Islamabad, 18 June 2008: BMA Financial Services Ltd, BMA Group’s new venture held its first investor forum in Islamabad in association with Pakistan Software Houses Association (P@SHA). As proceedings got underway, the CEO of BMA Financial Services Ltd. Mr. Junaid Iqbal introduced the new business venture and spoke a few words about the initiative being undertaken by BMA Financial Services Ltd and P@SHA, he emphasized that there is a need for IT Companies and Professionals working in the IT industry to be educated about investment, savings and retirement products available in the market. A special word of thanks was offered by Mr. Iqbal to P@SHA for co-branding the event with BMA Financial Services Ltd as well as AMZ Asset Management Ltd and Al Meezan Investment Management Ltd in their capacity as sponsors of the event. Mr. Iqbal ended by saying that “It is our vision to be the No. 1 firm in Pakistan in providing financial products to our individual and corporate investors.”

As the forum progressed, AMZ Asset Management Ltd presented on Equity and Fixed Income Products and Al Meezan Investment Management Ltd on Islamic Investment Products and Voluntary Pension Schemes.

The attendees included CEO’s and CFO’s of various small to mid-sized IT Companies. They were introduced to concepts such as provident funds , gratuity and pension funds to increase awareness of employee benefits that are offered by leading IT Companies as employee retention tools. An emphasis was placed on the implementation of such tools to equalize the benefits for employees across the industry.

At the end, Mr. Atif Mumtaz of P@SHA offered a word of thanks and praised the initiative which was undertaken by BMA Financial Services Ltd and P@SHA. He identified the need for strengthening the knowledge base of IT Companies with regards to such products and emphasized the hope that such events would be held all over the country.