. Through this Suit for Declaration, Injunction and Damages, the Plaintiff seeks reinstatement in service with Defendant No.1 by impugning Letter dated 11.06.2019, whereby, the Plaintiff has been retired pre-maturely. 2. Learned Counsel for the Plaintiff submits that the Plaintiff was initially employed vide Appointment Letter dated 01.09.1992 with State Petroleum Refining & Petrochemical Corporation (Pvt.) Ltd. (“PERAC”) and was thereafter transferred / absorbed in Defendant No.1 vide Letter dated 12.11.1994; that the Plaintiff has worked for 29 years of service, whereas, time and again his services have been appreciated and there is no allegation of any misconduct; that four years of his service were left when he was retired prematurely through impugned letter; that in the terms of appointment as well as the governing rules of service relationship, there is no provision for an early retirement; that neither any notice was ever issued to the Plaintiff nor an opportunity was provided; that the conduct of the Defendants is in violation of the principles of natural justice 2 including violation of Article 10-A of the Constitution; that the Defendants ought to have exercised discretion within certain parameters, and procedure should have been followed like issuance of a Show Cause Notice and conducting some inquiry; that it is a matter of exploitation employed by the Defendants to the very detriment of the Plaintiff and in view of these submission he has prayed for allowing the listed application. -
Askari Bank Limited List of Shareholders (W/Out Cnic) As of December 31, 2017
ASKARI BANK LIMITED LIST OF SHAREHOLDERS (W/OUT CNIC) AS OF DECEMBER 31, 2017 S. NO. FOLIO NO. NAME OF SHAREHOLDERS ADDRESSES OF THE SHAREHOLDERS NO. OF SHARES 1 9 MR. MOHAMMAD SAEED KHAN 65, SCHOOL ROAD, F-7/4, ISLAMABAD. 336 2 10 MR. SHAHID HAFIZ AZMI 17/1 6TH GIZRI LANE, DEFENCE HOUSING AUTHORITY, PHASE-4, KARACHI. 3280 3 15 MR. SALEEM MIAN 344/7, ROSHAN MANSION, THATHAI COMPOUND, M.A. JINNAH ROAD, KARACHI. 439 4 21 MS. HINA SHEHZAD C/O MUHAMMAD ASIF THE BUREWALA TEXTILE MILLS LTD 1ST FLOOR, DAWOOD CENTRE, M.T. KHAN ROAD, P.O. 10426, KARACHI. 470 5 42 MR. M. RAFIQUE B.R.1/27, 1ST FLOOR, JAFFRY CHOWK, KHARADHAR, KARACHI. 9382 6 49 MR. JAN MOHAMMED H.NO. M.B.6-1728/733, RASHIDABAD, BILDIA TOWN, MAHAJIR CAMP, KARACHI. 557 7 55 MR. RAFIQ UR REHMAN PSIB PRIVATE LIMITED, 17-B, PAK CHAMBERS, WEST WHARF ROAD, KARACHI. 305 8 57 MR. MUHAMMAD SHUAIB AKHUNZADA 262, SHAMI ROAD, PESHAWAR CANTT. 1919 9 64 MR. TAUHEED JAN ROOM NO.435, BLOCK-A, PAK SECRETARIAT, ISLAMABAD. 8530 10 66 MS. NAUREEN FAROOQ KHAN 90, MARGALA ROAD, F-8/2, ISLAMABAD. 5945 11 67 MR. ERSHAD AHMED JAN C/O BANK OF AMERICA, BLUE AREA, ISLAMABAD. 2878 12 68 MR. WASEEM AHMED HOUSE NO.485, STREET NO.17, CHAKLALA SCHEME-III, RAWALPINDI. 5945 13 71 MS. SHAMEEM QUAVI SIDDIQUI 112/1, 13TH STREET, PHASE-VI, DEFENCE HOUSING AUTHORITY, KARACHI-75500. 2695 14 74 MS. YAZDANI BEGUM HOUSE NO.A-75, BLOCK-13, GULSHAN-E-IQBAL, KARACHI. -
S# BRANCH CODE BRANCH NAME CITY ADDRESS 1 24 Abbottabad
