Bank o1' Kh*her
ContentsVision & Mission 2
Corporate Information 4
Notice of 35th Annual
General Meeting 6
Chairman's Review 10
Directors' Report to
the Shareholders 11
Statement on Internal Controls 22
Annual Report of Shariah Board 23
Pattern of Shareholding 29
Category of Shareholders 30
Statement of Compliance 31
Independent Auditor's Review Report on Statement
of Compliance 34
Independent Auditor's Report 35
Statement of
Financial Position 40
Profit and Loss Account 41
Statement of
Comprehensive Income 42
Statement of Changes in Equity 43
Cash Flow Statement 44
Notes to the
Financial Statements 45
List of Branches 146
List of Foreign
Correspondent Banks 153
Form of Proxy
1
VisionTo become a leading Bank providing efficient and dynamic services in Islamic banking through expanded nationwide network.
MissionTo increase shareholders' value and provide excellent service and innovative products
to customers through effective corporate governance, friendly work environment and contributing towards an equitable socioeconomic growth.
2 BANK OF KHYBER ANNUAL REPORT 2025
Corporate Information
Board of Directors
Ikramullah Khan* Chairman /
Non-Executive Director
Kamran Ahmed Afridi Non-Executive Director
Syed Asad Ali Shah Independent Director
Tahir Jawaid Independent Director
Abid Sattar Independent Director
Osman Asghar Khan Independent Director Muhammed Shahid Sadiq Independent Director Natasha Jehangir Khan Independent Director
* On Jan 23, 2026, Mr. Islam Zaib has replaced Mr. Ikramullah Khan.
Managing Director / CEO
Hassan Raza
Shariah Board
Mufti Muhammad Zahid Chairman Shariah Board
Mufti Muhammad Arif Khan Member Shariah Board Mufti Abdul Wahab Member Shariah Board
Qazi Abdul Samad Resident Shariah Board Member (RSBM)
Board Audit Committee
Syed Asad Ali Shah Chairman
Kamran Ahmed Afridi Member
Abid Sattar Member
Muhammed Shahid Sadiq Member
Osman Asghar Khan Member
Board Human
Resource & Remuneration Committee
Abid Sattar Chairman
Tahir Jawaid Member
Natasha Jehangir Khan Member
Osman Asghar Khan Member
Board Risk Management Committee
Abid Sattar Chairman
Kamran Ahmed Afridi Member
Muhammed Shahid Sadiq Member
Hassan Raza Member
Board I.T Steering Committee
Osman Asghar Khan Chairman
Tahir Jawaid Member
Natasha Jehangir Khan Member
Syed Asad Ali Shah Member
Hassan Raza Member
Board Compliance Committee
Muhammed Shahid Sadiq Chairman Kamran Ahmed Afridi Member
Natasha Jehangir Khan Member
Hassan Raza Member
4 BANK OF KHYBER ANNUAL REPORT 2025
Chief Financial Officer
Irfan Saleem Awan
Company Secretary
Raza Mohsin Qizilbash
Registered Office / Head Office
Bank of Khyber
24 - The Mall, Peshawar Cantt. UAN# 00-92-91-111 95 95 95
URL: https://www.bok.com.pk
Auditors
M/s PwC A.F. Ferguson & Co.
Chartered Accountants
Legal Advisors
M/s. Mohsin Tayebaly & Co., Karachi
Registrar and
Share Registration Office
THK Associates (Pvt) Ltd.
Plot # 32-C, Jami Commercial Street 2 D.H.A, Phase-VII,
Karachi-75500
5
Notice is hereby given that Thirty Fifth Annual General Meeting of the Shareholders of the Bank of Khyber (the Bank) will be held on Monday, March 30, 2026, at 10:30
a.m. at the Bank of Khyber Head Office, BOK Tower, 24 - The Mall, Peshawar Cantt. as well as through video link to transact the following business:
Ordinary Business
To confirm the minutes of Thirty Fourth Annual General Meeting held on March 28, 2025.
To receive, consider and adopt the Annual Audited Financial Statements of the Bank for the year ended December 31, 2025, together with the Directors' Report and Auditors' Reports thereon. Further, the shareholders will be briefed by highlighting the performance of the Bank and future endeavors.
The Annual Report 2025 which includes Audited Financial Statements of the Bank for the year ended December 31, 2025 and related reports/statements can be accessed through the Bank's website at https://www.bok.com.pk or through scanning the following QR enabled Code:
To appoint Auditors for the year ending December 31, 2026 and fix their remuneration. The Bank's auditors M/s. PwC A.F. Ferguson & Co., Chartered Accountants, retired and being eligible, offer themselves for re-appointment.
To consider, and if thought fit, approve as recommended by the Board of Directors, a Final Cash Dividend for the year ended 2025 @ Rupees 1.70 per share i.e. 17 % to the shareholders of the Bank. This is in addition to the interim cash dividend @ Rupees 1.50 per shares i.e. 15% already paid.
Special Business
To ratify the increase in Paid-up Capital of the BOK Currency Exchange Company (Pvt) Limited.
Statement of Material Facts under Section 134 (3) of the Companies Act, 2017 relating to said Special Business is given hereunder.
Other Business
Any other business with the permission of the Chair.
By Order of the Board
Raza Mohsin Qizilbash
Peshawar: March 09, 2026 Company Secretary
Notes:
Share Transfer Books of the Bank will remain closed from March 23, 2026 to March 30, 2026 (both days inclusive). Transfer received at the Share Registrar of the Bank M/s. THK Associates (Pvt) Limited, Plot No. 32 - C, Jami Commercial Street 2, Phase VII, D.H.A, Karachi, by the close of business on March 20 ,2026 will be treated in time for the purpose of above entitlement to the transferees and of attending the meeting.
For Appointing Proxies:
All members are entitled to attend and vote at the meeting.
A member entitled to attend and vote at the meeting, is entitled to appoint another member as a proxy to attend, speak and vote for him/her. The proxy appointed should be a member of the Bank of Khyber.
The instrument of proxy applicable for the meeting is being provided with the notice sent to the members. Further copies of the instrument of proxy, if required, may be obtained from the Registered Office of the Bank during normal office hours.
The instrument of proxy and a Power of Attorney or other authority (if any) under which it is signed, or notarized copy of such Power of Attorney must be valid and deposited at the Registered Office of the Bank not less than 48 hours before the time of the meeting.
Beneficial owners of the shares registered in the name of Central Depository Company of Pakistan (CDC) and/or their proxies are required to produce their original Computerized National Identity Card (CNIC) or passport for identification purpose at the time of attending the meeting. The form of the proxy must be submitted with the Bank within the stipulated time, duly witnessed by two persons whose names, addresses and CNIC numbers must be mentioned on the form, along with attested copies of the CNIC or the Passport of the beneficial owner and the proxy.
In case of corporate entity, the Board of Directors' resolution/power of attorney with specimen signature shall be submitted (unless it has been provided earlier) along with the proxy form of the Bank.
The proxy shall produce his / her original CNIC or passport for identification purposes at the time of attending the meeting.
Members are requested to immediately communicate changes in their registered addresses, if any, to the Bank's Shares Registrar before start of the book closure period.
Form of Proxy, if required, should be signed on Rs.10/- Revenue Stamp.
Video Link Facility for Participation in Annual General Meeting
The Annual General Meeting is being conducted as per guidelines circulated by SECP, following arrangements have also been made by the Bank to facilitate the maximum participation of the shareholders in the Annual General Meeting through video link facility, either in-person or through appointed proxies.
If the Bank receives request from members residing at a geographical location, to participate in the meeting through video link, are requested to please provide below information at Email: raza.mohsin@bok.com.pk or kamran.tariq@bok.com.pk at the earliest but not later than close of business on March 25, 2026.
Full name of shareholder/ proxy holder
Company
CNIC
Number
Folio/CDC/ Account Number
Email ID
Mobile Number
BOK
Please note that video link and login credentials will be shared with only those members / designated proxies whose e-mail and other required information are received in required time as mentioned above.
Login facility will be opened thirty (30) minutes before the meeting time to enable the participants to join the meeting after the identification process. Shareholders will be able to login and participate in the meeting proceedings through their devices after completing all the formalities required for the identification and verification of the shareholders.
FOR SHAREHOLDERS' ATTENTION
Transmission of Annual Report 2025
SECP through its S.R.O. 389(I)/2023 dated 21 March 2023, has allowed companies to circulate their annual balance sheet and profit & loss account, auditor's report and Directors' report etc. ("Audited Financial Statements") along with Notice of AGM ("Notice") to their shareholders through web link and QR Enabled Code by discontinuing the past practice of transmission of Audited Financial Statements through CD / DVDs / USBs.
In accordance with the Shareholders' approval accorded in 33rd Annual General Meeting of the Bank held on March 29, 2024, annual audited financial statements have been circulated through QR enabled code and web link to its members. However, the Bank would provide hard copies of the Annual Report to the shareholders on their demand at their registered addresses, free of cost, within one week of such request.
Payment of Cash Dividend Electronically (e-Dividend) / Dividend Mandate
As per Companies Act, 2017 and Companies (Distribution of Dividends) Regulation 2017, any dividend payable in cash by a listed company shall ONLY be paid through electronic mode directly into the bank account of the entitled shareholder(s) which must be in their own name. In this regard, the Bank had already sent letters & Bank Mandate Forms to the shareholders and issued various notices through publication in newspapers requesting the shareholders to comply with the requirement of providing Bank Mandate urgently.
Under the provisions of the said laws, the Bank is required to withhold cash dividend payment of those shareholders whose dividend mandate information and / or CNIC detail is not available at the time of payment of cash dividend.
All the shareholders are hereby once again requested to provide the Bank Mandate details including International Bank Account Number (IBAN) immediately along with a copy of valid CNIC, if not provided earlier to their respective Participants / Brokers (if shares are held electronically) or to the Share Registrar (if shares are held in physical form) for credit of cash dividends directly into their designated bank accounts through electronic modes.
In case of non-provision of Bank Mandate & copy of valid CNIC, cash dividend(s) will be withheld according to SECP directives. For providing the Bank Mandate details to CDC / Share Registrar, the IBAN Form may be downloaded from the Bank's website under Investor Relations.
Deduction of Withholding Tax
Please note that withholding tax will be deducted on the basis of latest "Active Taxpayers List" (ATL) available at FBR website as per following rates:
Persons appearing in ATL: 15%
Persons not appearing in ATL: 30%
Further, in respect of joint shareholders, tax will be deducted as per their respective ratio / share (if any) intimated by the shareholder to the Bank's Share Registrar, otherwise their shareholding will be treated as equal.
Valid Tax Exemption Certificate is required for claim of Exemption u/s 150 of the Income Tax Ordinance, 2001.
Zakat Declaration
That pursuant to the Zakat and Ushr Ordinance, 1980 read with the Zakat (Collection and Refund) Rules, 1981, The Bank is required to deduct zakat from dividend(s) and to deposit the same with the relevant Authority.
To avail an exemption from said deduction, the shareholder(s) are advised to provide a duly executed declaration form i.e. CZ-50, with respect to faith and fiqh,
The Bank of Khyber, in any case, bears no legal responsibility
/ obligation or any financial liability whatsoever in this regard.
Postal Ballot / E-voting
In accordance with the Companies (Postal Ballot) Regulations, 2018, Section 143 and 144 of the Companies Act 2017 and under Postal Ballot Regulation, 2018 latest amendments circulated through SRO dated December 05, 2022, SECP has directed all listed companies for the purpose of Polling on Special Business, be allowed to exercise their right to vote through postal ballot i.e. by post or e-voting, in the manner and subject to the conditions contained in the aforesaid regulations. Detail will be circulated in due course.
Unclaimed / Unpaid Dividends and Share Certificates
Shareholders are once again requested that who have not yet received / collected their previous dividends / physical shares to contact our Share Registrar for the needful.
Deposit / Conversion of Physical Shares into Book Entry Form
In accordance with Sub Section 2 of Section 72 of the Companies Act, 2017, Companies are required "to replace its physical shares with book entry form" in the manner specified by the Commission.
To enable compliance with the requirement, we request the shareholders to kindly convert shares held in Physical Form into Book Entry Form as soon as possible. The shareholders may contact a Broker, a PSX Member, CDC Participant or CDC Investor Account Service to obtain assistance for opening a CDS Account and subsequent induction of the physical shares into Book Entry Form.
For further information or clarification, please feel free to contact THK Associates (Pvt) Limited, Plot No. 32 - C, Jami Commercial Street 2, Phase VII, D.H.A, Karachi, on Tel # 021-35310191-6 or email at sfc@thk.com.pk
Statement of Material Facts under Section 134 (3) of the Companies Act, 2017This statement sets out the material facts concerning the Special Business at item No.5 of the notice to be transacted at the Annual General Meeting of the Bank to be held on March 30, 2026.
Item No. 5
To ratify the increase in Paid-Up Capital of BOK Currency Exchange Company (Pvt) Limited
The Board of Directors in its 183rd meeting held on November 3, 2023 approved the establishment of BOK Currency Exchange (Pvt) Ltd., a wholly owned subsidiary of the Bank of Khyber.
It was decided by the Board that "Paid-up Capital of the BOK Currency Exchange (Pvt) Ltd shall be PKR 500 million and Authorized Capital shall be PKR 1 billion.
However, the State Bank of Pakistan has revised its Regulatory Framework for Exchange Companies (Chapter-3) which now requires that "the minimum paid-up capital of the company shall be PKR one (1) Billion".
To comply with the requirement of the RFEC, the Board of Directors of the Bank through Resolution by Circulation dated September 23, 2025 had approved increase in Paid-up Capital of the BOK Currency Exchange Company (Pvt) Limited to PKR 1.00 Billion.
The Shareholders are requested to adopt the following resolution:
"RESOLVED THAT the injection of capital amounting to PKR 1 Billion done by the Bank into BOK Currency Exchange Company (Pvt.) Limited, pursuant to the requirements of the Regulatory Framework for Exchange Companies (RFEC) and as approved by the Board of Directors, be and is hereby approved and ratified."
Chairman's Review
On behalf of the Board of Directors, I am pleased to present the Annual Report of the Bank of Khyber for the year ended December 31, 2025.
