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Bank Makramah : Transmission of Annual Report For The Year Ended December 31, 2023
March 08, 2024 at 05:31 am
Table of Contents
Introduction
04
Corporate Information
06
Brand Ethos
08
Corporate Governance
14
Key Operating and Financial Data
25
Six years Vertical Analysis
29
Six years Horizontal Analysis
30
Chairman's Review
31
Directors' Report to the Shareholders
34
Report of the Shari'ah Board
62
Statement of Compliance with The Listed Companies
(The Code of Corporate Governance) Regulations, 2019
68
Review Report on Statement of Compliance contained
in the Listed Companies
(Code of Corporate Governance) Regulations, 2019
72
Service Quality and Customer Complaints Handling
73
Independent Auditors' Report to the Members of Bank Makramah
Limited Unconsolidated Financial Statement
78
Unconsolidated Financial Statements
84
Independent Auditors' Report to the Members of Bank Makramah
Limited Consolidated Financial Statement
192
Consolidated Financial Statements
197
Categories of Shareholders
306
Pattern of Shareholding
307
Notice of Annual General Meeting
313
Branch Network
317
Form of Proxy
329
Corporate
Board of Directors:
Mr. Abdulla Nasser Abdulla Hussain Lootah
Chairman / Non-Executive Director
Mr. Muhammad Salman Alam Fazli
Vice Chairman / Non-Executive Director
Mr. Jawad Majid Khan
President & CEO / Executive Director
Mr. Waseem Mehdi Syed
Independent Director
Mr. Zafar Iqbal Siddiqi
Non-Executive Director
Mr. Wajahat Ahmed Baqai
Non-Executive Director
Ms. Fauzia Hasnain
Independent Director
Board Audit Committee
Ms. Fauzia Hasnain
Chairperson
Mr. Muhammad Salman Alam Fazli
Member
Mr. Zafar Iqbal Siddiqi
Member
Mr. Wajahat Ahmed Baqai
Member
Board Risk Management Committee
Mr. Wajahat Ahmed Baqai
Chairman
Mr. Muhammad Salman Alam Fazli
Member
Mr. Zafar Iqbal Siddiqi
Member
Ms. Fauzia Hasnain
Member
Board Human Resource & Remuneration Committee
Ms. Fauzia Hasnain
Chairperson
Mr. Abdulla Nasser Abdulla Hussain Lootah
Member
Mr. Muhammad Salman Alam Fazli
Member
Mr. Jawad Majid Khan
Member
Mr. Waseem Mehdi Syed
Member
Board Information Technology Committee
Mr. Zafar Iqbal Siddiqi
Chairman
Mr. Abdulla Nasser Abdulla Hussain Lootah
Member
Mr. Muhammad Salman Alam Fazli
Member
Mr. Jawad Majid Khan
Member
Mr. Waseem Mehdi Syed
Member
Board Compliance Committee
Mr. Waseem Mehdi Syed
Chairman
Mr. Abdulla Nasser Abdulla Hussain Lootah
Member
Mr. Muhammad Salman Alam Fazli
Member
Mr. Zafar Iqbal Siddiqi
Member
Mr. Wajahat Ahmed Baqai
Member
06 BML Annual Report 2023
Board Special Assets Management Committee:
Mr. Wajahat Ahmed Baqai
Chairman
Mr. Abdulla Nasser Abdulla Hussain Lootah
Member
Mr. Muhammad Salman Alam Fazli
Member
Mr. Jawad Majid Khan
Member
Mr. Waseem Mehdi Syed
Member
Ms. Fauzia Hasnain
Member
Shariah Board
Mufti Muhammad Najeeb Khan
Chairman
Mufti Irshad Ahmed Aijaz
Member
Dr. Noor Ahmed Shahtaz
Member
Mufti Bilal Ahmed Qazi
Member
Mufti Syed Zubair Hussain
Resident Shariah Board Member
Chief Financial Officer
Mr. Salman Zafar Siddiqi
Company Secretary
Syed Muhammad Talib Raza
Auditors
M/s. Yousuf Adil Chartered Accountants
Legal Advisors
Hyat & Meerjees
Share Registrar
THK Associates (Private) Limited
Plot No. 32-C, Jami Commercial Street-2, D.H.A, Phase-VII, Karachi.
Tel: 021-111-000-322
Ext: 107-111-115
Fax: 021-35310190
Email: secretariat@thk.com.pk
Website: www.thk.com.pk
Head Office
Plot No. G-2,Block-2, Clifton, Karachi.
UAN: 021-111-124-365
Fax: 021-32463553
Registered Office
Plot No. 9-C,F-6 Markaz, Supermarket,
Islamabad, Pakistan
Email: info@bankmakramah.com.pk companysecretary@bankmakramah.com.pk
Website: www.bankmakramah.com.pk
BML Annual Report 2023 07
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Bank Makramah Ltd. published this content on
08 March 2024 and is solely responsible for the information contained therein. Distributed by
Public , unedited and unaltered, on
08 March 2024 10:30:02 UTC .
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Duration Auto. 2 months 3 months 6 months 9 months 1 year 2 years 5 years 10 years Max.
Period Day Week
More charts
Bank Makramah Ltd is engaged in providing banking services. Its segments include corporate, small, and medium enterprises (SME) and commercial; treasury; retail banking; brokerage business, and others. The Corporate, SME and Commercial segment provides a variety of financial products and services to large and medium-sized clients, along with loan products offered to the Consumer, SME, and agriculture segments. The Treasury segment is responsible for asset / liability management and includes all treasury related products. The Retail banking segment relates to the branch distribution network, its related deposit and other products, and general banking services. Its deposit products include current, such as current account, classic current account, and Asaan Current Account; savings, such as senior citizen account and Summit Asaan Savings Account, and term deposit, such as Advantage Account and Mahana Amdan Account. Its corporate banking includes cash management and wealth management.
More about the company
1st Jan change
Capi.
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