BRANCH S# BRANCH NAME CITY ADDRESS CODE 1 24 Abbottabad Abbottabad Mansera Road Abbottabad 2 312 Sarwar Mall Abbottabad Sarwar Mall, Mansehra Road Abbottabad 3 345 Jinnahabad Abbottabad PMA Link Road, Jinnahabad Abbottabad 4 131 Kamra Attock Cantonment Board Mini Plaza G. T. Road Kamra. 5 197 Attock City Branch Attock Ahmad Plaza Opposite Railway Park Pleader Lane Attock City 6 25 Bahawalpur Bahawalpur 1 - Noor Mahal Road Bahawalpur 7 261 Bahawalpur Cantt Bahawalpur Al-Mohafiz Shopping Complex, Pelican Road, Opposite CMH, Bahawalpur Cantt 8 251 Bhakkar Bhakkar Al-Qaim Plaza, Chisti Chowk, Jhang Road, Bhakkar 9 161 D.G Khan Dera Ghazi Khan Jampur Road Dera Ghazi Khan 10 69 D.I.Khan Dera Ismail Khan Kaif Gulbahar Building A. Q. Khan. Chowk Circular Road D. I. Khan 11 9 Faisalabad Main Faisalabad Mezan Executive Tower 4 Liaqat Road Faisalabad 12 50 Peoples Colony Faisalabad Peoples Colony Faisalabad 13 142 Satyana Road Faisalabad 585-I Block B People's Colony #1 Satayana Road Faisalabad 14 244 Susan Road Faisalabad Plot # 291, East Susan Road, Faisalabad 15 241 Ghari Habibullah Ghari Habibullah Kashmir Road, Ghari Habibullah, Tehsil Balakot, District Mansehra 16 12 G.T. Road Gujranwala Opposite General Bus Stand G.T. Road Gujranwala 17 172 Gujranwala Cantt Gujranwala Kent Plaza Quide-e-Azam Avenue Gujranwala Cantt. 18 123 Kharian Gujrat Raza Building Main G.T. Road Kharian 19 125 Haripur Haripur G. T. Road Shahrah-e-Hazara Haripur 20 344 Hassan abdal Hassan Abdal Near Lari Adda, Hassanabdal, District Attock 21 216 Hattar Hattar -
List of Acronyms
List of Acronyms A ABL Allied Bank Limited AC Air Conditioner ACP Annual Credit Plan ACAC Agriculture Credit Advisory Committee ACD Agriculture Credit Department ADs Authorized Dealers ADB Asian Development Bank ADF Asian Development Fund ADP Annual Development Plan AFS Available For Sale AIDS Acquired Immune Deficiency Syndrome APCMA All Pakistan Cement Manufacturers Association APL Attock Petroleum Limited ARPU Average Revenue per User ASEAN Association of South East Asian Nations B BAFL Bank AlFalah Limited BHU Basic Health Unit BISP Benazir Income Support Programme BMR Balancing Modernization and Replacing BOC Bank of China BOP Balance of Payment BP British Petroleum BPO Business Process Outsourcing BPRD Banking Policy Regulation Department BPS Basis Points BSC Bahbood Saving certificates, Benazir Smart Cards BSD Banking Surveillance Department BSE Bombay Stock Exchange Bt Bacillus thuringiensis C CAD Current Account Deficit CAB Current Account Balance CAGR Compound Annual Growth Rate CAR Capital Adequacy Ratio CBR Central Board of Revenue, Crude Birth Rate CBD Conventions on Biodiversity CBU Completely Built Unit CCC Climate Change Convention CDA Capital Development Authority CDR Crude Death Rate CDC Central Depository Company CDNS Central Directorate of National Saving CDs Certificate of Deposits CDS Credit Default Swap CDWA Clean drinking Water for All CDWI Clean Drinking Water Initiative CFC Common Facilities Centers CFS Continuous Funding System CFSMK-II Continuous Funding System Mark II CIA Central intelligence Agency CIB Credit -
Valuation of Debt Securities by MUFAP As Per SECP Circular 33 of 2012 Dated Oct 24, 2012