The year 2025 marked continued macroeconomic stabilization in Pakistan. Key economic indicators reflected notable improvement, including moderated inflation, relative exchange rate stability, and a more accommodative monetary stance. Economic growth during the year demonstrated resilience, supported by improved market confidence and strengthening business activity. While challenges remain, the outlook remains cautiously optimistic, contingent upon sustained structural reforms, fiscal discipline, and external stability.
Amid this evolving economic landscape, the Bank of Khyber delivered a healthy performance, maintaining its strategic focus on sustainable growth, operational efficiency, and prudent risk management. The Bank continued to strengthen its core banking operations while enhancing its customer-centric approach through innovative and value-driven financial solutions.
Digital transformation remained a key priority during the year. The Bank further expanded its digital banking capabilities, enabling customers to seamlessly conduct transactions through secure mobile and online platforms. A notable milestone was the launch of the Bank's Digital Mastercard, broadening our product suite and enhancing convenience for our customers in an increasingly digital financial ecosystem.
The Bank also remained actively engaged in fulfilling its corporate social responsibility. Our initiatives continued to support sports, culture, arts, youth development, and community welfare, reflecting our commitment to inclusive growth and social impact.
As Directors, we recognize that strong governance practices are fundamental to sustainable success. The Board remains fully committed to upholding the highest standards of integrity, transparency, and professionalism. In compliance with applicable regulatory frameworks and best governance practices, the Board continues to provide effective oversight through its sub-committees overseeing risk management, information technology, human resources, audit, and compliance. These committees play a pivotal role in aligning strategy with operational execution while reinforcing accountability and sound internal controls.
A significant strategic development during the year has been the initiation of the process for the Bank's conversion from a conventional to a full-fledged Islamic banking institution. This transformative step aligns with the vision of the State Bank of Pakistan (SBP) for promoting a Shariah-compliant banking system in the country. The Board and management remain fully committed to ensuring a smooth, compliant, and well-structured transition in line with regulatory requirements and stakeholders' expectations.
Looking ahead into 2026, we remain focused on strengthening our market position, accelerating digital innovation, enhancing operational excellence, and delivering sustainable value to all stakeholders. We are pleased to inform that, after the year-end, SECP issued certificate of incorporation for the BOK Currency Exchange Company (Pvt.) Limited, a wholly owned exchange company of the Bank. In this respect, the Bank has also injected an amount of Rs. 1 billion as paid-up capital of the BOK exchange company.
With a clear strategic direction and a dedicated team, we are confident in our ability to achieve new milestones in the years to come and look forward to a future of continued growth, resilience, and shared prosperity.
I extend my sincere gratitude to our valued customers and shareholders for their continued trust, to the State Bank of Pakistan and other regulatory authorities for their guidance and support, and to our employees for their dedication and professionalism.
On behalf of the Board of Directors,
Islam Zaib
Peshawar: March 06, 2026 Chairman
Directors' Report
On behalf of the Board of Directors, we are pleased to present the 35th Annual Report of the Bank of Khyber for the financial year ended December 31, 2025.
Financial Highlights
The financial highlights of the Bank are as under:
Rs. In Million
Operating Profit
11,401
Reversal of credit loss allowance/provisions and write offs- net
(881)
Profit before taxation
12,282
Taxation
6,466
Profit after taxation
5,816
Total assets
453,300
Advances - net
126,706
Investments- net
274,957
Deposits
378,123
Dividend Distribution
The Board considered and has recommended a final cash dividend at Rs. 1.70 per share i.e. 17% for the financial year ended December 31, 2025. This is in addition to the interim cash dividend of Rs. 1.50 per share paid for FY-2025 during the year. Accordingly, total dividend distribution for FY-2025 comes to Rs. 3.20 per share (For FY-2024: Rs. 1.7 per share).
Economic Review
During the year, Pakistan's economy continued a path of gradual recovery. GDP growth for fiscal year 2025 (ending June 2025) is estimated at approximately 3.0-3.1%, showing improvement from the prior year's level and signaling resilience in economic activity.
Despite the damaging floods in June 2025, the economy has maintained stability and Pakistan successfully completed the second review of the 37-month Extended Fund Facility IMF program and the first review of the Resilience and Sustainability Facility in October 2025. Third quarter (Q3) 2025 reported at 3.7% year-on-year in the latest official data, highlighting widening activity across several sectors.
Inflation also remained relatively contained during FY2025 and into FY2026 following a significant moderation in the previous fiscal year. Consumer Price Index (CPI) inflation stood at about 5.6% in December 2025, compared with 4.1% in December 2024, reflecting a return to more moderate price pressures after volatility in prior years. Food and essential
goods inflation eased, contributing to the overall moderation in headline inflation.
A stable currency environment, the high base effect from earlier years, and prudent monetary and fiscal policies helped anchor prices within a manageable range, allowing the State Bank of Pakistan (SBP) to maintain an accommodative stance at the year end.
Reflecting this outlook, SBP adjusted its monetary policy during the period: after a surprise 50 basis-point cut in December 2025, the policy rate was set at 10.5% and held unchanged in early 2026, balancing support for growth with price stability.
The equity market responded favorably to improving macroeconomic conditions and supportive policy expectations. The KSE 100 Index rallied strongly during 2025 and posted a remarkable 51.2% return for the year, closing at 174,054.
External sector stability indicators showed progress but remained mixed. While worker remittances remained an important source of foreign exchange, the current account position fluctuated, reflecting ongoing trade pressures and external financing dynamics.
Overall, 2025 represented a transition from sharp stabilization toward early-stage recovery, characterized by low inflation, continued monetary easing, a manageable external position, and sustained exchange rate stability.
Looking ahead, the economic outlook for FY2026 remains cautiously optimistic. Growth forecasts for the next fiscal year
are broadly anchored in the 3.5% - 4.5% range, contingent on continued structural reforms, fiscal discipline, and strong external buffers. Continued policy coordination and investment confidence will be key to sustaining momentum.
Performance Review
The Bank continued to advance its long-term, multi-faceted strategy in competitive market conditions, focusing on enhancing its technology-driven, innovative services for customers.
The Bank demonstrated healthy financial performance whereby the Bank's profit before tax was recorded at Rs. 12,282 million against Rs. 8,135 million in the previous year thereby registering a significant growth of 51% while due to lower effective tax charge for the year, profit after tax for the year increased by 61% and stood at Rs. 5,816 million against Rs. 3,615 million last year. This translates into earnings per share of Rs. 5.02 against Rs. 3.12 in 2024.
With a sizeable increase, the net mark-up / interest income during FY-2025 stood at Rs. 19,001 million as compared to Rs. 16,492 million in the corresponding year. This is reflective of Bank's effective portfolio management. Non-markup / interest income significantly increased to Rs. 4,125 million as compared to Rs. 1,778 million during the previous year. This includes impact of substantial gain on securities amounting to Rs. 2,330 million (2024: Rs. 177 million) earned during the year whereby Bank realized the capital gains on bond portfolio keeping in view the interest rate scenario.
Non-markup expenses increased by 11%, rising to Rs. 11,725 million in 2025 from Rs. 10,561 million in 2024. This growth reflects the expanded scale of the Bank's operations alongside necessary inflationary adjustments. These investments are specifically directed toward strengthening the Bank's operational efficiency and business capacity.
The Bank continued with its concerted recovery efforts against non-performing assets. As a result of this, there was a net reduction in the NPLs which stood at Rs. 12,530 million at the year-end as against Rs. 13,301 million as of December 31, 2024. Moreover, there was net reversal in provisions/ ECL amounting to Rs. 881 million as against Rs. 426 million reversal last year. This increase in reversals in provisions/ECL further supported the profitability of the Bank for 2025.
The asset base of the Bank at year-end reduced stood at Rs. 453,300 million as against Rs. 477,564 million as of December 31, 2024, mainly as result of reduction in investment and
advances. Investments (net) stood at Rs. 274,957 million as compared to Rs. 282,767 million as of December 31, 2024, while advances (net) stood at Rs. 126,706 million as against Rs. 146,882 million last year.
On the liabilities side, at the year-end, total deposits stood at Rs. 378,123 million in comparison with Rs. 277,642 million as of December 31, 2024. Borrowings of the Bank at the year-end stood at Rs. 35,698 million as against Rs. 133,532 million last year.
The Bank is maintaining an efficient capital base that provides a foundation for future growth as well as maintaining adequate buffers over regulatory requirements. The Bank's CAR as of December 31, 2025, stood at 20.15% (2024: 17.81%) providing a comfortable buffer against minimum regulatory requirement of 11.50%. The Common Equity Tier 1 (CET-1) ratio stood at 18.31% as of December 31, 2025 (2024: 15.67%) hence reflecting a strong capital base.
During the year, the Bank focused on consolidation along with selective expansion in its network to provide efficient banking services to valued customers. To meet the diverse needs of its clientele, the Bank is continuously strengthening both digital and traditional banking services across Pakistan.
During the year, the Bank achieved a major milestone of launching the physical Mastercard debit card of the Bank. With the launch of the Mastercard Debit Card, Bank has opened new doors for its customers to enjoy convenience, security, and access to global commerce. The partnership with Mastercard demonstrates Bank's commitment to providing cutting-edge financial solutions while continuing journey of digital transformation.
Special attention is being given to the Home Remittance business through expansion of the product suite and enhanced utilization of the Bank's digital banking platform. In this regard, during 2025, the Bank launched its home remittance service brand, "BOK KorPay aimed at strengthening its presence in this growing segment.
During 2025, the Bank has also initiated the process for its conversion from conventional to Islamic banking. In this regard, the Bank is fully committed and will be taking all necessary steps to achieve this strategic objective. This transformation aligns with the vision of the State Bank of Pakistan Vision 2028, which envisages the transition of Pakistan's conventional banking system into a Shariah-compliant framework.
Moreover, the Bank continues to play an active role in all Government and SBP initiatives aimed at improving the economic activities in the country and the province.
Future Outlook
The Bank remains vigilant of prevailing economic conditions and will continue to focus on sustaining growth momentum while maintaining strong asset quality and capital discipline. The cornerstone of the Bank's strategy will remain the enhancement of service quality standards and the delivery of state-of-the-art banking services through effective leverage of technology and a well-trained workforce. Efforts are also underway to tap new market segments and further improve efficiency and productivity across the Bank's operations.
The Bank will focus on enhancing revenue growth and profitability through cross-selling of financial products, organizational restructuring to realize synergistic benefits, strengthening of internal controls and operational frameworks, capacity building, improved customer service delivery, and optimization of the branch banking platform. Emphasis will also be placed on identifying cost rationalization opportunities and ensuring continuous advancement in automation and product innovation.
To further strengthen its financing portfolio, the Bank intends to expand lending to high-quality private sector clients, particularly those offering potential for ancillary business and trade finance opportunities. Priority sectors will include Consumer Financing, Agriculture, and SMEs to support economic development and stimulate business activity. The Bank will also focus on increasing trade volumes and expanding its footprint in cash management services.
After the year-end, SECP issued certificate of incorporation for the BOK Currency Exchange Company (Pvt.) Limited, a wholly owned exchange company of the Bank. In this respect, the Bank has also injected an amount of Rs. 1 billion as paid-up capital of the BOK exchange company. Moreover, on February 13, 2026, SBP issued in-principal approval to the exchange company for operationalization of the Exchange Company. This approval is valid for three months from the date of issuance. In this respect, necessary work is underway by the exchange company to complete the pre-requisites within the stipulated timeframe. After completing the requirements, the Exchange company will apply to SBP to obtain authorization to carry out the exchange business. This strategic initiative of the Bank is to diversify revenue streams, create operational synergies, and expand business outreach.
The Bank remains steadfast in its strategy of sustainable growth through diversification of products, services, and outreach. Continued focus will be placed on expanding the customer base, mobilizing a cost-effective deposit mix, and ensuring prudent lending practices to maintain stable profitability.
The Bank is confident that the strategic initiatives underway will position the Bank to achieve its objectives in the ensuing year and contribute meaningfully to its long-term growth and sustainability.
Risk Management Framework
The Bank remains committed to maintaining robust risk management standards, ensuring that all material risks are identified, measured, monitored, and controlled within the Board approved risk appetite and regulatory requirements. Risk management is embedded across all levels of the organization and supported by well defined governance structures, policies, delegated authorities, and reporting mechanisms..
Governance and Oversight
The Board of Directors has overall responsibility for oversight of the Bank's risk profile. The Board Risk Management Committee (BRMC) assists the Board in reviewing the adequacy and effectiveness of the risk management framework and monitoring compliance with the approved risk appetite. At the management level, the Management Risk Committee (MRC) oversees implementation of risk policies, monitors exposures, and ensures adherence to approved limits. Risk management functions operate independently of business units to provide objective oversight and challenge.
Specialized committees continue to provide focused oversight:
Head Office Credit Committees - reviewing credit proposals and risk assessment
Management Risk Committee (MRC) - overseeing overall risk exposure and controls
Assets and Liabilities Committee (ALCO) - monitoring balance sheet risks, market risks, and liquidity
Risk Management Structure
The Bank's risk management structure aligns with regulatory requirements and best practices in the industry, ensuring independence between risk management and business functions. Credit Risk Management has been further strengthened through bifurcation in the following divisions:
Corporate & Investment Risk Management Division -overseeing corporate and structured transactions.
Commercial, SME, Agricultural & Consumer Risk Management Division - managing Commercial, SME, agriculture, and consumer portfolios.
This structure enhances specialization, portfolio monitoring, and policy implementation, ensuring exposure remains within approved limits and risk parameters.
Enterprise Risk Management
The Enterprise Risk Management Division (ERMD) oversees market, liquidity, operational, environmental, and regulatory risks. ERMD formulates policies, monitors exposures against approved limits, and assesses risks associated with new products and initiatives. Operational risk is managed through frameworks including Risk and Control Self Assessments (RCSAs), Key Risk Indicators (KRIs), and an internal loss database. ERMD also oversees environmental and climate related risk management through a dedicated Environmental Risk Management function and Green Banking initiatives.
The Basel & Regulatory Reporting function within ERMD ensures compliance with capital and liquidity requirements, including calculation and submission of Expected Credit Loss (ECL), Capital Adequacy Ratio (CAR), Liquidity Coverage Ratio (LCR), and Net Stable Funding Ratio (NSFR).
