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The inspiration for launching Emirates Global Islamic Bank has its roots in the requirements of 175 million Pakistani’s who are rapidly realizing the economic and spiritual benefits of shariah compliant products and services.

Created with a vision of becoming the Islamic bank of preference, EGIBL started operations as a licensed Islamic Bank in February 2007 with sponsors from the United Arab Emirates and Saudi Arabia, and a business model to deliver Shariah compliant financial instruments through an urban/rural branch network, supported by quality customer service.

Through a professional management team comprising of reputed Shariah scholars, EGIBL has quickly positioned itself as a quality Islamic Bank that adheres to the requirements of a diversified customer base seeking salvation in Islamic financial instruments.

Our network comprises of 60 on-line branches in 36 cities and towns, staffed by a work force driven by customer satisfaction, and enabled by the latest technology in Customer Relationship Management.

 



His Excellency, Sheikh Tariq Bin Faisal Al Qassemi, Chairman
Syed Tariq Husain, President & Chief Executive Officer
Mr. Abdul Ghaffar Fancy, Director
Mr. Riyadh Muhammad Saeed Al Birdisi, Director
Mr. Raza Jafar Ali, Director
Mr. Ayham AL Yousuf, Director
Mr. Rudecindo Roca, Director

 

 

 

 

 

 

Syed Tariq Husain - President and CEO

Syed Tariq Husain is a seasoned banker with 30 years of diversified experience of local and global markets.

He started off as a Senior Auditor in ANZ Grindlays Bank. He has served at various key designations at reputed financial institutions such as ANZ Investments and Dubai Investment Group.

He has received a Chartered Accountant degree from Pakistan, Canada, England and Wales. He did his MBA from the York University, Canada.


Ahmed Jamal Khan - Regional Business Head - North & Central

Ahmed Jamal has a 19 years experience in the fields of business development and risk management.

He started his career with the Middle East bank. Later he worked with ANZ Grindlays and KASB bank limited. In both these organizations he held key positions.

He has done his MBA in Banking and Finance.


Ahmed Zafar - Head Organization Excellence

Ahmed Zafar has a 20 years experience in General Management and Business Development with local and international organizations.

He has served Royal Philips Electronics in the capacity of CEO Philips Pakistan, Regional Manager – Central & Eastern Europe and as CEO Philips Uzbekistan. He has also worked with Savola International as General Manager CIS and with Uzdunrobita as Vice President Marketing. His other work experiences include Gulf News and Pearl Continental Hotels.

Ahmed Zafar holds an Aero Science degree from Pakistan Air Force Academy, Sargodha.


Ahsan Raza Durrani - Head Investment Banking.

Ahsan brings with him a rich 15 years experience in Investment Banking and Asset Management. He has extensive knowledge and experience in arranging Syndicated and Structured Islamic Finance, based on the key Shariah compliant banking tools such as Murabaha, Ijarah and Mudaraba.

He is Chartered Accountant and Cost and Management Accountant.

Ahsan has served as the CEO of Faysal Asset Management Ltd.


Hasnain Rizvi - Head Compliance

Hasnain has an experience of 16 years in the areas of compliance, finance, audit, corporate governance and risk management.

He started his career in 1993 with Hyder Bhimji & Co. as a Chartered Accountant. He joined Bank Al Habib in 2000, where he was Senior Manager Finance. Prior to joining Emirates Global Islamic Bank, he was Chief Compliance Officer at My Bank Limited.

Hasnain is a certified Internal Auditor, USA, member of Australian Institute of Management and Fellow of Institutes of Taxation Management, Chartered Secretaries, Chartered Managers, Marketing Management, Associate Institute of Cost & Management Accounts of Pakistan, Member Association of Certified Anti Money Laundering Specialists - USA, and Associate of Pakistan Institute of Public Finance Accountants.


Iram Iqbal - Head Human Resources

Iram has a diversified experience of 19 years with 10 years in the Banking sector.

During her career, she has worked with Chase Manhattan Bank, Mashreq Bank Pakistan, Union Bank and Pakistan State Oil. Before joining Emirates Global Islamic Bank Limited, her last assignment was with National Industrial Parks Development and Management Company as Head Human Resources.

She is a graduate of Karachi University.


Kashif Hafeez - Head IT

Kashif Hafeez has extensive experience of over 18 years in Financial & Information Technology sectors. He has hands-on experience and knowledge of systems, system platforms and related processes and procedures and worked on various projects and initiatives.

He has led the Information Technology division of various organizations with core teams. During his career he has worked with various software houses as a Project Manager. Kashif worked with the Atlas Group for 13 years and served with the Atlas lease Limited & Atlas Investment Bank as their Head of IT.

Before joining Emirates Global Islamic Bank Limited, his last assignment was with Atlas Bank Limited as its Head of IT Operation & Head of Application Development from March 2006.

Kashif has graduated from Karachi University and holds a MBA degree from the Hamdard University.