Valuation of Debt Securities by MUFAP as per SECP Circular 33 of 2012 dated Oct 24, 2012 Rates of Debt Securities as of January 16, 2020 VALUATION OF RATED INVESTMENT GRADE DEBT SECURITIES Traded / Non- S.No. Code Name of TFCs / Sukuks Prices Traded GOVERNMENT GUARANTEED / AAA 1 BPPL/SUK/180117 BYCO PETROLEUM PAKISTAN LTD. - SUKUK (18-01-17) **** Non-Traded 98.3750 2 HBL/TFC/190216 HABIB BANK LTD. - TFC (19-02-16) **** Non-Traded 96.4817 3 NJHCL/SUK/290616 NEELUM JHELUM HYDROPOWER COMPANY (PVT) LTD. - SUKUK (29-06-16) **** Non-Traded 102.3975 4 WAPDA/SUK/141013 WAPDA - SUKUK (14-10-13) **** Non-Traded 103.2038 5 WAPDA/TFC/270913 WAPDA - TFC (27-09-13) **** Non-Traded 99.3750 RATED AA+ 6 JSCL/TFC/240616 JAHANGIR SIDDIQUI & COMPANY LTD. - TFC (24-06-16) **** Non-Traded 100.0000 7 JSCL/TFC/180717 JAHANGIR SIDDIQUI & COMPANY LTD. - TFC (18-07-17) **** Non-Traded 99.7000 8 JSCL/TFC/060318 JAHANGIR SIDDIQUI & COMPANY LTD. - TFC (06-03-18) Traded 99.1250 9 KEL/SUK/170615 K-ELECTRIC LTD. - SUKUK (17-06-15) Traded 100.8250 10 HUBCO/SUK/220819 THE HUB POWER COMPANY LTD. - SUKUK (22-08-19) Traded 100.8864 RATED AA 11 BAFL/TFC/200213 BANK ALFALAH LTD. - TFC (20-02-13) **** Non-Traded 100.0000 12 BAHL/TFC/170316 BANK AL-HABIB LTD. - TFC (17-03-16) Traded 100.0000 13 BAHL/TFC/061218 BANK AL-HABIB LTD. - TFC (06-12-18) **** Non-Traded 100.0000 14 DHCL/SUK/161117 DAWOOD HERCULES CORPORATION LTD. SUKUK (16-11-17) Traded 99.7400 15 DHCL/SUK/010318 DAWOOD HERCULES CORPORATION LTD. -
Institutionalizing Islamic Banking: the Case of Bank of Khyber, Pakistan
Journal of Islamic Business and Management 2018, 8(S), 218-226 https://doi.org/10.26501/jibm/2018.080S-002 Institutionalizing Islamic Banking: The Case of Bank of Khyber, Pakistan Muhammad Mohsin Khan 1∗, Muhammad Atiq 2, Karim Ullah 3 1Director, Institute of Management Sciences, Peshawar, Pakistan 2 Assistant Professor, Institute of Management Sciences, Peshawar, Pakistan 3 Founding Head of Centre for Excellence in Islamic Finance, Institute of Management Sciences, Peshawar, Pakistan Keywords Abstract. This article discusses the move for conversion of a conventional Islamic Banking bank into Islamic one taking the Bank of Khyber (BoK), Pakistan as a Financial Intermediation case study. It provides an in-depth and emprical narrative of how Islamic Institutional Theory banking has been introduced at the Bank of Khyber particularly motivated by political and social incentives to reconstruct the current conventional banking model. Initially, BoK was operating on conventional model of financial intermediation and gradually, an Islamic banking division, a Shar¯i‘ah Board, and multiple Islamic depository and financing processes have been introduced and institutionalized to establish social and political legitimacy within the context. This case highlights the core challenges to the BoK team and value creation of the institutional intervention, particularly shared value creation and collaborative efforts across the industry, from an institutional theory perspective. This case carries multiple implications for the Islamic banking professionals and offers practical insights on the process of business model reconstruction within the context of Islamic banking. KAUJIE Classification: H13, I2, J0 JEL Classification: G2 c 2018 JIBM. All rights reserved. INTRODUCTION Institutionalization and Institutional Theory Institutional theory focuses on institutional pressures and how firms give into those pressures to adapt to social initiatives to gain legitimacy. -