Credit Risk and ECL Methodology
Credit risk is managed through Board approved policies, exposure monitoring, and continual borrower assessment. The Bank employs Customer Risk Rating (CRR) and Facility Risk Rating (FRR) models, supported by procedural guidelines and minimum standards. ECL is measured in accordance with IFRS 9 and SBP Prudential Regulations, incorporating Probability of Default (PD), Exposure at Default (EAD), and Loss Given Default (LGD). Forward looking macroeconomic indicators are integrated into ECL estimates, ensuring robust and forward looking provisioning.
During the year, the Bank achieved significant improvements in credit quality, reducing infected portfolio by the end of December 2025, with a major contribution from reduced NPLs. This resulted in a significant improvement in ECL charges, alongside policy enhancements and structural reforms.
Market, Liquidity, and Other Risks
Market risk is overseen by BRMC, MRC, and ALCO, with exposures monitored by the Market and Liquidity Risk Department. Stress testing is performed in line with SBP guidelines, and regulatory capital charges are calculated under Basel II/III. Liquidity risk is managed through a Board approved Liquidity Risk Management Policy, early warning indicators, and a Contingency Funding Plan. Regular stress testing supports proactive management actions.
Foreign exchange, equity position, and interest rate risks are managed within approved limits, supported by hedging strategies, mark to market valuations, and sensitivity analyses. Derivative exposures are limited in scope and managed primarily to support customer and treasury requirements, with risks controlled through counterparty limits, stress testing, and capital adequacy assessments.
Operational Risk
Operational risk is managed through a structured framework under ERMD, supported by Risk Nucleus (Governance, Risk, and Compliance) software for RCSAs, KRIs, and incident reporting. Stress testing covers scenarios including AML/CFT penalties, cybersecurity breaches, Shariah non compliance, and general operational losses. The Bank applies the Basic Indicator Approach (BIA) for regulatory capital charges under Basel II.
Environmental and Climate Risk (Green Banking)
The Bank has embedded environmental and climate risk management within its credit approval process through an Environmental Risk Management System (ERMS), including due diligence procedures, risk rating methodologies, and covenants. Initiatives to reduce the Bank's own environmental footprint include renewable energy adoption, digital banking solutions, and paperless operations. Financing support is extended to renewable energy and sustainable projects, aligning with SBP's Green Banking & ESRM guidelines.
Ongoing Enhancements
The Bank continues to strengthen its risk management framework through organizational refinements, diversification of functions, and investment in advanced systems. These initiatives reflect the Board's commitment to embedding automation, analytics, and sustainability into the Bank's risk practices. By aligning with evolving regulatory expectations and global best practices, the Bank ensures that its risk management capacity remains resilient, forward looking, and supportive of long term growth and stakeholder confidence.
Internal Controls
The Board of Directors has a fiduciary responsibility to ensure the existence of an adequate and effective system of internal controls for management and mitigation of multiple risks the Bank has to encounter. A Statement on Internal Controls is separately attached as part of the Annual Report which has been endorsed by the Board of Directors.
Board of Directors
The composition and details of the Board of Directors are disclosed in the Statement of Compliance and Corporate Information respectively. The composition of the Board Committees is also disclosed in the relevant section of the Annual Report.
The Board of Directors comprises nine (9) Directors (including MD & CEO) as per the following:
Male : Eight (8)
Female : One (1)
The composition of the Board as of December 31, 2025 is as follows:
Category
Name
Independent Directors
Syed Asad Ali Shah Mr. Tahir Jawaid
Muhammed Shahid Sadiq Mr. Abid Sattar
Ms. Natasha Jehangir Khan
Mr. Osman Asghar Khan
Non-Executive Directors
Mr. Ikramullah Khan (Government Nominee Ex-Officio)
Mr. Kamran Ahmed Afridi (Government Nominee Ex-Officio)
Executive Director
Mr. Hassan Raza (Managing Director)
Directors' attendance of meetings in 2025
Name of director
BOD-6
BAC-7
BHR&R-13
BIT-5
BCC-4
BRMC-5
Total
Ikramullah Khan
5
0
0
0
0
0
5
Amer Sultan Tareen
6
6
1
0
3
5
21
Kamran Ahmed Afridi
0
0
0
0
0
0
0
Abid Sattar
6
7
13
4
0
5
35
Tahir Jawaid
4
0
12
5
0
0
21
Syed Asad Ali Shah
6
7
0
5
0
0
18
Osman Asghar Khan
6
7
12
5
0
0
30
Muhammad Shahid Sadiq
6
7
1
3
4
5
26
Natasha Jehangir Khan
5
1
12
5
4
0
27
Hassan Raza
6
7
12
5
4
5
39
Nominated by the Government of Khyber Pakhtunkhwa (GoKP) under section 11 of the Bank of Khyber (Amendment) Act, 2022, fulfilling the criteria of Independent Directors. Mr. Abid Sattar joined the Board on January 26, 2023, and Ms. Natasha Jehangir Khan joined the Board on September 05, 2024. Mr. Osman Asghar Khan joined the Board on July 3, 2023, after getting clearance from State Bank of Pakistan.
Mr. Amer Sultan Tareen was replaced by Mr. Kamran Ahmed Afridi on December 05, 2025.
* Mr. Islam Zaib has taken over the charge of Additional Chief Secretary as well as Chairman Board of Directors of the Bank of Khyber from Mr. Ikramullah Khan on January 23, 2026.
Directors' Training Program
It is to be noted that Mr. Tahir Jawaid, Mr. Abid Sattar Mr. Muhammed Shahid Sadiq, Mr. Osman Asghar Khan and Mr. Hassan Raza have already completed their Director's Training programs. Syed Asad Ali Shah meets the exemption requirement of the Director's Training program.
Further, the Bank intends to arrange Director's Training program for Mr. Kamran Ahmed Afridi, Ms. Natasha Jehangir Khan and Mr. Islam Zaib at the earliest.
Annual Evaluation of the Board of Directors
The role, responsibilities, and functions of the Board of Directors are clearly defined under the applicable laws, rules, and regulatory framework. In line with regulatory requirements, the State Bank of Pakistan has issued comprehensive guidelines on the performance evaluation of the Board of Directors. These guidelines require that the Board undertake an annual evaluation of its overall performance, including that of its committees and individual directors. Additionally, the evaluation is required to be conducted by an external independent evaluator at least once every three years.
In compliance with these requirements, the Pakistan Institute of Corporate Governance (PICG) was engaged to conduct the external Board Evaluation for the year 2023. The annual performance evaluation for the year 2025 will be undertaken in due course in accordance with the prescribed regulatory framework.
Directors' Remuneration
Current Directors' remuneration stands at Rs. 200,000/- with remuneration of the Chairman at Rs. 250,000/- (net of taxes) paid to non-executive and independent directors on account of attending meetings of the Board / Board Committees
/ Board Special Committees. The Board of Directors had recommended in its 182nd meeting a post-facto approval of the shareholders. The shareholders in its thirty third Annual General Meeting held on March 29, 2024 approved the same.
A Directors' Travel, Accommodation and Remuneration Policy duly approved by the Board of Directors outlining entitlements and remuneration of Non-Executive and Independent Directors is in place. In light of the SBP Corporate Governance Regulatory Framework, the said Policy had been approved by the shareholders in 32nd Annual General Meeting.
Entity Rating
The Bank's profile continues to demonstrate resilience and upward momentum. We are pleased to report that in June-2025, VIS Credit Rating Company upgraded the Bank's entity rating to 'AA-' (Double A Minus) from 'A+', while reaffirming the short-term rating at 'A1' (A-One).
Furthermore, in June 2025, the Pakistan Credit Rating Agency (PACRA) has reaffirmed the Bank's long-term entity rating at 'A+' (Single A Plus) and the short-term rating at 'A1'. Both rating agencies have assigned a 'Stable' outlook to these ratings of the Bank.
Sustainability
The Bank is fully committed to implementing and enhancing sustainability governance frameworks. The board and its subcommittees ensure that policies of the Bank promote diversity, equity and inclusion (DE&I) and always encourages gender mainstreaming, gender equality and the participation of women. The Bank has taken various measures to proactively understand and address the principle as well as emerging sustainability risks and opportunities relevant to the business. The Bank also monitors its sustainability and DE&I related strategies, priorities and targets as well as performance against these targets are periodically reviewed and monitored. The Bank being an equal opportunity employer believes in providing equitable working opportunities for its male and female employee. The following gender pay gap data as of December 31, 2025 is reflective of the same:
Mean Gender Pay Gap - Bank Wide: 7.44% Median Gender Pay Gap - Bank Wide: 7.71%
To have effective review and monitoring at Board level, the Board has designated BRMC to oversee matters pertaining to Environmental, Social and Governance (ESG) and Sustainability Development Goals (SDGs). The Bank makes necessary disclosures to provide information about the core areas falling under sustainability.
Corporate Social Responsibility
At the Bank of Khyber, we persistently uphold our commitment to social responsibility, exemplified by our efforts to actively contribute to the betterment of the community and broader society. Recognizing that our business activities extend beyond mere financial profit, we acknowledge our obligation to exert a positive influence on society.
Consequently, our Corporate Social Responsibility (CSR) initiatives are prioritized, reflecting our dedication to fostering a harmonious, collaborative, and equitable society.
Through these initiatives, we strive to create a positive and lasting influence, fostering an environment where collaboration and mutual respect flourish for the betterment of all. In the year 2025, the bank undertook several Corporate Social Responsibility (CSR) initiatives covering a wide range of sectors, including education, sports, culture & heritage, tourism, women's empowerment, and environmental conservation. These CSR endeavors reflect our commitment to contributing to societal progress, and we are pleased to highlight some of the noteworthy initiatives we engaged in during this time:
Supported Akbar Kare Institute.
Sponsored 2nd KP Golf Championship.
Sponsored Theater on 5th February Kashmir Day.
Sponsored Laleeb Akhunzada, International Cholistan Desert Rally.
Sponsored Plantation & Beautification Drive at Judicial Complex Shahmansoor
Sponsored Sponsored Plantation Drive at BISE Mardan
Sponsored Sponsoring Peshawar Literary Festival
Sponsored Rashan Bags for Christmas & Easter.
Sponsored Peshawar Press Club Education Award Ceremony 2025.
Sponsored BOK Squash Talent Hunt Season 2
Supported International Conference on Sustainable Agriculture in Pakistan
Supported 8th Climate Change Adaptation Awards
Sponsored Sponsorship to International Livestock, Poultry & Fisheries Expo 2025
Supported 1st Edition of Pakistan Business Summit at Peshawar
Supported Sponsoring Mountain Institute for Education & Development Sciences
Sponsored Central Water Cooling Plant at Islamia College
Sponsored Business Fest 2025 IM Sciences
Sponsored Islamabad Women Cricket League
Sponsored Governor KP Kisan Awards 2025
Sponsored 1st Aitchison Hockey Tournament
Environmental Sustainability and Green Banking
During the year, the Bank further strengthened its commitment to sustainable and responsible banking in alignment with the State Bank of Pakistan's Green Banking Guidelines and evolving climate risk management expectations.
As part of its operational sustainability initiatives, the Bank expanded renewable energy adoption across its network. Sixteen (16) branches were fully operational on solar power as of year-end, while selected additional locations operated on hybrid energy solutions. These measures contributed to reduced reliance on grid electricity, improved energy efficiency, and enhanced operational continuity. Energy conservation protocols were reinforced across Head Office and branches through controlled lighting usage, HVAC optimization, deployment of energy-efficient equipment, and periodic monitoring of consumption patterns.
Digital banking continued to support environmental objectives. Growth in internet and mobile banking transactions during the year reduced paper-based processing and branch transactional load. Internal workflows were further digitized, leading to a measurable decline in paper consumption through e-statements, electronic approvals, and centralized digital documentation systems.
On the governance front, the Bank reviewed and strengthened its Green Banking Policy and Environmental & Social Risk Management (ESRM) Framework to enhance integration of environmental and social considerations within credit appraisal
and portfolio monitoring processes. A structured Green Banking Strategy was formalized, setting medium-term targets for sustainable finance expansion, improved climate risk identification, and enhanced reporting and oversight mechanisms.
The Bank also conducted awareness initiatives aligned with global environmental observances and implemented a "Global Warming and Green Awareness Campaign" to promote climate consciousness among employees and customers.
Green Financing Recognition
The Bank of Khyber was honored at the 8th Climate Change Adaptation Awards 2025 for its commitment to sustainability. Recognized for innovative green financing solutions, the Bank presented key initiatives and products that align with both national priorities and global sustainability benchmarks, securing a distinguished award for its contributions to green financing.
Green and Responsible Financing
Green and responsible financing remained a key pillar of the Bank's sustainability agenda. During 2025, BoK continued to support environmentally responsible projects across retail, SME, agriculture, and corporate segments through tailored financing solutions.
The Bank extended financing facilities for renewable energy projects, including solarization of commercial operations, SME units, agricultural infrastructure, and residential properties. Consumer financing for home solar systems gained further traction during the year, supporting transition toward clean energy adoption.
In line with its Green Banking Strategy, the Bank extended its E-Bike Murabaha Financing during 2025 to encourage environmentally friendly transportation alternatives.
The product was successfully launched and disbursed, contributing to reduced carbon-intensive commuting options.
BoK's green financing portfolio includes structured solutions such as:
Roshan Ghar
Solar Tube Well Loan Scheme
E-Bike Murabaha Financing
Rainwater Harvesting Loan Scheme
Irrigation Loan Scheme (Drip & Sprinkler Systems)
Raast Roshan Ghar
Raast Green Energy Financing
SBP Renewable Energy Refinance Schemes
Through these initiatives, the Bank continues to facilitate the transition from conventional energy dependence toward cleaner, resource-efficient alternatives while supporting sustainable economic growth.
The Bank remains committed to progressively expanding its green asset portfolio, strengthening environmental and social risk assessment practices, and contributing to Pakistan's broader climate resilience and sustainable development objectives.
Value of Investments in Employees Retirement Benefit Funds
Book Value of Investment of Provident Fund & Gratuity Fund as per un-audited accounts for the year ended December 31, 2025, are Rs.1,970 million and Rs.1,162 million respectively.