Khawaja Maaz Khairuddin - Regional Business Head - South

Khawaja Maaz has a banking career span over a period of 25 years. In this time he has held various positions in Risk Management, Corporate and Commercial Banking.

He started his career with BCCI in 1983 where he has spent his eight years; His last assignment at BCCI was Deputy Branch Manager, Shenzhen, China. He has also worked at Faysal Bank, Shamil Bank of Bahrain (Bangladesh) and Bank Alfalah.

He is an MA (Economics) from the Karachi University.


Mohammed Salim Yousuf - Chief Financial Officer

Salim has a diversified experience of 18 years. During his career he has worked with different organizations like Ford Rhodes Siddat Hyder and Co. as Manager Audit, Atlas Lease Limited as Deputy General Manager Finance and Habib Metropolitan Bank as Chief Financial Officer and Head of Finance.

Before joining Emirates Global Islamic Bank Limited, his last assignment was with Pakistan Kuwait Investment Company as Chief Financial Officer.


Parvaiz Ahmad - Head Internal Audit

Parvaiz has a diversified experience of 34 years with various international and local banks.

During his career he has worked with different organizations like United Bank Limited, Hong Kong Shanghai Bank, Jeddah and Pakistan, ANZ Grindlays Bank, Schon Bank, Oman International as Deputy Country Manager and KASB Bank as Chief Operations Officer.

Before joining Emirates Global Islamic Bank Limited, his last assignment was with Faysal Bank Ltd. as Head Internal Audit Department.

Parvaiz has graduated from Karachi University.


Richard Rath - Head Operations

Richard is a seasoned banker with 26 years of industry experience in local and foreign markets. His areas of expertise are retail banking, operations and business process re-engineering.

He started his career with ANZ Grindlays Bank in 1982 and during this 18 years association he has held various senior positions in retail banking and operations in Pakistan, Bahrain and in the UAE. He is also associated with Faysal Bank Ltd., where he served as the Head of Branch Operations and Business Process Reengineering.

Richard is an MPA from Quaid-e-Azam University, Islamabad.


Shad Quraeshi - Head Risk Management

Shad is a seasoned banker with 29 years of rich experience in the fields of Risk Management, Credits, Treasury, Audit and Business development. He started his career with BCCI in 1980 and remained associated with them for 11 years on different assignments in Pakistan, United Kingdom, U.S.A., Spain and Kuwait.

He spent 14 years in USA and was associated with different institutions in the capacity of President & CEO, Corporate Executive Vice President / Credit Risk Manager and Vice President / Credit Manager. He came back to Pakistan in 2005 and joined Bank Al-Falah as Country Head Risk Management Division.

Shad has been a keynote speaker at different forums on subjects of Risk Management and Basel II. He is an MBA from Asian Institute of Management, Philippines.

 

Justice (R) Khalil-ur-Rehman Khan

Justice Khalil-Ur-Rehman Khan is the Shariah Advisor and the Chairman of the EGIBL Shariah Committee. He is a world renowned Islamic Scholar of Pakistan and has held numerous positions in various boards of prestigious Islamic institutions.

Justice (R) Khalil-ur-Rehman has served as Chairman on the Shariah Appellate Bench of the Supreme Court of Pakistan and has been the Rector of the International Islamic University, Islamabad. In addition, he is the former Chief Justice of the Lahore High Court. He has also been the Chairman of the Religious Board for Mudarabas.

Justice Khalil ur Rehman has authored the landmark judgment on Riba in 1999 on the basis of which new impetus has been provided to Islamic finance in the country.


Mufti Abdullah Najeebul Haq Siddiqi

Mufti Abdullah Najeebul Haq Siddiqi is the Deputy Shariah Advisor for EGIBL. He is associated with Dar-ul-uloom, Karachi and has specialized in Islamic Fiqh and Fatawa. He graduated from Darul uloom Karachi as Aalim-e-Deen and has obtained certification in Islamic Banking Finance and Economics from the Centre for Islamic Economics.

 



Vision
“To become a recognized and highly respected Islamic commercial bank offering a wide range of Shariah compliant products and services to a cross-section of society, achieved by adhering to stated values of innovation, integrity, dedication and service quality.”

Mission
“Provide quality and efficient Shariah compliant financial products and services to customers all over the country through an expanding branch network, staffed by motivated professionals and powered by state of the art technology”.

Values
Service Quality – quick, dedicated and unrivalled services.
Dedication – staff will be empowered to perform to the best of their abilities. Recruit the right person for the right job. Promotions, increments and career progression will depend on merit.
Integrity– Teamwork will be encouraged at all levels. Staff will be motivated to work in the best interest of the shareholders and personal interests will be subordinated to those of the institution and its customers.
Innovation– continuous products development through the adoption of latest technologies.

 

 

 

 

 

PACRA has rated the Bank’s long-term entity “A-“ and the short term rating is “A2”.

These ratings denote a low expectation of credit risk emanating from a strong capacity for timely payment of financial commitments.

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