Muhammad Farhan Khan

It's been 16 years, but there are some words of wisdom you can never forget. In October 2008, during my hiring process at Meezan Bank Limited, our then COO and later DCEO, Mr. Ariful Islam, said something that became the guiding principle for me and something that I quote whenever I get the chance. He said, "We want to be a premier bank that provides Islamic Banking services rather than just being an Islamic Bank." For those you get it, this is not just word play but a total change of perspective. This set the foundation for everything we have strived to achieve. It emphasized not just adhering to Islamic principles, but also delivering world-class products and services—raising the bar in banking standards. By focusing on providing excellence in service and innovation, Meezan Bank has continuously aimed to outperform, offering solutions that are not just competitive but industry-leading. It ignited in us a drive to focus on providing the best-in-class products and services, ensuring that they didn’t just meet expectations but surpassed them—outperforming the competition while staying true to our core values. Our branch network, our ADC services, our focus on customer service and IT is all testament to this thought. Today, Alhamdulillah, Meezan Bank is not only recognized as the Best Islamic Bank in Pakistan but also as the Best Bank in the country overall and is one of the largest banks in the country with over 1000 branches in over 335 cities. As we thank Allah for this achievement and look towards 2027 and beyond, it is essential to continue providing exemplary service to our customers, both internal and external and remain firmly committed to our values - Shariah-compliance, Integrity and Service Excellence as well as our Vision to ''Establish Islamic Banking as banking of first choice...'', InshaAllah. #IslamicBanking #MeezanBank #ExcellenceInService #VisionAndValues #ProudToBeMeezan #IslamicBanking #BestBank #VisionDriven muhammad raza Sohail Khan

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📢 Calling out all the " 𝐈𝐧𝐭𝐞𝐫𝐧𝐚𝐥 𝐀𝐮𝐝𝐢𝐭𝐨𝐫𝐬 " of Twin Cities. 𝐐𝐮𝐚𝐥𝐢𝐟𝐢𝐜𝐚𝐭𝐢𝐨𝐧: Degree in Accounts/Finance 𝐋𝐨𝐜𝐚𝐭𝐢𝐨𝐧: Islamabad 𝐄𝐱𝐩𝐞𝐫𝐢𝐞𝐧𝐜𝐞: 1 - 2 years > Develop a work program and schedule for the internal audit, and ensure that the internal audit is carried out by the procedures, policies, and objectives set for it, at least four times during the year, and submit monthly, periodic reports and make recommendations. > Perform full audit cycle including risk management and control management over operations’ effectiveness, financial reliability, and compliance with all applicable regulations. > Checking the integrity of invoices, payment vouchers, and the accompanying supporting documents. > Reviewing cash receipt vouchers and check receipt vouchers, verifying their deposit in banks, and matching between records and bank statements. > Participate in the inventory of cash, stores, and property on a sudden and periodic basis, and report on the results of the inventory and any discrepancies, deficits, or actions contrary to the rules, regulations, and decisions of the Administrative Board. > Ensure that purchases are stored in ways that facilitate inventory control and inventory at any moment. > Recommend and implement changes to address procedures and practices that are not compliant with FNRCO regulations. > Reviewing the accounting entries from the arithmetic and accounting aspects to ensure their correctness with the attachments and the integrity of the accounting guidance, entry, and posting of the relevant records on the computer. > Coordinate and conduct special audits and investigations with minimal supervision and direction. > Analyze existing compliance records and make all necessary updates. > Compile reports on the results of external and internal audits, present these reports to the executive director, and senior management, and recommend corrective and improvement measures. > Work with different departments and branches to assist in evaluating systemic functional and operational compliance with internal policies and procedures and design affirmative remediation plans to address issues identified, including revision of policies and procedures and providing training as necessary to staff. > Determining internal audit & compliance scope and developing annual plans. > Obtaining, analyzing, and evaluating accounting & financial documentation, reports, data, flowcharts, etc. > Identify loopholes and recommend risk aversion measures and cost savings > Maintain open communication with senior management and branch managers on improvements and best practices. 𝐀𝐩𝐩𝐥𝐲: [email protected]

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Go ahead apply

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A Shocking Event! SadaPay laid off 30% of its staff just days after being acquired by Turkish neobank Papara. This drastic move was followed by CEO Brandon Timinsky's resignation, citing the overwhelming toll of his responsibilities on his health. Is it just about the app? Neglecting app maintenance can have dire consequences, as SadaPay’s situation shows. Like SadaPay, maintaining your app isn't optional—it's crucial for your business’s survival. Here's Why Maintenance Matters: Performance Optimization Compatibility Updates Feature Enhancements Reduces Downtime Cost Efficiency Customer Retention What’s your take? Do you agree with SadaPay’s drastic measures? #Splenify #SadaPay #AppMaintenance #BrandonTiminisky #Papara