Pattern of Shareholding
The pattern and category of shareholding as of December 31, 2025 is annexed with the Annual Report.
18 BANK OF KHYBER ANNUAL REPORT 2025
The six years highlights of operating and financial data is appended below
2020
2021
2022
2023
2024
2025
Deposits
203,072
221,876
248,906
289,292
277,642
378,123
Advances (net)
129,063
124,549
127,515
101,588
146,882
126,706
Investments (net)
113,479
184,399
173,669
223,348
282,767
274,957
Total Assets
288,300
358,606
344,984
383,186
477,564
453,300
Capital & Reserves
16,605
16,219
16,657
20,177
20,223
22,318
Profit before Tax
3,806
1,680
920
6,702
8,135
12,282
Profit after Tax
2,152
1,104
455
3,481
3,615
5,816
Return on Equity
13.62%
6.72%
2.77%
18.96%
17.13%
25.52%
Earnings Per Share
Earnings per share for the year 2025 is Rs. 5.02.
External Auditors
The present Auditors M/s. PwC A.F. Ferguson & Co., Chartered Accountants, being eligible for reappointment offered themselves for reappointment. On recommendation of the Board Audit Committee, the Board of Directors has recommended to the shareholders the appointment of M/s. PwC A.F. Ferguson & Co., Chartered Accountants as Statutory Auditors of the Bank for the year ending December 31, 2026.
The statutory auditors of the Bank have confirmed that they have been given a satisfactory rating under the Quality Control Review program of the Institute of Chartered Accountants of Pakistan. Further, that the firm and all their partners are in compliance with International Federation of Accountants (IFAC) guidelines on Code of Ethics as adopted by the Institute of Chartered Accountants of Pakistan and meet the requirements for appointment under all applicable laws.
MRTs & MRCs and their Remuneration Structure
The list of Material Risk Takers (MRTs) Material Risk Controllers (MRCs) is periodically and regularly reviewed and decided by BHR&RC. The list includes all the positions reporting to the CEO and other positions who have been assigned a level of authority to take decisions. Each MRT & MRC has defined hierarchical structure and functional organogram. The Compensation Structure of MRTs & MRCs is periodically reviewed and recommended by BHR&RC to Board of Directors for approval. This structure aims to ensure an appropriate balance between variable and non-variable components of the remuneration, considering the positions appetite for risk taking and risk controlling nature, impact of the role on the business and level of responsibilities assigned by the Management/Board. Magnitude of the remuneration also depends on the performance of the MRTs/MRCs against financial and non-financial performance objectives and KPIs. The fixed portion of the remuneration of MRTs/MRCs is similar to the structure for other employees of the Bank having Basic salary, increment based on Performance rating and other allowances, and grade wise perks and privileges. The Structure of remuneration of MRTs/MRCs for variable pay is slightly different from other employees that it majorly depends on Bank's overall performance and achievement of assigned KPIs. Moreover, levels of MRTs & MRCs are also defined to fix the responsibilities and accountability. In addition, the structure has sufficient risk adjustment framework to safeguard the bank from taking unnecessary risk through bonus deferment and malus of provision policy. The individual reward of MRTs and MRCs can be triggered upward and downward based on its achievement level, impact of risk exposure, Customer Service delivery and level of internal and external compliances. The performance of the Tier-1 & Tier-2 MRTs/MRCs (Key positions) is assessed by BHR&RC/Board of Directors, and variable remuneration for all MRTs/MRCs is approved by the Board of Directors
on recommendation of BHR&RC. HRDG mostly uses external market data to ensure alignment of the remuneration structure with the industry to make it competitive to increase employee retention.
Service Quality
In this year of dynamic change, our guiding principle remained constant: to be more than just a financial institution for our customers. The Bank strived to be a trusted partner in their life's journey and during the year we deepened that trust, not only by enhancing our products and channels but by fundamentally improving how we connect with and serve every individual who walks through our doors or logs into our app. Following are the key pillars of the Bank's service quality:
Pillar 1: Designing a Seamless & Modern Customer Journey
We recognize that customer expectations are evolving, and our physical presence must evolve with them. This year, we accelerated the transformation of our branches into hubs of convenience and efficiency.
The Branch Experience: Our continued investment is redefining the in-branch experience. By standardizing layouts, optimizing traffic flows and utilizing digital onboarding for clear communication, we are creating an environment that is both calming and efficient. This modern setting, combined with our team's expertise, ensures that every visit is productive and positive. A robust pipeline for further branch upgrades is already in motion, bringing this enhanced experience to more communities nationwide.
Pillar 2: Fostering a Truly Inclusive Financial Landscape
For us, service excellence means ensuring that everyone, regardless of physical ability, can access banking services with dignity and independence. This year, we made significant strides in our accessibility infrastructure.
Banking for All: In full alignment with the State Bank of Pakistan's directives, we have proactively equipped our branches and Head Office with specialized ramps, wheelchairs, and designated pathways. Furthermore, the introduction of Braille-enabled stationery and specialized training for our staff on interacting with persons with disabilities are key milestones. We view this not as a compliance, but as a moral imperative, and we are committed to expanding these facilities until inclusivity is the hallmark of every BOK touchpoint.
Pillar 3: Proactive Service Management Through Insight
We believe that the best service is proactive, not reactive. In 2025, we moved beyond traditional metrics to implement a suite of initiatives designed to capture the complete customer sentiment and drive tangible improvements.
Closing the Insight-to-Action Loop:
Net Promoter Score (NPS) Integration: In 2025, we introduced the Net Promoter Score (NPS) as a key strategic metric. This initiative allows us to move beyond simple satisfaction and scientifically measure customer loyalty by identifying Promoters who actively recommend BOK, allowing us to strengthen our strengths, and Detractors, whose feedback helps us address pain points systematically.
Oversight and Fairness: The Fair Treatment of Consumers (FTC) continued its vital role, ensuring that customer interests are protected and that our practices are not just compliant, but fundamentally fair and transparent.
Demystifying Banking: To empower informed decisions, we have made Key Fact Statements as a necessary part of the account opening process. These documents cut through complexity, giving customers a clear, straightforward understanding of product features and costs.
Frontline Empowerment: We are investing heavily in our people through specialized Customer Service Excellence Trainings, focusing on empathy, effective communication, and skillful complaint resolution. Our staff are the face of our service, and their growth is our priority.
20 BANK OF KHYBER ANNUAL REPORT 2025
The strength of our service promise is best measured by how we handle challenges. Our Complaint Management Unit (CMU) is the nerve center of our accountability, dedicated to resolving issues with speed, transparency, and care. Every complaint is logged, tracked, and analyzed. This data is not just filed away; it is compiled into detailed reports shared with senior leadership, including the Managing Director, ensuring that customer feedback directly shapes our strategic priorities.
Customer Resolution Metrics 2025 Performance
Total Complaints Logged 43,035
Average Resolution Time 07 Days
As we look to the future, our dedication to service quality is unwavering. We will continue to leverage technology not for its own sake, but as a tool to create more human, helpful, and personalized banking experiences. With the rollout of our survey and the adoption of NPS in 2025, we have established a more sophisticated and responsive feedback ecosystem. By embedding these insights into our DNA and adhering to the highest standards of fair practice, The Bank of Khyber is building a foundation of lasting trust. We are not just committed to serving our customers; we are committed to their success.
Acknowledgement
On behalf of the Board of Directors, we take this opportunity to thank our valued customers for their patronage, to our employees for their continued commitment, our shareholders for their trust and confidence and the Provincial Government, State Bank of Pakistan and other regulatory bodies for their continued guidance and support.
On behalf of the Board of Directors
HASSAN RAZA
Managing Director
Peshawar: March 06, 2026
ISLAM ZAIB
Chairman
21
Statement on Internal Controls
Framework
An internal control system at The Bank of Khyber ("the Bank") comprises an integrated framework of interrelated components: control environment, risk assessment, control activities, information & communication, and monitoring. The system is designed to support operational effectiveness and efficiency, reliability of financial reporting, safeguarding of assets, and compliance with applicable laws and regulations.
While a properly designed and implemented system provides reasonable assurance against material misstatement or loss, it cannot eliminate all risks due to inherent limitations such as human error, collusion, resource constraints, and changing external conditions. Accordingly, the Bank maintains ongoing vigilance and continuous enhancement of its control environment to address evolving risks.
Governance and Oversight
The Bank has established a Board-approved internal control framework. Management bears primary responsibility for the design, implementation, and effective operation of the system. The Board of Directors provides oversight through its specialized committees:
Board Risk Management Committee (BRMC)
Board Audit Committee (BAC)
Board Compliance Committee (BCC)
These Committees conduct periodic reviews of the effectiveness of the control framework and oversee remediation of significant observations.
Three Lines of Defense (3LOD)
The Bank operates under the Three Lines of Defense (3LOD) model, which defines accountability across the organization:
First Line: Business and operational management functions responsible for identifying risks, implementing effective controls, and taking corrective actions within their respective areas.
Second Line: Risk Management, Compliance, and Shariah Compliance functions that provide oversight, conduct risk assessments (including RCSA and KRI monitoring), maintain regulatory compliance frameworks, and monitor remediation of identified gaps.
Third Line: The Internal Audit Group (IAG), operating independently in accordance with applicable professional standards, reports directly to the Board Audit Committee (BAC), which is chaired by an Independent Director and comprises a majority of Independent Directors. IAG provides objective assurance on governance, risk management, and internal controls and escalates significant findings for timely resolution. The BAC oversees the closure of significant observations in line with its Charter.
Internal Controls over Financial Reporting (ICFR)
The internal control framework is further strengthened through compliance with the State Bank of Pakistan's (SBP) Internal Controls over Financial Reporting (ICFR) directives. The Bank has completed all required implementation phases of ICFR.
Management conducts regular testing of financial reporting controls. Internal Audit independently revalidates management's assessment. External auditors issue an independent Long Form Report (LFR) covering ICFR, which is reviewed by the BAC. Identified deficiencies, where any, are tracked and remediated on a timely basis.
The Bank also maintains a structured document lifecycle management framework to ensure policies and procedures remain aligned with regulatory requirements and evolving risk exposures.
Management's Evaluation of Effectiveness:
Based on assessments conducted for the year ended December 31, 2025
- including ICFR testing, internal audit reviews, compliance assessments, and regulatory inspections - Management affirms that the Bank's internal control system is adequately designed, effectively implemented, and operating effectively to provide reasonable assurance regarding the achievement of its control objectives.
The Bank remains committed to continuous improvement of its control environment and to the timely resolution of observations raised by Internal Audit, external auditors, and the State Bank of Pakistan.
This Statement is issued in accordance with SBP Circular No. 07 of 2004 and OSED Circular No. 01 dated February 7, 2014. The Board of Directors has reviewed and endorsed Management's evaluation of internal controls, including Internal Controls over Financial Reporting (ICFR).
Review and Evaluation by the Board Audit Committee and the Board
The Board Audit Committee reviewed Management's Statement on Internal Control and noted that certain areas require further strengthening, for which corrective actions have already been initiated. Among these matters, the following areas have been identified for improvement:
The Board's annual evaluation has not been conducted on a timely basis. Appropriate steps are being undertaken to ensure that such evaluations are carried out regularly and within the prescribed timelines.
Board Committees, other than the Board Audit Committee, have not been conducting formal self-assessments. Going forward, all Board Committees will undertake periodic self-assessments and submit their reports to the Board.
HASSAN RAZA ISLAM ZAIB
Managing Director Chairman
Peshawar: March 06, 2026
Annual Report of Shariah Board
During 2025, Islamic banking consolidated its position as a key pillar of the global financial system, with Pakistan continuing to emerge as a significant driver of growth. According to the State Bank of Pakistan's (SBP) consolidated data for the quarter ended December 31, 2025, Islamic Banking Institutions achieved a historic milestone, with total assets surging past PKR 13 trillion. This momentum was underpinned by a robust year-on-year growth rate exceeding 27%, pushing the Islamic banking industry's share of the total banking system's assets to approximately 22.9%. By expanding its physical footprint to over 7,000 branches and windows nationwide, the sector has not only sustained its growth momentum but has fundamentally shifted the trajectory of financial inclusion within the national economy.
Against this backdrop of strong industry-wide growth, the Bank of Khyber (BOK), during 2025, undertook a comprehensive transformation of its conventional banking operations into a fully Shariah-compliant banking system. This strategic transformation was carried out in line with the State Bank of Pakistan's Strategic Plan (2021-2028) and the strategic direction approved by the Board of Directors.
During the year, BOK achieved significant milestones in its conversion journey by transforming 59 conventional branches into full-fledged Islamic branches and establishing
55 Islamic Banking Windows within convertible branches. This progress reflects a structured, phased, and well-governed approach toward achieving complete Shariah compliance. Throughout this transformation process, the Shariah Board (SB) has continued to play a pivotal role by providing oversight, guidance, and assurance to ensure that all products, processes, systems, and conversion initiatives remain fully compliant with Shariah principles. The SB remains committed to safeguarding the integrity of the Bank's Islamic banking operations and reinforcing stakeholder confidence in the Bank's transition.
As of year-end, the BOK - Islamic Banking operates through a dedicated nationwide network comprising 199 Islamic branches, 18 sub-Islamic branches, 11 Islamic banking booths, and 55 Islamic Banking Windows. These outlets operate independently from conventional banking operations to ensure strict adherence to Shariah principles. BOK-Islamic Banking offers a comprehensive range of Shariah-compliant products and services, including financing facilities, deposit products, and other Islamic banking solutions, designed to meet the diverse financial needs of customers in line with Islamic principles.
Shariah Governance and Compliance Structure of BOK
- Islamic Banking
Shariah compliance forms the foundation of Islamic financial institutions, ensuring that all operations, products, and transactions are conducted in strict accordance with Islamic law (Shariah). In line with this principle, the BOK's Islamic Banking operates under a robust Shariah governance framework, led by the Board of Directors and the Shariah Board, and supported by the Shariah Compliance Division (SCD) and the Internal Shariah Audit Department, all functioning under the overall supervision of the Shariah Board.