June Annual Report
INSPIRED BY NATURE Nature has those splendors a curious soul desires. There are spectacles that enchant and phenomena that captivate. The making of textile is an inspired event that manifests the richness of the vibrant nature. VISION Setting trends globally in the textile industry. Responsibly delivering products and services to our partners. MISSION To deliver value to our partners through innovative technology and teamwork. Fulfilling our social and environmental responsibilities. VALUES • Integrity • Passion • Creativity • Teamwork Contents Company information 02 Color 03 Texture 05 Details 07 Shape 09 Pattern 11 Organogram 13 Strategic Objectives 14 Product 17 Stakeholders Engagement 18 Profile of the Directors 19 Board Committees 21 Code of Conduct and Ethics 23 Shareholders' Information 24 Chairman’s Message 25 Directors' Report 26 Sustainability Report 31 Financial Highlights 34 Financial Ratios 35 Graphical Analysis 36 Our Value Addition and its Distribution 38 Horizontal Analysis of Financial Statements 39 Vertical Analysis of Financial Statements 40 Comments on Financial Analysis 41 Statement of Compliance with the Code of Corporate Governance 42 Notice of annual general meeting 44 Review report to the members on statement of compliance with best practices of the code of corporate governance 45 Auditors' report to the members 46 Balance sheet 47 Profit and loss account 49 Statement of comprehensive income 50 Cash flow statement 51 Statement of changes in equity 53 Notes to the Financial Statements 54 Attendance at board and -
Excellence Entity
year of excellence entity Long term A Short term A2 JCR-VIS Credit Rating Company Ltd. (JCR-VIS) has upgraded the medium to long term entity rating of the Bank from ‘A-’ (Single A Minus) to ‘A’ (Single A) while maintaining the short term rating at ‘A-2’ (A Two). Outlook on the assigned rating is “Stable”. The Pakistan Credit Rating Agency Limited (PACRA) has maintained long term entity rating of the Bank to “A-“ (Single A Minus) and short term entity rating at “A2” (A Two). Rating outlook is “Positive”. The ratings denote low expectation of credit risk emanating from a strong capacity for timely payment of financial commitments. Milestones Achieved 4 Serving with Distinction & Pride 6 Our Vision & Mission 8 Company Information 10 Our Products & Services 12 Board Profile 14 From the Managing Director 16 Financial Spectrum 18 Six Years Financial Highlights 20 Notice of 22nd Annual Genreal Meeting 22 Directors’ Report 24 Statement of Compliance 37 Review Report to the Members 40 Statement of Internal Control 41 Shariah Advisor Report 42 Auditors' Report to the Members 45 Financial Highlights 47 02 03 milestones DEPOSITS RS. ADVANCES 60BILLION RS. UP BY 32 % OVER 2O11 BILLION30 UP BY 17 % OVER 2O11 INVESTMENTS RS. ASSETS 46BILLION UP BY 25 % OVER 2O11 RS. 82BILLION UP BY 20 % OVER 2011 PROFIT AFTER TAX ONE BILLION UP BY 23% OVER 2011 04 05 serving with We embarked upon our journey 22 years ago, as one of the public sector bank, catering to the banking needs of our people. After successfully coming out of all sort of challenges, today we are all set to be a bank that is present almost in every part of the country. -