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#HBL #HBLbanking #HBLcustomerservice leaving a filthy experience of banking. Being a customer charging HBL has annual ATM fee of Rs.2900 including tax without any intimation and wasting 40 mins on call with an agent having no experience of dealing the query. when I asked for the details of informing to customers, he replied that bank do not send any message to customer. Why a customer has to pay a huge amount of fee without letting them know while opening a bank account. theft level is at top and service rendered to customer is zero. Are you providing fuel to customers for visiting your ATM machines? Do you provide a pick and drop facility to ladies customers to visit your bank? It's a criminal policy of the bank charging a huge amount without notice through any means! I need a refund of this hard-earned money and your staff hasn't bothered to even inform this while account opening. I demanded your phone bank officer to connect the call to the supervisor and he replied that he is busy at the moment. I insisted that i need to discuss my query with him/her and after 8 mins of waiting he dropped the call. This is how you are stealing customers money and doing fraud.

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These statistics highlight the thriving call center industry in Pakistan. The skills acquired in these roles are invaluable and can significantly contribute to one’s professional growth. However, it’s essential to view call center jobs as a stepping stone rather than the final destination for ambitious professionals. I’ve seen firsthand how these roles can develop critical skills and open doors to diverse career opportunities. Let’s continue to break stereotypes and aim higher! #asqspeaks #callcenter #customerservice #communicationskills

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CubeXS Weatherly (Pvt) Ltd. A great place to work where they care and supports its employees while also challenging them to grow with the company. Company leaders, managers, and their employees trust and respect each other and share a commitment to both individual and company success. Great companies like CubeXS Weatherly (Pvt) Ltd. try to meet their employees' financial, mental, physical, and emotional needs alog with that they keep their Worklife balance. As a result, employees are often more productive, satisfied, and willing to stay at the company long-term. #blessings #companyculturematters #proudtobepartofit

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Why Many Young Freelancers Avoid Bringing Payments Through Proper Banking Channels In recent years, Pakistan has seen a remarkable rise in young freelancers working on platforms like Fiverr, Upwork, and others. These platforms have opened up global opportunities, but many freelancers choose not to bring their earnings through official banking channels. Here’s why this is happening and what it means for our economy: 1. High Transaction Costs: Freelancers often face high fees and unfavorable exchange rates when transferring money through traditional banking channels. This can significantly reduce their earnings, making alternative methods more attractive. 2. Lengthy Processing Times: Traditional bank transfers can take several days or even weeks to process, which can be inconvenient for freelancers who need quick access to their funds. 3. Stringent Regulations: Navigating the regulatory environment in Pakistan can be complex and time-consuming. Many freelancers find it easier to use informal channels that bypass bureaucratic hurdles. 4. Limited Access to Banking Services: Some freelancers may not have easy access to banking services or may face difficulties in opening and maintaining accounts that facilitate international transactions. 5. Privacy Concerns: Freelancers may prefer alternative methods to avoid sharing detailed financial information or to keep their earnings private. Economic Impact: According to documented figures, IT exports from Pakistan amount to around $3.6 billion USD. However, the undocumented IT export, largely driven by freelancers using informal channels, is estimated to be between $5-6 billion USD. This discrepancy highlights the significant portion of the economy that remains outside the official financial system, impacting our economic growth and policy-making. Moving Forward: To address these challenges, there’s a need for more efficient, cost-effective, and transparent banking solutions that cater to the needs of freelancers. Streamlining regulations, reducing transaction fees, and enhancing access to banking services can help bring more of this economic activity into the formal sector. Let’s work together to create a more inclusive financial system that supports our freelancers and helps harness the full potential of our IT exports. Pakistan Software Houses Association Pakistan Software Export Board (PSEB) Yunus Brothers Group Lucky Cement Limited Saylani Welfare Systems Limited State Bank of Pakistan (SBP) #Freelancing #Banking #ITExports #EconomicGrowth #Pakistan #FinancialInclusion

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In Pakistan, I've noticed a strange rule in some organizations. When management is unable to do anything productive, they start downsizing. And they blame the employees, saying they aren’t performing well. If the employee wasn’t performing, then why not terminate them right after probation? Why does this realization come after 10 years? Fine, if they do realize it, they should be upfront and say, "We’re no longer capable of managing things, so we’re opting for downsizing." On top of it all, I heard of a performance-based employee getting a farewell for the first time—like, seriously? This means such organizations can go to any lengths to look good, even if it means bypassing company policy. #DownsizingReality #OrganizationalPolicies #EmployeeExperience #ManagementResponsibility #TransparencyInWorkplace