The SCD is responsible for reviewing all products, agreements, contracts, manuals, process flows, and operational procedures for Shariah compliance before SB approval. Following SB approval, the SCD ensures that all Islamic banking functions operate in accordance with the Bank's Shariah-approved policies through comprehensive pre- and post-implementation reviews under the supervision of the Resident Shariah Board Member (RSBM). The SCD also conducts regular research to provide recommendations to the SB for the enhancement and development of Islamic banking activities in line with market demand and regulatory requirements. In addition, it serves as the Secretariat to the SB, managing agendas, proposals, and records, and acting as a vital link between management and the SB to ensure the timely and effective implementation of Shariah directives.
The independent Internal Shariah Audit Department (ISAD) complements these functions by conducting periodic audits of policies, financing arrangements, operations, and investments, ensuring strict adherence to Shariah principles, SB directives, and regulatory requirements. These audits enhance governance, stakeholder confidence, and the integrity of Islamic Banking operations.
Innovation and product development are driven by the dedicated Product Development & Research Department, which designs Shariah-compliant deposit products, financing solutions, and targeted marketing strategies to expand the Bank's customer base and asset portfolio while upholding ethical and Shariah principles.
Continuous training and awareness form a key pillar of Shariah compliance. Comprehensive programs are provided to Islamic Banking staff and conventional banking teams,
Annual Report of Shariah Board
ensuring seamless transition to Shariah-compliant operations and consistent adherence to Shariah standards.
Together, the SCD, ISAD, and Product Development & Research Department operate under the supervision of the Shariah Board, ensuring that governance, operations, product innovation, and human capital development are fully aligned with Islamic Shariah principles and regulatory requirements.
Shariah Board Opinion on Islamic Banking Activities of the Year 2025
In accordance with the Shariah Governance Framework (SGF) issued by the SBP, the Board of Directors and Executive Management are ultimately responsible for ensuring that the operations of the BOK - Islamic Banking are conducted in conformity with Shariah principles. As part of the governance and accountability framework, the Shariah Board is required to provide its independent opinion on the overall Shariah compliance environment of BOK - Islamic banking.
In discharge of its responsibilities during the year 2025, the SB undertook the following:
Held four (4) meetings to deliberate and decide on Shariah-related matters pertaining to Islamic Banking operations. Additionally, two (2) joint meetings were conducted with the Board of Directors in compliance with the SGF requirements.
Reviewed and granted Shariah clearance to product programs and structures, procedure manuals, process flows, legal agreements, marketing materials, and other related documentation presented during the year.
Approved the annual plans of Shariah Compliance Review and Internal Shariah Audit to ensure adequate coverage of Islamic Banking activities.
Reviewed the findings of internal and external Shariah audits and compliance reviews, and advised appropriate corrective measures where required.
Reviewed and granted Shariah clearance for all financing cases, and issued appropriate Shariah procedures and guidance to mitigate the risk of Shariah non-compliance.
Reviewed periodic reports covering income and expense statements, pool management activities, and other
relevant operational matters, and provided guidance on Shariah-related issues referred by the management.
Participated in staff training programs organized by the Bank to enhance awareness and understanding of Shariah principles and the risks associated with Shariah non-compliance.
Contributed to public awareness initiatives aimed at strengthening stakeholders' confidence in the Bank's Islamic Banking operations.
Shariah Board's Opinion
Based on the information, explanations, reports, and representations provided to us, and subject to our review processes, we are of the opinion that:
