Who we are

Security Investment Bank Limited (SIB) is a public limited company incorporated in Pakistan under the Companies Ordinance, 1984. The SIB was incorporated in Pakistan on May 23, 1991 and started its commercial operation on December 31, 1991. Its shares are quoted on Pakistan Stock Exchange. The registered office of SIBL is situated at Office No. 01, 1st Floor, Junaid Plaza, I-10 Markaz, Near MCB Bank, Islamabad.

SIB is licensed to carry out business of investment finance services as a Non-Banking Finance Company (NBFC) under section 282C of the Companies Ordinance, 1984 and the Non-Banking Finance Companies ( Establishment and Regulation ) Rules, 2003 issued by the Securities and Exchange Commission of Pakistan (SECP) and Non-Banking Finance Companies and Notified Entities Regulations 2008 (previously this was covered under SRO 585(1)/87 dated 13 July 1987, issued by the Ministry of Finance).

Our Vision

Vision Statement

Aiming for continued growth, we will further develop our strengths to seize new opportunities and maintain our steadfast commitment.

Our Mission

Mission Statement

Meet the challenges of highly competitive market with our expertise, creativity and service.
Develop & maintain strong client relationship.
Continuously enhance our contributions towards industrial development of the country.
Above all, in a tradition of prudent growth, our unwavering determination to strengthen long term earnings and return on shareholders' equity will endure.

Head Office / Principal Office

502, 5th Floor, Madina City Mall,
Abdullah Haroon Road, Saddar, Karachi.
Telephone (021) 35659750-54
Fax (021) 35659755
Email sibl@sibl.com.pk

Registered Office

Office No. 01, 1st Floor, Junaid Plaza,
I-10 Markaz, Near MCB Bank, Islamabad
Telephone (051)-4102926
Email sibl@sibl.com.pk

MANAGEMENT PROFILE

MR. ZAFAR M. SHAIKH

PRESIDENT AND CHIEF EXECUTIVE OFFICER

He is a renowned professional having a successful career spanning over three decades of international and domestic banking experience with primary emphasis on treasury and fund management covering both conventional and Islamic banking. Throughout his career, he has served for almost 6 years as Director General Central Directorate of National Savings with additional charge of DG Debt in Ministry of Finance and successfully managed and enhanced cost effective total portfolio from PKR 1030 billion to over PKR 2500 billion (equivalent USD 24 billion) in 5 years. He has also been Additional Director General, Debt Management, Ministry of Finance, for two years during which he effectively managed Domestic/External Debt and played a pivotal role in issuance of Sukuk and Commercial Bonds in International Markets. Developed domestic and international investor base for selling short and long dated government securities. He also introduced, for the first time in Pakistan, 30-year government bond. Presented a comprehensive strategy for prudent hedging on exchange as well as interest rates on substantial external non-USD loan portfolio of G.O.P. totaling approximately USD 38 billion. He also served as Advisor on Forex and Debt Management / Head of Treasury to the Governor State Bank of Pakistan for Four Years. During the assignment with the State Bank of Pakistan, managed to almost achieve the ideal trinity of low interest rates, stable exchange rates and comfortable foreign exchange reserves. Achieved milestone in historic build up of Foreign Exchange Reserves / stability in Exchange Rate. Played a key role in the establishment of Reserve management and Risk management departments at the central bank. Introduced and developed KIBOR as prudent benchmark in the banking history of Pakistan.
Before joining Government of Pakistan, Mr. Zafar has also served various financial institutions in Dubai, London and New York for almost 18 years in senior capacities/treasurer of banks.

MR. SHAKEEL AHMED

Chief Financial Officer

Shakeel Ahmed is currently working as Chief Financial Officer of Security Investment Bank. He has rich experience of more than 8 years in financial sector. He started his career in the organization as Manager Finance and MIS for 8 years, Before joining Security Investment Bank Limited he worked as Manager Finance in Habib Knit Fabrics (Pvt) Ltd. (Habib Group) for 9 years (Year 1999 to Year 2008). He has completed audit trainee under the bye laws of Institute of Chartered Accountants of Pakistan, Karachi (March-1992 to March-1996). He is MBA-Finance from HEC recognize university.

Corporate Information

Name of Board of Directors

Our Board comprises of coveted business groups of our country and includes following

PROFILE OF BOARD OF DIRECTORS

HAJI JAN MUHAMMAD

CHAIRMAN

Haji Jan Muhammad, the Chairman ARY Group, is a well known businessman and highly regarded in the business and financial circle. He has more than 41 years of rich experience in the field of Cables and wire Industry. He has been successfully running leading wire and cable manufacturing company namely H. M. Esmail & Company Ltd. since early fifties. Besides his business work, he is also very well regarded in the field of social welfare and services.

