history of islamabad stock exchange

Islamabad Stock Exchange owes its origin to the dynamic group of leading businessmen and professionals of Islamabad/Rawalpindi region who conceived the idea of the establishment of the third bourse in the country so as to provide new investment avenues to the people of the northern region of Pakistan. Over the years, the founders' vision for bringing of vital element of competition to the securities market place has enabled the ISE to become known for the highest standard of transparency in its operations and excellent risk management. Today, the ISE has also been recognized for its dynamic market technology, lowest overall costs of listing and an unparallel market discipline. History>>Founder Members Back to History Founder Members Mr. Amanullah Khan Mr. Tariq Iqbal Khan Mr. Amanullah Khan actively participated in the developmental plan of the Islamabad Stock Exchange. A retired military officer, who later served as the First president of the Exchange during the period from 1989-1994. During this tumultuous period, Mr. Khan played instrumental role in promotion of ISE and the spread of investment habits in local populace of the region Mr. Tariq Iqbal Khan is a Chartered Accountant by profession, who has been one of the principal members to conceive and implement the project of Islamabad Stock Exchange. Mr. Khan also has the distinction of leading the ISE as vice president (1989-93) and then as the president of the ISE Board from 1995-97. Mr. Tariq Khan is presently serving as the chairman and Managing Director of NIT. He also serves on the Boards of many corporate entities in Pakistan. Mian Parvez Aslam Mr. Mian Habibullah Khan Mian Parvez Aslam has been one of the dynamic forces in the Islamabad Stock Exchange and continues to exercise leadership through his involvement in making the ISE as one of the most vibrant and transparent Stock exchanges in the country. Mian Parvez Aslam is also very active in many social and local political issues of the region. Mian Parvez has also been one of the former presidents of Rawalpindi Chamber of Commerce and Industry. Mr. Mian Habibullah Khan is a renowned businessman of the country , who made significant contribution in the start of the ISE. Mr. Habibullah has been a former chairman of the Export Promotion Bureau of the Govt. of Pakistan and represents many business/trade bodies of the country. Mr. Mian Habibullah Khan also served as the Honorary Council General of Republic of Cyprus in Pakistan. Mr. Muhammad Haji Yaqoob (late) Mr. Khalid Waheed (Late) Mr. Muhammad Haji Yaqoob (late) had been an active participant of the core group of personalities involved in the setting up of the Islamabad Stock Exchange. A hotelier by profession, who made significant contributions towards the promotion of trade and industry in the Northern region of Pakistan. Mr Mahammad Haji Yaqoob also served as the Treasurer of the ISE during the initial period of five years from 1989 to 1994. Mr. Khalid Waheed had been a leading entrepreneur and a successful business personality of the country. who greatly transformed his family enterprise ' M/S Ferozsons Laboratories Ltd' into one of the best pharmaceutal company of pakistan he had the honor of being youngest president of the Federation of Pakistan Chamber of Commerce and Industry during 1967. Mr. Khalid Waheed was also nominated, to head the Pakistan Tourism Development Corporation by the GOP. Mr. Ferozuddin A. Cassim Mr. Sheikh Muhammad Shabbir Mr. Ferozuddin A. Cassim is one of the prominent brokers of the country who has the honor of being elected as the president and the chairman of KSE during 1986-1987 and 2003 respectively. Mr. Cassim has continued to provide valuable support to the ISE from its very inception to the present day. His diverse experience in the corporate and securities markets makes him a leading proponent of reforms in the capital market of the country. Sheikh Muhammad Shabbir is a prominent business personality of the region who is also a founder member of Islamabad Stock Exchange. Sheikh Sahib has held of the business association such as the President of Rawalpindi Chambers of Commerce and industry (1995-97) and vice Prisedent of Islamabad Stock Exchange (1993-94). Mr. S. M. Hassan Mr. S.M. Hassan made valuable contributions in the formation of the Islamabad Stock Exchange. He is a senior member of the Rawalpindi Chamber of Commerce and Industry and a well-known business personality of the region with multiple business interests.