The Islamic Banking operations of the BOK have, during the financial year ended 31 December 2025, complied with the Shariah rules and principles, as well as the directives, regulations, and guidelines issued by the Islamic Finance Group of SBP and the SB of the Bank.
An appropriate and comprehensive Shariah governance framework is in place, comprising an independent SB, SCD, ISAD, Shariah Review functions, full-time RSBM, and structured training arrangements in line with the SGF.
The profit distribution mechanism, allocation of funds, income and expense recognition, weightages, and related matters have been managed in accordance with the guidelines approved by the SB and are consistent with Islamic principles.
Any income identified as non-Shariah compliant has been transferred to the Charity Account in accordance with the approved Charity Policy, and the necessary disclosures have been made in the financial statements.
The overall level of Shariah compliance awareness, capacity, and commitment among staff and management remained satisfactory during the year. The SB, however, recommends the development of a comprehensive annual Islamic Banking training plan to further strengthen knowledge and ensure continued compliance with regulatory expectations.
The SB has been provided with adequate resources and support to effectively discharge its responsibilities.
The SB further recommends that the Bank continue to expedite the conversion of its remaining conventional operations to achieve its objective of becoming a fully-fledged Islamic bank. During this transition, strict adherence to Shariah principles across products, processes, systems, and infrastructure must be maintained, while continuously strengthening governance, controls, and staff capacity.
Conclusion
Based on the well-structured Shariah Compliance framework, ongoing monitoring, periodic audits & regular Review, and continuous improvement to adapt to changes in Shariah principles & regulatory requirements, and comprehensive policies/guidelines for Shariah compliance issued by Islamic Banking-BOK, we believe that a robust mechanism is in place to ensure Shariah compliance in the overall operations of Islamic Banking-BOK in the Bank of Khyber.
May Allah
bless us with the best Tawfeeq to accomplish His cherished tasks, make us successful in this world and in the life hereafter, and forgive our mistakes.Qazi Abdul Samad
RSBM
MuŁi Abdul Wahab
Member Shariah Board
MuŁi Muhammad Arif Khan
Member Shariah Board
MuŁi Muhammad Zahid
Chairman Shariah Board
(ﮯﯾﻟ ﮯﮐ 2025 لﺎﺳ)
ﮭﺗﺎﺳ ﮯﮐ ﮯﻧرﮐ مﮑﺣﺗﺳﻣ دﯾزﻣ نﺷﯾزوﭘ ﯽﻧﭘا ںﯾﻣ ٹﯾﮐرﺎﻣ ﯽﺗﺎﯾﻟﺎﻣ ﯽﻣﻟﺎﻋ ﮯﻧ مﺎظﻧ یرﺎﮑﻧﯾﺑ ﯽﻣﻼﺳا ںﯾﻣ 2025 لﺎﺳ ہﺗﺷزﮔ
ﯽﮨﺎﻣ ہﺳ ﯽﻟاو ﮯﻧوﮨ مﺗﺧ وﮐ 2025 رﺑﻣﺳد 31 ۔ﺎﯾﮐ ادا رادرﮐ روط ﮯﮐ کرﺣﻣ مﮨا ﮏﯾا ںﯾﻣ ﯽﻗرﺗ ﯽﮐ نﺎﺗﺳﮐﺎﭘدادادﺧ تﮑﻠﻣﻣ ﮭﺗﺎﺳ
ﮓﻧﺳ ﯽﺧﯾرﺎﺗ ﮏﯾا ﮯﻧ ںورادا ﮓﻧﮑﻧﯾﺑ ﯽﻣﻼﺳا ،قﺑﺎطﻣ ﮯﮐ رﺎﻣﺷ و دادﻋا طوﺑرﻣ ﮯﮐ (SBP) نﺎﺗﺳﮐﺎﭘ فآ ﮏﻧﯾﺑ ٹﯾﭨﺳا ﮯﯾﻟ ﮯﮐ
رﮐ زوﺎﺟﺗ ﮯﺳ ٪27 رﺎﺗﻓر ﯽﮐ وﻣﻧ حرﺷ راو ہﻠﺳﻠﺳ۔ ںﯾﮨ ﮯﮑﭼ رﮐ زوﺎﺟﺗ ﮯﺳ ﮯﭘور نﯾﻠﯾرﭨ 13 ﮯﺛﺎﺛا لﮐ ﮯﮐ سا ،ﺎﯾﮐ روﺑﻋ لﯾﻣ
رﮭﺑ ﮏﻠﻣ ۔ﺎﯾﺎﭼﻧﮩﭘ ﮏﺗ ٪22.9 ﺎﺑﯾرﻘﺗ ہﺻﺣ ﺎﮐ تﺎﺟ ہﺛﺎﺛا ﮯﮐ یرﭨﺳڈﻧا یرﺎﮑﻧﯾﺑ ﯽﻣﻼﺳا ںﯾﻣ مﺎظﻧ یرﺎﮑﻧﯾﺑ یروﭘ ﮯﻧ سﺟ ،ﯽﺋﮔ
لﺑﺎﻗ هدﺷ لﺻﺎﺣ ﮯﺳ سا ہﮑﻠﺑ ﺎﯾﺎھڑﭼ ناورﭘ وﮐ صﺧﺷﺗ ﮯﻧﭘا فرﺻ ہﻧ ہﻌﯾرذ ﮯﮐ زوڈﻧو روا ںوﺧﺎﺷ دﺋاز ﮯﺳ 7,000 ںﯾﻣ
ﯽﻣوﻗ ہﮑﻠﺑ ﮯﮨ ﺎﮭﮐر راوﺗﺳاوﮐ رﺎﺗﻓر ﯽﮐ ﯽﻗرﺗ ﯽﻧﭘا فرﺻ ہﻧ ﮯﻧ ﮯﺑﻌﺷ سا ﮯﺳ ہﺟو ﯽﺳا ۔ ﺎﯾاوﻧﻣ ﺎﮨوﻟ ﺎﻧﭘا ﮯﻌﯾرذ ﮯﮐ ﺞﺋﺎﺗﻧ ردﻗ
۔ﮯﮨ ﺎﯾﮐ ﺎﭘرﺑ بﻼﻘﻧا ﯽﮭﺑ ںﯾﻣ ﮯﺗﺳار ﮯﮐ تﯾﻟوﻣﺷ ﯽﺗﺎﯾﻟﺎﻣ ںﯾﻣ ےرﺎھد ﮯﮐ تﺷﯾﻌﻣ
وﮐ تﻼﻣﺎﻌﻣ یرﺎﮑﻧﯾﺑ ﯽﺗﯾاور ﮯﻧﭘا نارود ﮯﮐ 2025 ﮯﻧ (BOK) رﺑﯾﺧ فآ ﮏﻧﯾﺑ ، ںﯾﻣ رﻔﺳ طوﺑﺿﻣ سا ﮯﮐ یرﭨﺳڈﻧا ﮓﻧﮑﻧﯾﺑ
-2021) نﻼﭘ ﮏﺟﭨﯾرﭨﺳا ﮯﮐ نﺎﺗﺳﮐﺎﭘ فآ ﮏﻧﯾﺑ ٹﯾﭨﺳا ﯽﻠﯾدﺑﺗ ﮏﺟﭨﯾرﭨﺳا ہﯾ ۔ ﺎﯾﮐ ﮓﻧﮨآ مﮨ ﮯﺳ یرﺎﮑﻧﯾﺑ ﯽﻣﻼﺳا رﭘ روط لﻣﮑﻣ ۔ ﯽﮭﺗ لﯾﻣﻌﺗ ﯽﮐ تﺎﯾادﮨ ﮏﺟﭨﯾرﭨﺳا هدﺷ روظﻧﻣ ﯽﮐ زرﭨﮑﯾرﺋاڈ فآ ڈروﺑ روا (2028
ںﯾﻣ زﭼﻧارﺑ ﯽﻣﻼﺳا لﻣﮑﻣ زﭼﻧارﺑ ﯽﺗﯾاور 59 ہﭼﻧﺎﻧﭼ ۔ ﮯﺋﮐ روﺑﻋ لﯾﻣ ﮓﻧﺳ مﮨا تﮩﺑ ںﯾﻣ رﻔﺳ ساﮯﮐ ﯽﻠﯾدﺑﺗ ﮯﻧ ﮏﻧﯾﺑ رﺑﯾﺧ
ﮯﺋﻟ ﮯﮐ لﯾﻣﻌﺗ ﯽﮐ ںوﻟوﺻا ﯽﻋرﺷ تﻓر شﯾﭘ رﺗ مﺎﻣﺗ ہﯾ ۔ںﯾﮐ مﺋﺎﻗ زوڈﻧو ﮓﻧﮑﻧﯾﺑ ﯽﻣﻼﺳا 55 ںﯾﻣ زﭼﻧارﺑ لﺑﯾﭨروﻧﮐ روا ﮯﺋﮐ لﯾدﺑﺗ
یڑﮐ ﮯﻧ ڈروﺑ ہﻌﯾرﺷ ﮯﮐ ﮏﻧﯾﺑ ںﯾﻣ لﻣﻋ سا ﮯﮐ ﯽﻠﯾدﺑﺗ ۔ﮯﮨ ﯽﺗرﮐ ﯽﺳﺎﮑﻋ ﯽﮐ قﯾﺑطﺗ ہﺟرد ہﺑ ہﺟرد روا یدﻧﺑ ہﺑوﺻﻧﻣ مظﻧﻣ
یرﺎﮑﻧﯾﺑ ،سﭨﮐڈارﭘ مﺎﻣﺗ ﮯﮐ ﮏﻧﯾﺑ ہﮐﺎﺗ ﮯﮨ ﺎﯾﮐ ادا رادرﮐ مﮨا ﺎﻧﭘا ںﯾﻣ ﮯﻧﺎﻧﺑ ﯽﻧﯾﻘﯾ وﮐ ںوﻟوﺻا ﯽﻋرﺷروا ،ﯽﺋﺎﻣﻧﮨر تﻗورﺑ ،ﯽﻧارﮕﻧ
ﯽﻋرﺷ رﯾﻏ وﮐ تﻼﻣﺎﻌﻣ یرﺎﮑﻧﯾﺑ ﯽﻣﻼﺳا ﯽﮐ ﮏﻧﯾﺑ ، ڈروﺑ ہﻌﯾرﺷ ہﮑﻧوﯾﮐ ﮯﮨر قﺑﺎطﻣ ﮯﮐ تﻌﯾرﺷ وﻠﮩﭘ رﮨ ﺎﮐ ﯽﻠﯾدﺑﺗ روا ،مﺎظﻧ
ﮯﻧرﮐ لﺎﺣﺑ روا طوﺑﺿﻣ وﮐ دﺎﻣﺗﻋا ﮯﮐ زرڈﻟوﮨ ﮏﯾﭨﺳا رﭘ صﺧﺷﺗ ﮏﻧﯾﺑ ﯽﻣﻼﺳا روطﺑ ﮯﮐ ﮏﻧﯾﺑ رﺑﯾﺧ روا ﮯﻧرﮐ کﺎﭘ ﮯﺳ روﻣا
