Dawood Islamic Bank LTD.  
 
September 11,2010 | Shawwal 02,1431
Rafique Dawood – Chairman / Director

Mr. Dawood is a businessman by occupation with more than 35 years of experience. He has completed his M.B.A. from Harvard University and B.Sc. (Hons.) from Manchester University. In 1994, Mr. Dawood formed Dawood Leasing Company (DLC) with a paid-up capital of Rs. 250 million. By virtue of its growth, the expanding company has obtained the license to conduct, in addition to leasing, the business of Investment Financial Services and Housing Services. To reflect the changes, the Company has changed its name to First Dawood Investment Bank Limited. The Company is among the top players of the industry and is one of the largest companies in Pakistan in term of net investment in lease finance.

 

He is also the Chairman of BRR International Modaraba, which has an equity size of Rs. 830.54 million and a balance sheet size of Rs. 2,396 million as on March 31, 2006. BRR was incorporated in 1984. BRR is one of the largest Modarabas in Pakistan with an excellent dividend payout history.

 

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