The Securities and Exchange Commission of Pakistan (SECP) was set up in pursuance of the Securities and Exchange Commission of Pakistan Act, 1997. This Act institutionalized certain policy decisions relating to the constitution and structure, powers, and functions of the SECP, thereby giving it administrative authority and financial independence in carrying out its regulatory and statutory responsibilities.
The SECP became operational in January 1999 and has come a long way since then. It was initially concerned with the regulation of corporate sector and capital market. Over time, its mandate has expanded to include supervision and regulation of insurance companies, non-banking finance companies and private pensions. The SECP has also been entrusted with oversight of various external service providers to the corporate and financial sectors, including chartered accountants, credit rating agencies, corporate secretaries, brokers, surveyors etc. The challenge for the SECP has amplified manifold with its increased mandate.
Bank AL Habib was established in October 1991 and strives to embody high standards of integrity, farsightedness and the trust reposed in it by its customers in all its banking operations.
Faysal Bank Limited (FBL) was incorporated in Pakistan on October 3, 1994, as a Public Limited Company under the Companies Ordinance, 1984, and is listed on the Pakistan Stock Exchange. Licensed by the State Bank of Pakistan, Faysal Bank is now a full-fledged Islamic bank, offering a wide range of Commercial, Retail, Corporate, and Islamic banking services.
With a growing footprint across Pakistan, Faysal Bank proudly serves millions of customers through a nationwide network of 850+ Islamic banking branches in more than 350 cities. Our journey towards becoming a leading Islamic financial institution reflects our commitment to providing Shariah-compliant products and services that meet the evolving needs of individuals, businesses, and communities.
Headquartered in Karachi at Faysal House, Shahrah-e-Faisal, FBL continues to drive its vision of financial inclusion, customer-centric innovation, and sustainable growth, positioning itself as one of the largest Islamic banks in Pakistan.
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