۔ﮯﮨ مزﻋرﭘ ﮯﯾﻟ ﮯﮐ
سﺟ ﮯﮨ ﺎﮨر ےد مﺎﺟﻧارﺳ تﺎﻣدﺧ ﯽﻧﭘا تﺣﺗ ﮯﮐ کرو ٹﯾﻧ رﯾﮔ ﮏﻠﻣ مظﻧﻣ ﮏﯾا ﮓﻧﮑﻧﯾﺑ ﮏﻣﻼﺳا ﮏﻧﯾﺑ رﺑﯾﺧ ،ﮏﺗ مﺎﺗﺗﺧا ﮯﮐ لﺎﺳ
تﻣدﺧ ِ فورﺻﻣ زوڈﻧو ﮓﻧﮑﻧﯾﺑ ﯽﻣﻼﺳا 55 روا ،ﮭﺗوﺑ ﮓﻧﮑﻧﯾﺑ ﯽﻣﻼﺳا 11 ،ںﯾﺧﺎﺷ ﯽﻣﻼﺳا ﯽﻠﯾذ 18 ،ںﯾﺧﺎﺷ ﯽﻣﻼﺳا 199 ںﯾﻣ
رﭘ ںوﻟوﺻا ﮯﮐ تﻌﯾرﺷ ہﮐﺎﺗ ںﯾﮨ ﯽﺗرﮐ مﮨارﻓ تﺎﻣدﺧ دازآ لﮑﻟﺎﺑ ﮯﺳ زﻧﺷﯾرﭘآ ﮓﻧﮑﻧﯾﺑ ﯽﺗﯾاور ہﺟورﻣ تﺎﺟ ہﺑﻌﺷ مﺎﻣﺗ ہﯾ ۔ںﯾﮨ
ﮯﮐ تﻌﯾرﺷ وﮐ ںورﺎﮐ ہﯾﺎﻣرﺳ روا زرﭨزﺎﭘﯾڈ ﮯﻧﭘا تﺣﺗ ﮯﮐ ﮓﻧﮑﻧﯾﺑ ﮏﻣﻼﺳا ﮏﻧﯾﺑ رﺑﯾﺧ ۔ﮯﮑﺳ ﺎﺟ ﺎﯾﺎﻧﺑ ﯽﻧﯾﻘﯾ وﮐ لﻣﻋ ﮯﺳ ﯽﺗﺧﺳ
ﯽﻣﻼﺳا رﮕﯾد روا سﭨﮐڈارﭘ ٹزﺎﭘڈ ،تﺎﯾﻟوﮩﺳ ﯽﺗﺎﯾﻟﺎﻣ ںﯾﻣ نﺟ ،ﮯﮨ ﺎﺗرﮐ شﯾﭘ ﺞﻧﯾر ﻊﯾﺳو ﮏﯾا ﯽﮐ تﺎﻣدﺧ روا ،سﭨﮐڈارﭘ قﺑﺎطﻣ
ﯽﻟﺎﻣ عوﻧﺗﻣ ﯽﮐ نﯾﻓرﺎﺻ ہﮑﻠﺑ ںﯾﮨ قﺑﺎطﻣ ﮯﮐ ںوﻟوﺻا ﯽﻣﻼﺳا فرﺻ ہﻧ وﺟ ،ںﯾﮨ لﻣﺎﺷ لﺣ ﮯﻟاو ﮯﻧوﮨ دﯾﻔﺗﺳﻣ ﮯﺳ ﮓﻧﮑﻧﯾﺑ ۔ ںﯾﮨ ﮯﺗرﮐ یروﭘ وﮐ تﺎﯾرورﺿ
: ںﯾﻣ ﮯﻧﯾﺋآ ﮯﮐ تﻌﯾرﺷ مﺎظﻧ ﯽﻠﻣﻋ ﺎﮐ یرﺎﮑﻧﯾﺑ ﯽﻣﻼﺳا ﯽﮐ ﮏﻧﯾﺑ رﺑﯾﺧ
ہﮐ ﮯﮨ ﯽﺗﺎﻧﺑ ﯽﻧﯾﻘﯾ وﮐ تﺎﺑ سا وﺟ ، ﮯﮨ ﯽﺗﮭﮐر ٹﯾﺛﯾﺣ ﯽﮐ یڈﮨ ﯽﮐ ھڑﯾر ںﯾﻣ ںورادا ﯽﺗﺎﯾﻟﺎﻣ ﯽﻣﻼﺳا یرادﺳﺎﭘ ﯽﮐ ںوﺿﺎﻘﺗ ﯽﻋرﺷ
لوﺻا سا ۔ںﯾﺋﺎﺟ ﮯﯾد مﺎﺟﻧا تﺣﺗ ﮯﮐ نوﻧﺎﻗ ﯽﻣﻼﺳا تﻼﻣﺎﻌﻣ روا سﭨﮐڈارﭘ ، ںﺎﯾراد ہﻣذ مﺎﻣﺗ ﯽﻟاو ﮯﻧﺎﺟ ﯽﮐ ادا ردﻧا ﮯﮐ ﮏﻧﯾﺑ
فآ ڈروﺑ تدﺎﯾﻗ ﯽﮐ سﺟ ،ﮯﮨ ﯽﺗرﮐ مﺎﮐ تﺣﺗ ﮯﮐ کرو مﯾرﻓ سﻧﻧروﮔ ہﻌﯾرﺷ طوﺑﺿﻣ ﮏﯾا یرﺎﮑﻧﯾﺑ ﯽﻣﻼﺳا ﯽﮐ ﮏﻧﯾﺑ رﺑﯾﺧ تﺣﺗ ﮯﮐ
لﺻﺎﺣ نوﺎﻌﺗ ﺎﮐ ٹﻧﻣﭨرﺎﭘﯾڈ ٹڈآ ہﻌﯾرﺷ لﻧرﭨﻧا روا نژﯾوڈ سﻧﺋﻼﭘﻣﮐ ہﻌﯾرﺷ ﮯﺳﺟ روا ، ﮯﮨ سﺎﭘ ﮯﮐ ڈروﺑ تﻌﯾرﺷ روا زرﭨﮑﯾرﺋاڈ
۔ںﯾﮨ ﮯﺗﯾد مﺎﺟﻧارﺳ لﺎﻌﻓا ﮯﻧﭘا ﮯﻧﭘا ںﯾﻣ ﯽﻧارﮕﻧ ﯽﻋوﻣﺟﻣ ﯽﮐ ڈروﺑ ہﻌﯾرﺷ سﭨﻧﻣﭨرﺎﭘڈ بﺳ ہﯾ ،ﮯﮨ
نژﯾوڈ سﻧﺋﻼﭘﻣﮐ ہﻌﯾرﺷ
زرﺟﯾﺳورﭘ،زﻠﺋوﻧﯾﻣ ،ںودﮨﺎﻌﻣ ،دوﻘﻋ ،سﭨﮐڈارﭘ مﺎﻣﺗ قﻠﻌﺗﻣ ﮯﺳ تﻼﻣﺎﻌﻣ و دوﻘﻋ ﯽﻋرﺷ نژﯾوڈ سﻧﺋﻼﭘﻣﮐ ہﻌﯾرﺷ ںﯾﻣ ﮏﻧﯾﺑ رﺑﯾﺧ
ﮯﻠﮩﭘ ﮯﺳ سا ،ﮯﮨ راد ہﻣذ ﺎﮐ ﮯﻧﯾﻟ هزﺋﺎﺟ ﺎﮐ رﺎﮐ ہﻘﯾرط ﮯﮐ لﺎﻣﻌﺗﺳا ﮯﮐ سا روا تازﯾوﺎﺗﺳد مﺎﻣﺗ قﻠﻌﺗﻣ ﮯﺳ رﺎﮐ ہﻘﯾرط ﯽﻠﻣﻋ روا
ﯽﮭﺑوﮐ نژﯾوڈ سﻧﺋﻼﭘﻣﮐ ہﻌﯾرﺷ ﮯﺋﻟ ﮯﮐ هروﺷﻣ روا ﯽﻧﺎﺛرظﻧ ﯽﻋرﺷ ءﺎﯾﺷا هروﮐذﻣ ہﯾ ےد یروظﻧﻣ ﯽﮐ رﻣا ﯽﺳﮐ ڈروﺑ ہﻌﯾرﺷ ہﮐ
یرﺎﮑﻧﯾﺑ ﯽﻣﻼﺳا ہﮐ ﮯﮨ ﺎﺗﺎﻧﺑ ﯽﻧﯾﻘﯾ وﮐ تﺎﺑ سا نژﯾوڈ سﻧﺋﻼﭘﻣﮐ ہﻌﯾرﺷ ،دﻌﺑ ﮯﮐ یروظﻧﻣ ﯽﮐ ڈروﺑ ہﻌﯾرﺷ ۔ ںﯾﮨ ﮯﺗﺎﺟ ﮯﺋﮐ شﯾﭘ
مﺎﺟﻧارﺳ ںﯾﻣ ﯽﻧﺷور ﯽﮐ تﺎﯾادﮨ روا ںوﻟوﺻا هدرﮐ روظﻧﻣ ﮯﮐ رﺑﻣﻣ ڈروﺑ ہﻌﯾرﺷ ﯽﺗﻗو لﮐ روا ڈروﺑ ہﻌﯾرﺷ لﺎﻌﻓأ ہﻠﻣﺟ قﻠﻌﺗﻣ ﮯﺳ
ﺎﺗرﮐ ﯽﮭﺑ قﯾﻘﺣﺗ ﯽﮩﻘﻓ روا ﯽﻋرﺷ هدﻋﺎﻗﺎﺑ ٹﻧﻣﭨرﺎﭘﯾڈ چرﺳﯾر ہﻌﯾرﺷ دوﺟوﻣ ںﯾﻣ نژﯾوڈ سﻧﺋﻼﭘﻣﮐ ہﻌﯾرﺷ ہﮐ ہﯾ دﯾزﻣ ۔ںﯾﺋﺎﺟ ﮯﯾد
،ںﯾﮑﺳ ﺎﺟ ﯽﮐ مﮨارﻓ تﺎﺷرﺎﻔﺳ ﮯﯾﻟ ﮯﮐ ﯽﻗرﺗ روا یرﺗﮩﺑ ﯽﮐ ںوﯾﻣرﮔرﺳ یرﺎﮑﻧﯾﺑ ﯽﻣﻼﺳا ﯽﮐ ﮏﻧﯾﺑ رﺑﯾﺧ وﮐ ڈروﺑ ہﻌﯾرﺷ ہﮐﺎﺗ ﮯﮨ
ﮯﺋﻟ ﮯﮐ ڈروﺑ ہﻌﯾرﺷ ، نژﯾوڈ سﻧﺋﻼﭘﻣﮐ ہﻌﯾرﺷ ،هوﻼﻋ ﮯﮐ سا ۔ںوﮨ قﺑﺎطﻣ ﮯﮐ تﺎﯾرورﺿ یرﭨﯾﻟوﮕﯾر روا بﻠط ﯽﮐ ٹﯾﮐرﺎﻣ وﺟ
ٹروپر ہنالاس یک ڈروب ہعیرش
زﯾﻧ، هرﯾﻏو ﺎﻧﮭﮐرزڈرﺎﮑﯾر ﺎﮐ ںوﻠﺻﯾﻓ مﮨا
روا ،تﺎﺷرﺎﻔﺳ، یرﺎﯾﺗ ﯽﮐ ںوڈﻧﺟﯾا ً ﻼﺛﻣ
،ﮯﮨ ﺎﺗرﮐ
مﮨارﻓ تﺎﻣدﺧرﭘ روط ﮯﮐ ٹﯾرﭨرﮑﯾﺳ
روا تﻗورﺑ ﮯﮐ تﺎﯾادﮨ ﯽﮐ ہﻌﯾرﺷ ہﮐﺎﺗ ﮯﮨ ہﺑﻌﺷ رﺎﮐ ہطﺑار
ﮏﯾا نﺎﯾﻣرد ﮯﮐ
ڈروﺑ ہﻌﯾرﺷروا ہﯾﻣﺎظﺗﻧا
، نژﯾوڈ سﻧﺋﻼﭘﻣﮐ ہﻌﯾرﺷ
۔ﮯﮑﺳ ﺎﺟ ﺎﯾﺎﻧﺑ ﯽﻧﯾﻘﯾ وﮐ ذﺎﻔﻧ رﺛؤﻣ
ٹﻧﻣﭨرﺎﭘﯾڈ ٹڈآ ہﻌﯾرﺷ لﻧرﭨﻧا
یرﺎﺟروا ﮯﮨ ﺎﺗرﮐ مﮨارﻓ ٹروﭘﺳ دﯾزﻣ ںﯾﻣ ﯽﻧارﮕﻧ ہﻌﯾرﺷ
وﺟ ﮯﮨ دوﺟوﻣ ﯽﮭﺑ ٹﻧﻣﭨرﺎﭘﯾڈ ٹڈآ
ہﻌﯾرﺷ لﻧرﭨﻧا لﻘﺗﺳﻣ
ںﯾﻣ ﮏﻧﯾﺑ
ںوﻟوﺻا ﯽﻋرﺷ
ہﮐﺎﺗ،ﮯﮨ ﺎﺗرﮐ ٹڈآ ﺎًﺗﻗوﻓ ﺎًﺗﻗو ﯽﮐ
ںوﺑﻌﺷ یرﺎﮐ ہﯾﺎﻣرﺳ روا ،زﻧﺷﯾرﭘآ ، ںوﺑوﺻﻧﻣ ﯽﺗﺎﯾﻟﺎﻣ ،ںوﯾﺳﯾﻟﺎﭘ ﮯﻟاو ﮯﻧوﮨ
ﯽﮐ روﻣأ ﯽﻣﺎظﺗﻧا ﮯﺳ سﭨڈآ نا ۔ﮯﮑﺳﺎﻧﺑ ﯽﻧﯾﻘﯾ وﮐ یدﻧﺑﺎﭘ ﮯﺳ ﯽﺗﺧﺳ ﯽﮐ ںوﺿﺎﻘﺗ یرﭨﯾﻟوﮕﯾر روا تﺎﯾادﮨ ﯽﮐ ڈروﺑ ہﻌﯾرﺷ روا
۔ ﮯﮨ ﺎﺗوﮨ ہﻓﺎﺿا ںﯾﻣ رﺎﻗو ﯽﮐ ﮓﻧﮑﻧﯾﺑ ﯽﻣﻼﺳا روا ،دﺎﻣﺗﻋا ﮯﮐ زرڈﻟوﮨ ﮏﯾﭨﺳا ،ﯽﮔدرﮐرﺎﮐ
ٹﻧﻣﭨرﺎﭘﯾڈ چرﺳﯾر روا ٹﻧﻣﭘﻟوﯾڈ ٹﮐڈورﭘ
ٹﮐڈورﭘ صوﺻﺧﻣ ﮯﺋﻟ ﮯﮐ ﮯﻧﻻ شﺷﮐ روا تدﺟ دﯾزﻣ ںﯾﻣ سا روا یرﺎﯾﺗ ﯽﮐ سﭨﮐڈارﭘ ﮯﻟاو ﮯﻧوﮨ لﺎﻣﻌﺗﺳا ںﯾﻣ یرﺎﮑﻧﯾﺑ ﯽﻣﻼﺳا
ﮓﻧﭨﯾﮐرﺎﻣ هدﺷ فدﮨ
روا یرﺎﮐ ہﯾﺎﻣرﺳ ،سﭨزﺎﭘڈ
ںﯾﻣ ﯽﻧﺷور ﯽﮐ تﺎﯾادﮨ
ﯽﻋرﺷ وﺟ
ﮯﮨ دوﺟوﻣ
ٹﻧﻣﭨرﺎﭘﯾڈ چرﺳﯾر روا ٹﻧﻣﭘﻟوﯾڈ
ﯽﺗﺎﯾﻟﺎﻣ روا دوﻘﻋ ہﻘﻠﻌﺗﻣ ﮯﺳ ﮓﻧﺳﻧﺎﻧﺋﺎﻓ روا وﮨ ہﻓﺎﺿا ںﯾﻣ دادﻌﺗ ﯽﮐ نﯾﻓرﺎﺻ
فرﺻ ہﻧ ﮯﮐ ﮏﻧﯾﺑ ہﮐﺎﺗ ﮯﮨ ﺎﺗرﮐرﺎﯾﺗ وﮐ
ںوﺑوﺻﻧﻣ
وﮐ یرادﺳﺎﭘ ﯽﮐ
ںوﻟوﺻا ﮯﮐ تﻌﯾرﺷ روا رادﻗا
ﯽﻗﻼﺧا
ںﯾﻣ سا ہﮑﻠﺑ
ںﯾﮑﺳ ﺎﺟ ﮯﺋﮐ مﮨارﻓ وﮐ ماوﻋ
عاوﻧأ عوﻧﺗﻣ ﯽﮐ تﺎﯾﻟوﮩﺳ ۔ﮯﮑﺳ ﺎﺟ ﺎﮭﮐر رارﻗرﺑ
ںﯾﻣ مﺎظﻧ ےروﭘ ہﮐﺎﺗ ںﯾﮩﻧ نﮑﻣﻣ رﺎﮑﻧا ﮯﺳ ترورﺿ ﯽﮐ ﯽﮨﺎﮔآ تﻗورﺑ روا ﺎﻧرﮐ سﺎﻧﺷور ﮯﺳ ںوﻟوﺻا یرﺎﮑﻧﯾﺑ ﯽﻣﻼﺳا وﮐ ہﻠﻣﻋ
روا یرﺎﮑﻧﯾﺑ ﯽﻣﻼﺳا
ﮯﺋﻟ ﮯﮐ دﺻﻘﻣ سا۔ ﮯﺋﺎﺟوﮨ ہﻧ مارﺣ ﺎﯾ ﯽﻋرﺷ رﯾﻏ ہﻠﻣﺎﻌﻣ ﯽﺋوﮐ روا وﮨ ہﻧ فارﺣﻧا ﮯﺳ
ںوﻟوﺻا ﯽﻋرﺷ
ےروﭘ ﮯﮐ یرﺎﮑﻧﯾﺑ ﯽﻣﻼﺳا
ہﮐﺎﺗ ،ںﯾﮨ ﮯﺗﺎﺟ ﮯﯾﮐ مﮨارﻓ زﮕﻧﻧﯾرﭨ روا مارﮔورﭘ ﯽﺗﯾﺑرﺗ فﻠﺗﺧﻣ ﮯﺋﻟ ﮯﮐ ﮯﻠﻣﻋ ﮯﮐ
ﮓﻧﮑﻧﯾﺑ ﯽﺗﯾاور
ںﯾﮑﺳﺎﻧﺑ
ﯽﻧﯾﻘﯾ
یرادﺳﺎﭘ ﯽﮐ ںوﻟوﺻا روا تارﺎﯾﻌﻣ ﯽﻋرﺷ
ںﯾﻣ ﮯﻧرﮐ لﻘﺗﻧﻣ ںﯾﻣ یرﺎﮑﻧﯾﺑ ﯽﻋرﺷ وﮐ یرﺎﮑﻧﯾﺑ ﯽﺗﯾاور روا لﺎﻌﻓأ
ﯽﮐ ڈروﺑ ہﻌﯾرﺷ ٹﻧﻣﭨرﺎﭘﯾڈ ٹﻧﻣﭘﻟوڈ ٹﮐڈارﭘ ،ٹﻧﻣﭨرﺎﭘﯾڈٰ ٹڈآ ہﻌﯾرﺷ لﻧرﭨﻧا ،نژﯾوڈ سﻧﺋﻼﭘﻣﮐ ہﻌﯾرﺷ ، ﮯﺑﻌﺷ ںوﻧﯾﺗ ﻻﺎﺑ هروﮐذﻣ
ﯽﮐ ﮯﻠﻣﻋروا تدﺟ روا یرﺎﯾﺗ ﯽﮐ سﭨﮐڈارﭘ ،زﻧﺷﯾرﭘآ
،سﻧﻧروﮔ
ہﮐ ںﯾﮨ ﮯﺗﺎﻧﺑ ﯽﻧﯾﻘﯾ وﮐ رﻣا سا
روا ،ںﯾﮨ ﮯﺗرﮐ مﺎﮐ ںﯾﻣ ﯽﻧارﮕﻧ
۔ںوﮨ قﺑﺎطﻣ لﻣﮑﻣ ﮯﮐ
تﺎﯾادﮨ یرﭨﯾﻟوﮕﯾرروا ںوﻟوﺻا
ﯽﻣﻼﺳا ﯽﮨﺎﮔآ روا تﯾﺑرﺗ
ﮯﺋار ﯽﮐ ڈروﺑ ہﻌﯾرﺷ ںﯾﻣ ےرﺎﺑ ﮯﮐ ﯽﮔدرﮐرﺎﮐ ﯽﮐ یرﺎﮑﻧﯾﺑ ﯽﻣﻼﺳا ﯽﮐ ﮏﻧﯾﺑ رﺑﯾﺧ ںﯾﻣ 2025 لﺎﺳ
وﭨﮑﯾزﮕﯾا روا زرﭨﮑﯾرﺋاڈ فآ ڈروﺑ ،قﺑﺎطﻣ ﮯﮐ
کرو مﯾرﻓ سﻧﻧروﮔ ہﻌﯾرﺷ هدرﮐ یرﺎﺟ ﮯﺳ بﻧﺎﺟ ﯽﮐ
نﺎﺗﺳﮐﺎﭘ فآ ﮏﻧﯾﺑ ٹﯾﭨﺳ
