Sub-Committees

Composition of Sub-Committees 2024-26 and their terms of references (TORs)

To review Acts, Ordinance, Rules and Regulations, Circulars, Guidelines and other Directives issued by SECP from time to time.
To review and adopt various standards issued by ICAP, AAOIFI and other Regulatory bodies.
To have a close liaison with the Regulators and make necessary recommendations/suggestions on the issues of the sector.
Drafting Regulations for new products.

To explore and design multiple initiative programs for the Association
To monitor the initiative plan and ensure its smooth implementation.
To review annual audited accounts of the Association and finalize the same in collaboration with Secretary General/Auditors/Tax Advisors.
Resolving Tax related issues of the Association as well as of the Modaraba and NBFCs Sectors pertains to FBR, SRB and other Agencies.
Any other mater relating to Audit, Accounts & Taxation.
To explore and examine possibilities of Tax Refunds and Tax Exemptions.

To plan a strategy to improve/enhance the sector image to all its stake holders.
To prepare a calendar for the year 2024-26
To give awareness to general public, stake holders and investors about the sector.
To keep liaison with SECP, DGTO, ICAP, ICMAP, FPCCI, CDC, IBA-CEIF, and other financial institutions.
To oversee the publication work of the Year Book.
To approve the Title page and the theme of the book
To review contents of the Year Book.
To arrange advertisements of the book.
To ensure good liaison with news agencies.