AKD SECURITIES LIMITED BIPL SECURITIES LIMITED
2021 ANNUAL REPORT
Pioneers in Providing Premium Financial Services
For Over 5 Decades
COMPANY
INTRODUCTION
BIPL Securities Limited (BIPLS) is a full service brokerage house listed on the Pakistan Stock Exchange (PSX). We trace our history back to 1962 when we were incorporated as Khadim Ali Shah Bukhari. We were corporatized in Oct, 1991. BankIslami Pakistan Limited took over in May, 2015 and we eventually become BIPLS on Nov 03, 2016. On June 28, 2021 the share holding of BankIslami in BIPLS was acquired by AKD Securities Limited.
Over the 5 decades of our existence one thing that is constant is the drive for excellence and the desire to do the very best for our clients. Everything we do, the sole reason for our existence, is to serve our clients across our many product platforms and to help them achieve their investment objectives consistently and in a transparent and ethical manner.
Our efforts in service excellence has been consistently recognized, appreciated and awarded by local and international agencies. We believe that as long as we remain client focused and work for the long term bene fit of our clients, the company will continue to grow and all stakeholders will benefit and prosper.
04
Vision & Mission
05
06
Core Values
Services Offered
07
08
Company Information
Business Ethics & Practices
09
10
Our Policies
Awards & Recognitions
12
14
Company Milestones
Our Location & Branch Network
16
17
Chairman's Review
CEO's message
18
Directors' Profile
20
Corporate Social Responsibility (CSR)
21
Directors' Report To The Members
26
Financial Highlights
27
Notice of Annual General Meeting
29
Independent Auditor's Review Report
31
Statement Of Compliance
Standalone Financial Statements
34
Independent Auditor's Report
39
Statement Of Financial Position
40
Statement Of Profit And Loss Account And Other Comprehensive Income
41
42
43
Cash Flow Statement
Statement Of Changes
In Equity
Notes To The Financial Statements
Consolidated Financial Statements
66
Directors' Report
67
Independent Auditor's Report To The Members
71
72
Consolidated Statement Of Financial Position
Consolidated Statement Of Profit And Loss Account And Other Comprehensive Income
73
74
75
96
97
Consolidated Cashflow Statement
Consolidated Statement Of Changes
In Equity
Notes To The Consolidated Financial Statement
Pattern Of Shareholding
Pattern Of Shareholding - Additional Information
98
Urdu Translation - Directors' Report To The Members
106
Urdu Translation - Consolidated Directors' Report To The Members
107
Urdu Translation - Chairman's Review Report
108
Form Of Proxy - English
109
Form Of Proxy - Urdu
This is an excerpt of the original content. To continue reading it, access the original document here.
Attachments
- Original Link
- Original Document
- Permalink
Disclaimer
BIPL Securities Ltd. published this content on 01 April 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 01 April 2022 06:42:05 UTC.