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PKR appreciates by 0.09 rupees or 0.03% against USD to settle at 278.68 in today's interbank session. MTD: -0.14 rupees or -0.05% FYTD: -0.33 rupees or -0.12% CYTD: 3.19 rupees or 1.14% Read full closing report https://lnkd.in/dHhbdFh2

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"Even though the headlines may not show it, I've seen the progress in Pakistan in digitization," says Jahanzeb Khan, CEO of Telenor Microfinance Bank Limited, as he shares his hope for the country's future. Despite the challenges and the economic downturn, he highlights how Pakistan is making strides in embracing digital advancements and believes that the country is steadily emerging from this downcycle with resilience and potential. - Tune into our profile for full conversation. - #digitization #pakistan #economicgrowth #hope #progress #future #innovation #leadership #telenor #VCastOnline

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How hiring takes place in the public sector companies of Pakistan? Hiring in the team of CEOs/Presidents of public sector companies in Pakistan usually takes place under the influence of behind-the-scenes political wheeling and dealing. People who are hired due to pressures of influential circles create a "culture of mediocrity" in the organization. They are "voices of their masters" and can perform transactional tasks but are unable to create any meaningful transformation in the organization. They are "seat warmers" and incapable of playing the role of "change agents." As long as CEOs/Presidents of public sector companies succumb to internal organizational politics or external political pressures while hiring people in their executive teams, they are mainly responsible for maintaining what no longer works in their organizations and draw their most valuable resources away from their number one job, creating tomorrow. The thinking that got us where we are is not the thinking that will get us to where we want to be. (Albert Einstein). #ceos #presidents #work #business #corporate #learn #changeagent The Bank of Punjab #banking #learn #jobs #think #power #political #influence #hiring #recruitment #applynow #talenthunt #public #government Rozee

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As job seekers, we often notice a significant difference in job listings within Pakistan: while some companies clearly state the salary range for job positions, most companies remain silent on this crucial detail. Why is this the case? Transparent salary information can save time for both employers and candidates, ensuring that expectations align from the very beginning. It fosters trust and can significantly enhance the employer's brand reputation. Are there specific reasons why many Pakistani companies prefer to keep salary information undisclosed? Is it a matter of flexibility, market competitiveness, or something else entirely? Transparency in salary can lead to better, more informed decisions for job seekers and potentially a more motivated and committed workforce for employers. Should more Pakistani corporates adopt a transparent approach similar to the few that already do? #Transparency #JobListings #CorporateCulture #JobSeekers #Pakistan #HR #SalaryTransparency #CareerGrowth

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Telecom companies, on the recommendation of the Federal Board of Revenue (FBR), have blocked over 9,100 SIM cards of non-tax filers. FBR spokesperson Bakhtiar Ahmed Khan revealed that data on 30,000 non-filers has been provided to telecom firms, with plans to share 5,000 daily for further action. The FBR identified over 550,000 non-filers and imposed a 90% withholding tax on mobile top-ups for non-filers until they file tax returns. Despite requests, the Pakistan Telecommunication Authority (PTA) and cellular companies initially resisted blocking SIM cards. #Telecom #FBR #NonTaxFilers #SIMCardBlock #TaxCompliance #WithholdingTax #Pakistan #PTA #Telecommunication

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Leave Laws in Pakistan Casual Leave (CL) Sindh, Punjab, Balochistan, KPK, Islamabad: 10 days/year. Sick Leave (SL) Punjab, KPK & Islamabad: 16 days (half wages). Sindh: Factories Act: 16 days (full wages). Mines & Shops Act: 16 days (half wages). Balochistan: Factories Act: 20 days. Mines & Shops Act: 16 days. Annual Leave (AL) Sindh, Punjab, KPK, Islamabad: 14 days (full wages). Sindh (Mines): 1 day for every 17 days worked (underground) or every 20 days worked (aboveground). Balochistan: 20 days. Festival Holidays Federal/Provincial Governments: 12 days annually (Sindh allows 14 days). Maternity Leave Sindh: 16 weeks. Balochistan: 14 weeks. Punjab, KPK, Islamabad: 12 weeks. Paternity Leave Punjab: 7 days. Iddat Leave All provinces: 4 months and 10 days. Other Leaves (as per company policies) Wedding Leave: Typically 7–14 days. Birthday Leave: Allowed by some MNCs for 2–3 kids annually. Hajj/Umrah/Ziarat Leave: Paid leave often granted after 2–3 years of service. Tablighi Leave: Some organizations allow up to 40 days (paid/half-paid). As HR leaders, it is our responsibility to ensure that employees are well-informed about their leave entitlements and that we are up-to-date on legal requirements. Let’s continue to foster a fair and compliant work environment by staying ahead on labor laws and company policies. #HRProfessionals #EmployeeBenefits #LeaveEntitlements #HumanResources #WorkplaceCompliance

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