MR. MUHAMMAD MEHBOOB

DIRECTOR

Mr. Muhammad MEHBOOB is member of ARY Family and well known in business community. He has more than 20 years of rich experience in the field of Media and Communication Industry. He has been successfully running leading Media and Communication company since 2000. Besides his business work, he is also very well regarded in the field of social welfare and services.

DETAIL OF SPONSORS

Backed by a well known business group consisting of following members in the Board of Directors
1: Haji Jan Muhammad
2: Mr. Muhammad Mahboob
3: Mr Mohammad Shoaib

PATTERN OF SHARE HOLDING

SECURITY INVESTMENT BANK LIMITED

Credit Rating

JCR-VIS Credit Rating Company Limited has assigned the following entity rating to SIB with stable outlook.

Detail of Statutory Auditors

M/S Bakers Tilly Mehmood Idrees Qamar

Chartered Accountants,
Karachi.

NET CAPITAL BALANCE DATA

The Net Capital Balance of the company is Rs. 298.40 million as of June 30, 2016 dully reviewed by auditors on Sept 2016.

INVESTOR GRIEVANCES

SECURITY INVESTMENT BANK LIMITED

GRIEVENCE HANDLING PROCESS

1. Letters and emails sent by the client shall be received directly by the Head of Compliance for immediate action.
2. Head of Compliance will maintain a register to log all client grievances/complaints and their resolutions.
3. Head of Compliance will coordinate with the concerned departments to resolve the grievance/complaint within 10 working days and respond back to the client with an outcome to satisfy client query. Head of Operations will be copied on all communications in this regard.
4. In cases where Head of Compliance is unable to satisfy the client query within 10 working days, the Head of Operations will review the matter and try to resolve the same.
5. Should the matter remain unresolved even after the intervention of the Head of Operations, client will have the option to refer the matter to an Arbitration Committee of the Exchange.
6. Contact email address compliance@sibl.com.pk, head office address: 502, 5th floor, Madina City Mall, Abdullah Haroon Road, Saddar, Karachi.

PENDING INVESTOR COMPLAINT(S)

NIL

DETAIL OF CONTACT PERSON DESIGNATED TO HANDLE COMPLAINT

MR. Shakeel Ahmed

021-5659750-54 Ext : 110

DETAIL OF ACTION(S) TAKEN BY EXCHANGE AND THE COMMISSION AGAINST THE BROKERAGE HOUSE

NIL

Feedback Form

Auditor of the Company

M/S Bakers Tilly Mehmood Idrees Qamar.
Chartered Accountants

Audit Committee

To be Announced

To be Annoucned

To be Announced

Risk Management Committee

To be Announced

To be Announced

To be Announced

To be Announced

HR and Remuniration Committee

To be Announced

To be Announced

Name and Address of Share Registrar

Legal Advisor

“SIB is a member of Pakistan Mercantile Exchange Limited”.

Website Updation Date

Symbol of the company assigned by Pakistan Stock Exchange is “SIBL”

Earning Per Share (EPS)

EPS Year

Status :

Security Investment Bank Limited (the company) is a public limited company incorporated in Pakistan under the repealed Companies Ordinance 1984 (Now companies act 2017). The Company was incorporated in Pakistan on May 23rd, 1991 and started its commercial operations on December 31st, 1991.

License & Principal Activities

The company is licensed to carry out business of investment finance services as Non Banking Finance Company (NBFC) under section 282C of the repealed Companies Ordinance 1984 (Now companies Act 2017) and the Non Banking Finance Companies (Establishment and Regulation) Rules 2003 issued by the Securities and Exchange Commission of Pakistan (SECP) as amended through SRO 1002 (I) / 2015 dated October 15, 2015 and Non Banking Finance Companies and Notified Entities Regulations 2008 as amended through SRO 1160(I) / 2015 dated November 25, 2015 (previously this was covered under SRO 585(1)/87 dated July 13, 1987, issued by the Ministry of Finance). The license is valid Until May 29, 2025

FREE FLOAT OF SHARES

Free Float	Link
Annual Free Float of Shares 2020
Free Float December 2020
Free Float September 2020
Free Float March 2020
Annual Free Float Certificate 2019
Free Float December-2019
Free Float June-2019
Free Float March 2019

COMPLIANCE CERTIFICATES

Compliance Certificate	Link
Compliance Certificate 2019
Compliance Certificate 2018
Compliance Certificate 2018
Compliance Certificate 2017
Secretarial Compliance Certificate 2017
Secretarial Compliance Certificate 2016

Financial Highlights

Summary of key operating and financial data;

1. New Delite Company Limited

2. H M Esmail & Company Limited

3. Madina Electronics

4. ARY Services (Pvt) Limited

OPENING

Nill

Company Registration & NTN No.

Company Registration No. : 0024139

Company National Tax No. : 0800432-3