Dynamics Shaking Total Factor Productivity in Manufacturing Sector of Pakistan: a Panel Data Analysis
European Online Journal of Natural and Social Sciences 2019; www.european-science.com Vol.8, No 1 pp. 109-117 ISSN 1805-3602 Dynamics Shaking Total Factor Productivity in Manufacturing Sector of Pakistan: A Panel Data Analysis Samara Haroon, Dong Hui Zhang* School of Economics, Shandong University, Jinan, PR China *Email. [email protected] Tel.: +8613708926062 Received for publication: 24 July 2018. Accepted for publication: 19 November 2018. Abstract This research article investigates how explanatory variables are responsible for change in to- tal factor productivity in manufacturing sector of Pakistan. Panel data of selected fifteen manufac- turing firms of Pakistan from 2005 to 2013 are used to capture time and space affects. Considering data set of fifteen selected manufacturing firms consistently, it was found that explanatory variables (like size of firm, leverage, cash flows and Ownership) were responsible for changed in TFP growth. Empirical results suggest that explanatory variables appear to be most dominating factors in order to influence the TFP growth over a period of time and over a firm also. Research study further will provide a guide for Pakistan policy makers to set priorities to improve TFP growth for their manu- facturing firms especially in Punjab. Keywords: Total Factor Productivity, Manufacturing Sector, Punjab, Pakistan Introduction TFP growth sets opportunity towards society to increase the welfare of people by increasing the production of manufacturing sector. Further productive efficiency plays an important role in economic planning and development. It is core objectives of any government to enhance the overall growth and development of the economy in order to enhance the GDP. -
Islamic Finance Pakistan the Islamic Finance Industry Newsletter
Islamic Finance Pakistan The Islamic Finance Industry Newsletter VOLUME 1 ISSUE 5 | NOVEMBER 2010 Editorial……………………………….………………………………………………… 2 O ye who believe! Guard Remembering Dr. Mehmood Ahmed Ghazi………….………………… 3 e your duty to Allah, and u Messages on sad demise of Dr. Ghazi…………………..……………….. 4 s s Moves and Promotion……………………………………………………………. 4 i speak words straight to 5 ﺣﺎﻓﻆ ڈاﮐﭩﺮﻣﺤﻤﻮداﺣﻤﺪ ﻏﺎزی ﻣﺮﺣﻮم s the point. i h Ask Us ……………………………………………………………….………………….. 6 t News Bulletin ………………………………………………………………………… 8 n Al – Quran , 33:70 I Spotlight………………………………………………………………………………… 10 Upcoming Event…………………………………………………………………….. 12 Dr. Mahmood Ahmed Ghazi… A man of true letters By Anwar Ahmed Meenai The sad news of Dr. Mahmood scholar, free of any prejudices on the Ahmed Ghazi’s death was received basis of caste or creed or association on 26th September 2010. It has with a particular school of thought. He caused immense grief and sorrow to always discussed issues in a scholarly everyone who knew him. manner, stating his viewpoint in a Dr. Ghazi belonged to a learned polite way as has been the practice of family which hailed from U.P., India. all true scholars in past generations. He received traditional religious Not only would he respect the works education at Jamiatul-Ulam-e- of scholars of the past generations, he Islamia, Binnori Town, Karachi and also admired his contemporaries and pursued further study, obtaining a acknowledged their works with an Besides recognition of his capabilities and works in Pakistan, Dr. Ghazi was Ph.D. Beside Arabic and Persian, he open mind. a scholar of international fame also knew English, German and Beside recognition of his capabilities scholar. -