ﮯﮐ ںوﻟوﺻا ﮯﮐ تﻌﯾرﺷ
تﻼﻣﺎﻌﻣ مﺎﻣﺗﮯﮐ ﮓﻧﮑﻧﯾﺑ ﯽﻣﻼﺳا ﮯﮐ
ﮏﻧﯾﺑ رﺑﯾﺧ ہﮐ ںﯾﮨ راد ہﻣذ ﮯﮐ ﮯﻧﺎﻧﺑ ﯽﻧﯾﻘﯾ وﮐ تﺎﺑ سا ٹﻧﻣﺟﻧﯾﻣ
لوﺣﺎﻣ ﮯﮐ سﻧﺋﻼﭘﻣﮐ ہﻌﯾرﺷ ﯽﻋوﻣﺟﻣ ﮯﮐ ﮓﻧﮑﻧﯾﺑ ﯽﻣﻼﺳا
ﯽﮐ ﮏﻧﯾﺑ رﺑﯾﺧ
تﺣﺗ ﮯﮐ ﮯطﺑﺎﺿﮯﮐ بﺎﺳﺗﺣا روا سﻧﻧروﮔ ۔ںﯾﻠﭼ قﺑﺎطﻣ
۔ﮯﮨ یراد ہﻣذ ﯽﮐ ڈروﺑ ہﻌﯾرﺷ ﺎﻧرﮐ مﮨارﻓ ﮯﺋار ہﻧادازآ ﯽﻧﭘا رﭘ
:ﮯﯾد مﺎﺟﻧا مﺎﮐ لﯾذ جرد ﮯﻧ ڈروﺑ ہﻌﯾرﺷ ،ﮯﯾﻟ ﮯﮐ ﯽﮨد مﺎﺟﻧا ﯽﮐ ںوﯾراد ہﻣذ ﯽﻧﭘا نارود ﮯﮐ 2025 لﺎﺳ
دﻘﻌﻧﻣ سﻼﺟا (4) رﺎﭼ ﮯﯾﻟ ﮯﮐ ﮯﻧرﮐ ﮯﻠﺻﯾﻓ روا رﮑﻓ و روﻏ رﭘ تﻼﻣﺎﻌﻣ قﻠﻌﺗﻣ ﮯﺳ ہﻌﯾرﺷ ﮯﮐ زﻧﺷﯾرﭘآ ﮓﻧﮑﻧﯾﺑ ﯽﻣﻼﺳا .1
سﻼﺟا ہﮐرﺗﺷﻣ (2) ود ﮭﺗﺎﺳ ﮯﮐ زرﭨﮑﯾرﺋاڈ فآ ڈروﺑ تﺣﺗ ﮯﮐ ﮯطﺑﺎﺿ ﮯﮐ کرو مﯾرﻓ سﻧﻧروﮔ ہﻌﯾرﺷ ،هوﻼﻋ ﮯﮐ سا ۔ﮯﯾﮐ ۔ﮯﺋﮔ ﮯﯾﮐ دﻘﻌﻧﻣ
ﮓﻧﭨﯾﮐرﺎﻣ ،ےدﮨﺎﻌﻣ ﯽﻧوﻧﺎﻗ ،وﻠﻓ سﯾﺳورﭘ ،زﻠﺋوﻧﯾﻣ ﮯﮐ رﺎﮐ ہﻘﯾرط ،زرﭼﮐرﭨﺳا روا زﻣارﮔورﭘ ٹﮐڈورﭘ ﯽﺋﮔ ﯽﮐ شﯾﭘ لﺎﺳ نِارود .2 ۔ﯽﺋﮔ ید یروظﻧﻣ ﯽﻋرﺷ روا ﺎﯾﮔ ﺎﯾﻟ هزﺋﺎﺟ ﺎﮐ تازﯾوﺎﺗﺳد ہﻘﻠﻌﺗﻣ رﮕﯾد روا ،داوﻣ
ﮯﮐ ٹڈآ ہﻌﯾرﺷ لﻧرﭨﻧا روا ںوﻧﺋﺎﻌﻣ سﻧﺋﻼﭘﻣﮐ ہﻌﯾرﺷ ﮯﯾﻟ ﮯﮐ ﮯﻧﺎﻧﺑ ﯽﻧﯾﻘﯾ وﮐ غورﻓ روﭘرﮭﺑ ﯽﮐ ںوﯾﻣرﮔرﺳ یرﺎﮑﻧﯾﺑ ﯽﻣﻼﺳا .3 ۔ﯽﺋﮔ ید یروظﻧﻣ ﯽﮐ نﻼﭘ ہﻧﻻﺎﺳ
تﺎﻣادﻗا ﯽﺣﻼﺻا بﺳﺎﻧﻣ وﮨ
ﯽﮭﺟﻣﺳ ترورﺿ ںﺎﮩﺟ روا ،ﺎﯾﻟ هزﺋﺎﺟ ﺎﮐ سﭨروﭘر سﻧﺋﻼﭘﻣﮐ روا
ٹڈآ ہﻌﯾرﺷ لﻧرﭨﺳﮑﯾا ، لﻧرﭨﻧا .4 ۔ید زﯾوﺟﺗ ﯽﮐ
نﺎﮑﻣا ﮯﮐ لﯾﻣﻌﺗ مدﻋ ﯽﮐ ہﻌﯾرﺷ روا ،ید یروظﻧﻣ روا ﺎﯾﻟ
هزﺋﺎﺟ ﯽﻋرﺷ ﺎﮐ
زﺳﯾﮐ
ٹڈﯾرﮐ مﺎﻣﺗ هدرﮐ شﯾﭘ
ﮯﮐ نژﯾوڈ فﻠﺗﺧﻣ .5
۔ﯽﮐ یرﺎﺟ ﯽﺋﺎﻣﻧﮨر روا ﺎﯾد رﺎﮐ ہﻘﯾرط ﯽﻋرﺷ راو ہﻠﺣرﻣ بﺳﺎﻧﻣ ﮯﯾﻟ ﮯﮐ ﮯﻧرﮐ مﮐ وﮐ
هدرﮐ شﯾﭘ ً ﺎﺗﻗوﻓ ﺎًﺗﻗو لﻣﺗﺷﻣ رﭘ روﻣا لﻧﺷﯾرﭘآ ہﻘﻠﻌﺗﻣ رﮕﯾد روا ،ںوﯾﻣرﮔرﺳ ﯽﮐ ٹﻧﻣﺟﻧﯾﻣ لوﭘ ، ﮯﯾﻧﺎﯾﺑ ﮯﮐ تﺎﺟارﺧا روا ﯽﻧدﻣآ .6
۔ﯽﮐ مﮨارﻓ ﯽﺋﺎﻣﻧﮨر
ﯽﻋرﺷ رﭘ لﺋﺎﺳﻣ
هدرﮐ شﯾﭘ ﮯﺳ فرط ﯽﮐ ہﯾﻣﺎظﺗﻧا روا ،ﺎﯾﻟ هزﺋﺎﺟ ﺎﮐ سﭨروﭘر
ﯽﮐ ہﻌﯾرﺷ روا ںوﻟوﺻا ﮯﮐ ہﻌﯾرﺷ ہﮐﺎﺗ ﯽﮐ تﮐرﺷ ںﯾﻣ زﮕﻧﻧﯾرﭨ روا تﺎﻣارﮔورﭘ ﯽﺗﯾﺑرﺗ ﯽﮐ ﮯﻠﻣﻋ ،هدﻘﻌﻧﻣ ﮯﺳ بﻧﺎﺟ ﯽﮐ ﮏﻧﯾﺑ .7 ۔ﮯﮑﺳ ﺎﺟ ﺎﯾﺎھڑﺑ وﮐ ﮭﺟوﺑ ﮭﺟﻣﺳ روا ﯽﮨﺎﮔآ ںﯾﻣ ےرﺎﺑ ﮯﮐ تارطﺧ قﻠﻌﺗﻣ ﮯﺳ لﯾﻣﻌﺗ مدﻋ
وﮐ دﺎﻣﺗﻋا ﮯﮐ زرڈﻟوﮨ ﮏﯾﭨﺳا ںﯾﻣ ےرﺎﺑ ﮯﮐ لﺎﺣﺗروﺻ موﻣﻌﻟﺎﺑ ﯽﮐ زﻧﺷﯾرﭘآ ﮓﻧﮑﻧﯾﺑ ﯽﻣﻼﺳا روا صوﺻﺧﻟﺎﺑ ﮏﻧﯾﺑ رﺑﯾﺧ .8
۔ﺎﯾﻟ ہﺻﺣ ںﯾﻣ زرﺎﻧﯾﻣﯾﺳ ﯽﮨﺎﮔآ ﯽﻣاوﻋ ﮯﯾﻟ ﮯﮐ ﮯﻧرﮐ طوﺑﺿﻣ
ﮯﺋار ﯽﮐ ڈروﺑ ہﻌﯾرﺷ
یرﺎﻣﮨ ، رﭘ دﺎﯾﻧﺑ ﯽﮐ تادﮨﺎﺷﻣ
ﯽﻠﻣﻋ ﯽﺗاذ
یرﺎﻣﮨ روا ،رﭘ دﺎﯾﻧﺑ ﯽﮐ تﺎﺣﯾرﺻﺗ روا ،سﭨروﭘر ،تﺎﺣﯾﺿوﺗ ،تﺎﻣوﻠﻌﻣ ﯽﺋﮔ ﯽﮐ مﮨارﻓ ںﯾﻣﮨ :ہﮐ ﮯﮨ ﮯﺋار
دﻋاوﻗ ﮯﮐ تﻌﯾرﺷ نارود ﮯﮐ لﺎﺳ ﯽﻟﺎﻣ ﮯﻟاو ﮯﻧوﮨ مﺗﺧ وﮐ 2025 رﺑﻣﺳد 31 ﮯﻧ زﻧﺷﯾرﭘآ یرﺎﮑﻧﯾﺑ ﯽﻣﻼﺳا ﯽﮐ ﮏﻧﯾﺑ رﺑﯾﺧ .1
ںوﻟوﺻا روا طﺑاوﺿ ،تﺎﯾادﮨ هدرﮐ یرﺎﺟ ﮯﺳ بﻧﺎﺟ
ﯽﮐ ڈروﺑ ہﻌﯾرﺷ ﯽﮐ ﮏﻧﯾﺑ
روا
نﺎﺗﺳﮐﺎﭘ ف آ ﮏﻧﯾﺑ ٹﯾﭨﺳ زﯾﻧ ،ںوﻟوﺻا و ۔ﮯﮨ ﯽﮐ یدﻧﺑﺎﭘ ﯽﮐ
ہﻌﯾرﺷ ،ڈروﺑ ہﻌﯾرﺷ لﻘﺗﺳﻣ ںﯾﻣ سﺟ ،ﮯﮨ دوﺟوﻣ کرو مﯾرﻓ
قﺑﺎطﻣ ﮯﮐ
ہﻌﯾرﺷ ﻊﻣﺎﺟ روا بﺳﺎﻧﻣ ﮏﯾا سﺎﭘ ﮯﮐ ﮏﻧﯾﺑ .2
ہﻌﯾرﺷ روا رﺑﻣﻣ ڈروﺑ ہﻌﯾرﺷ ﯽﺗﻗو لﮐ
هوﻼﻋ ﮯﮐ ٹﻧﻣﭨرﺎﭘﯾڈ وﯾوﯾر و چرﺳﯾر
ہﻌﯾرﺷ ، ٹڈآ ہﻌﯾرﺷ ، نژﯾوڈ سﻧﺋﻼﭘﻣﮐ
۔ںﯾﮨ دوﺟوﻣ تﺎﻣﺎظﺗﻧا ﯽﺗﯾﺑرﺗ مظﻧﻣ قﺑﺎطﻣ ﮯﮐ کرو مﯾرﻓ سﻧﻧروﮔ
ہﻘﻠﻌﺗﻣ روا نﯾﻌﺗ ﺎﮐ
(Weightages)ﺰﺠﯿﭩﯾو ،تﺧﺎﻧﺷ ﯽﮐ تﺎﺟارﺧا و ﯽﻧدﻣآ ،مﯾﺳﻘﺗ ﯽﮐ زڈﻧﻓ ،رﺎﮐ ہﻘﯾرط ﺎﮐ مﯾﺳﻘﺗ ﯽﮐ ﻊﻓﺎﻧﻣ .3
۔ںﯾﮨ قﺑﺎطﻣ ﮯﮐ ںوﻟوﺻا ﯽﻣﻼﺳا
روا ںﯾﮨ ﮯﺋﮔ
ﮯﺋﯾد مﺎﺟﻧا قﺑﺎطﻣ ﮯﮐ ںوﻟوﺻا ﺎﻣﻧﮨر هدﺷ روظﻧﻣ ﯽﮐ ڈروﺑ ہﻌﯾرﺷ ،روﻣا
ﯽﺋﮔ ید رﮐ لﻘﺗﻧﻣ ںﯾﻣ ٹﻧؤﺎﮐا ﯽﭨﯾرﯾﭼ قﺑﺎطﻣ ﮯﮐ ﯽﺳﯾﻟﺎﭘ ﯽﭨﯾرﯾﭼ هدﺷ روظﻧﻣ ، ﯽﺋﮔ ید رارﻗ ہﻌﯾرﺷ رﯾﻏ وﺟ ﯽﻧدﻣآ ﯽﮭﺑ ﯽﺋوﮐ .4
۔ﮯﮨ ﯽﺋﮔ یدرﮐ ںﯾﻣ سﭨﻧﻣﭨﯾﭨﺳ ﯽﺗﺎﯾﻟﺎﻣ تﺣﺎﺿو یرورﺿ روا ،ﮯﮨ
ﯽﻠﺳﺗ مزﻋ روا ،تﯾﺣﻼﺻ ،روﻌﺷ ﯽﻋوﻣﺟﻣﮯﺳ ﮯﻟاوﺣ ﮯﮐ لﯾﻣﻌﺗ ﯽﮐ ہﻌﯾرﺷ ںﯾﻣ ہﯾﻣﺎظﺗﻧا روا ﮯﻠﻣﻋ نارود ﮯﮐ رﮭﺑ لﺎﺳ .5
وﮐ مﻠﻋ ہﮐﺎﺗ ﮯﮨ ﺎﺗرﮐ شرﺎﻔﺳ ﯽﮐ ﮯﻧرﮐ رﺎﯾﺗ ہﺑوﺻﻧﻣ ﯽﺗﯾﺑرﺗ ﮓﻧﮑﻧﯾﺑ ﯽﻣﻼﺳا ہﻧﻻﺎﺳ ﻊﻣﺎﺟ ﮏﯾا ڈروﺑ ہﻌﯾرﺷ ،مﮨﺎﺗ ۔ﺎﮨر شﺧﺑ ۔ﮯﮑﺳ ﺎﺟ ﺎﯾﺎﻧﺑ ﯽﻧﯾﻘﯾ وﮐ یدﻧﺑﺎﭘ لﺳﻠﺳﻣ ﯽﮐ تﺎﻌﻗوﺗ یرﭨﯾﻟوﮕﯾر روا ﮯﮑﺳ ﺎﺟ ﺎﯾﮐ طوﺑﺿﻣ دﯾزﻣ
۔ﮯﮨ ﯽﺋﮔ ﯽﮐ مﮨارﻓ تﻧوﺎﻌﻣ روا لﺋﺎﺳو بﺳﺎﻧﻣ ﮯﯾﻟ ﮯﮐ ﮯﻧﯾد مﺎﺟﻧا ﮯﺳ ﮯﻘﯾرط رﺛؤﻣ وﮐ ںوﯾراد ہﻣذ ﯽﻧﭘا وﮐ ڈروﺑ ہﻌﯾرﺷ .6
رﺗ زﯾﺗ وﮐ لﻣﻋ ﮯﮐ ﯽﻠﻘﺗﻧﻣ ںﯾﻣ یرﺎﮑﻧﯾﺑ ﯽﻣﻼﺳاﮯﺳ یرﺎﮑﻧﯾﺑ ﯽﺗﯾاور هدﻧﺎﻣ ﯽﻗﺎﺑ ﮯﻧﭘا ﮏﻧﯾﺑ ہﮐ ﮯﮨ ﺎﺗرﮐ شرﺎﻔﺳ دﯾزﻣ ڈروﺑ ہﻌﯾرﺷ
ںﯾﻣ رﻔﺳ سا ﮯﮐ ﯽﻠﯾدﺑﺗ ۔ﮯﮑﺳ ﺎﺟ ﺎﯾﮐ رﯾﺑﻌﺗ هدﻧﻣرﺷ وﮐ باوﺧ ﺎﮐ
ﮯﻧﻧﺑ ﮏﻧﯾﺑ ﯽﻣﻼﺳا لﻣﮑﻣ ﮏﯾا
ﯽﮐ ﮏﻧﯾﺑ رﺑﯾﺧ ہﮐﺎﺗ ےرﮐ
،سﻧﻧروﮔ زﯾﻧ ،ﮯﮨ یرورﺿ ﯽﻧﮭﮐر رارﻗرﺑ
یرادﺎﺳﺎﭘ ﯽﮐ ںوﻟوﺻا ﮯﮐ ہﻌﯾرﺷ ںﯾﻣ لﺎﺧودﺧ یدﺎﯾﻧﺑروا ،مﺎظﻧ
،زﻧﺷﯾرﭘآ
،سﭨﮐڈارﭘ،
۔ﮯﮨ رﯾزﮔﺎﻧ ﯽﮭﺑ ﺎﻧﮭﮐر طوﺑﺿﻣ لﺳﻠﺳﻣ وﮐ تﯾﺣﻼﺻ ﯽﮐ ﮯﻠﻣﻋ روا ،زﻟورﭨﻧﮐ
: مﻼﮐ ہﺻﻼﺧ
ﯽﺗﺎﺟ ہطﺑﺎﺿ روا ںوﻟوﺻا ﮯﮐ ہﻌﯾرﺷ روا ،ںوزﺋﺎﺟ
هدﻋﺎﻗﺎﺑ روا ٹڈآ ﮯﺳ ﮯﻔﻗو ﮯﻔﻗو ،ﯽﻧارﮕﻧ لﺳﻠﺳﻣ ،کرو مﯾرﻓ
ﯽﻋرﺷ طوﺑرﻣ
ﺎﻣﻧﮨر/ںوﯾﺳﯾﻟﺎﭘ ﻊﻣﺎﺟ هدرﮐ یرﺎﺟ ﮯﺳ بﻧﺎﺟ ﯽﮐ ﮓﻧﮑﻧﯾﺑ ﯽﻣﻼﺳا ﯽﮐ ﮏﻧﯾﺑ رﺑﯾﺧروا ،یرﺗﮩﺑ لﺳﻠﺳﻣ قﺑﺎطﻣ ﮯﮐ ںوﯾﻠﯾدﺑﺗ ںﯾﻣ ںوﺿﺎﻘﺗ
ﯽﻧﯾﻘﯾ وﮐ یدﻧﺑﺎﭘ ﯽﮐ ہﻌﯾرﺷ ںﯾﻣ لﺎﻌﻓأ ﯽﻋوﻣﺟﻣ ﯽﮐ ﮓﻧﮑﻧﯾﺑ ﯽﻣﻼﺳا ںﯾﻣ رﺑﯾﺧ فآ ﮏﻧﯾﺑ ہﮐ ﮯﮨ ﺎﻧﻧﺎﻣ ارﺎﻣﮨ ،رﭘ دﺎﯾﻧﺑ ﯽﮐ ںوﻟوﺻا ۔ﮯﮨ دوﺟوﻣ مﺎظﻧ طوﺑﺿﻣ ﮏﯾا ﮯﯾﻟ ﮯﮐ ﮯﻧﺎﻧﺑ
ﮯﺋﺎﻧﺑ تﺎﺟﻧ ہﻌﯾرذ ںﯾﻣ ترﺧآ روا ﮯﺋﺎﻣرﻓ ﺎطﻋ قﯾﻓوﺗ نﯾرﺗﮩﺑ
ﯽﮐ ﮯﻧﺎﮭﺑﻧ ﮯﺳ ﮯﻘﯾرط نﺳﺣا وﮐ مﺎﮐ سا
ںﯾﻣ ﺎﯾﻧد ںﯾﻣﮨ
ﯽﻟﺎﻌﺗ ﷲ
۔ ﮯﺋ ﺎﻣرﻓرزﮔرد ﮯﺳ مرﮐ
نﯾﻣآ
و فطﻟ ﮯﻧﭘا ا
ﮯﺳ ںوﯾﮨﺎﺗوﮐ روا
ںوﺷزﻐﻟ یرﺎﻣﮨ روا
Qazi Abdul Samad
RSBM
MuŁi Abdul Wahab
Member Shariah Board
MuŁi Muhammad Arif Khan
Member Shariah Board
MuŁi Muhammad Zahid
Chairman Shariah Board
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