Arif Habib Corporation

The Arif Habib Group initiated its operations as a dedicated capital markets firm in 1970, initially focusing on brokerage services.[3] In 1994, the organization formalized its structure and became Arif Habib Securities.[3]

In 2006, the group acquired Rupali Bank, subsequently rebranding it as Arif Habib Bank.[3]

By 2007, the Arif Habib Group had emerged as a substantial financial services conglomerate within Pakistan, comprising a significant asset management company, a prominent investment bank, a securities brokerage firm, and a retail bank.[3] The group faced a critical juncture during the global financial crisis of 2008.[3]

In 2009, the group divested the bank to Suroor Investments for Rs. 2.7 billion (US$32.5 million). This bank was later merged with Atlas Bank and Mybank to establish Summit Bank.[3]

During 2010, the group merged its investment subsidiary, Arif Habib Investments, with MCB Asset Management, culminating in the creation of MCB-Arif Habib Savings and Investments Limited.[3]

Presently, the Arif Habib Group encompasses a diverse portfolio of 13 companies spanning various sectors including real estate, financial services, energy, cement, steel, and fertilizer production.[1]

By 2012, the organization boasted a workforce of over 11,000 employees and achieved an annual revenue of Rs. 100 billion.[1]

• Aisha Steel Mills
• Sachal Energy Wind Farm[4]
• Silk Bank[5]
• Power Cement[6]
• Arif Habib Corporation
• Arif Habib Consultancy
• Arif Habib Limited
• MCB-Arif Habib Savings and Investments
• Fatima Fertilizers [3]
• Pakarab Fertilizers
• Javedan Corporation
• Arif Habib Commodities