Pakistan Stock Exchange Limited CLOSING RATE SUMMARY from : 09:15 AM to 05:15 PM Pageno: 1 Friday August 09,2019 Flu No:152/2019 P
Pakistan Stock Exchange Limited CLOSING RATE SUMMARY From : 09:15_AM_TO_05:15_PM PageNo: 1 Friday August 09,2019 Flu No:152/2019 P. Vol.: 109097620 P.KSE100 Ind: 29737.98 P.KSE 30 Ind: 13993.91 Plus : 170 C. Vol.: 76410570 C.KSE100 Ind: 29429.07 C.KSE 30 Ind: 13793.17 Minus: 134 Total 321 Net Change : -308.91 Net Change : -200.74 Equal: 17 Company Name Turnover Prv.Rate Open Rate Highest Lowest Last Rate Diff. ***CLOSE - END MUTUAL FUND*** HIFA HBL Invest Fund 500 3.01 3.00 3.00 3.00 3.00 -0.01 TSMF Tri-Star Mutual 25500 3.01 2.16 2.16 2.01 2.04 -0.97 ***MODARABAS*** AWWAL Awwal Modaraba 1000 11.60 11.40 11.40 11.40 11.40 -0.20 BRR B.R.R.Guardian 1000 6.81 7.00 7.00 7.00 7.00 0.19 FECM Elite Cap.Mod 500 1.33 1.60 1.60 1.60 1.60 0.27 FHAM Habib Modaraba 21000 9.00 8.77 8.77 8.50 8.51 -0.49 FPJM Punjab Mod 6000 1.88 1.97 1.97 1.90 1.93 0.05 FUDLM U.D.L.Modaraba 1500 5.23 6.00 6.00 5.90 5.90 0.67 ORIXM Orix Modaraba 500 14.25 14.50 14.50 14.50 14.50 0.25 PMI Prud Mod.1st 2000 0.80 0.99 0.99 0.66 0.99 0.19 ***LEASING COMPANIES*** OLPL Orix Leasing 5000 21.30 21.75 22.36 21.75 22.34 1.04 ***INV. -
Download Report (2.86
Contents Company Information 1 Director's Report - English 2 Director's Report - Urdu 3 Uncolnsolidated Condensed Interim Balance Sheet 4 Uncolnsolidated Condensed Interim Profit & Loss Account 5 Uncolnsolidated Condensed Interim Statement of Other 6 Comprehensive Income Uncolnsolidated Condensed Interim Cash flow Statement 7 Uncolnsolidated Condensed Interim Statament of Changes in 8 Equity Uncolnsolidated Condensed Interim Financial Information 9 Consolidated Condensed Interim Balance Sheet 14 Consolidated Condensed Interim Profit & Loss Account 15 Consolidated Condensed Interim Statement of Other 16 Comprehensive Income Consolidated Condensed Interim Cash flow Statement 17 Consolidated Condensed Interim Statament of Changes in 18 Equity Consolidated Condensed Interim Financial Information 19 Company Information Board of Directors Services & Stakeholders Shares Registrar Committee Amir Abbassciy FAMCO Associates (Pvt) Limited Chairman Muhammad Raza Hasnani, 8-F, Next to Hotel Faran Chairman Nursery, Block - 6, P.E.C.H.S, Mohammad Wasi Khan Shahrah-e-Faisal, Karachi Chief Executive Officer Akhtar Hussain Malik, Member Tel: (92 21) 3438 0101 Muhammad Mahmood Hussain 3438 0102 Director Syed Arshad Raza, Fax: (92 21) 3438 0106 Member Akhtar Hussain Malik Director Registered Office Chief Financial Officer th Syed Arshad Raza 9 Floor, The Harbour Front, Director Asad Azhar Siddiqui Dolmen City, HC-3, Block-4, Marine Drive, Clifton, Karachi75600, Pakistan Muhammad Raza Hasnani Company Secretary Director Tel: (92 21) 111 222 081 Majid Muqtadir