9 July 2012 – Mahvash and Jahangir Siddiqui Foundation sponsors students for the Global and Public Health program at Weill Cornell Medical College, Qatar

The Mahvash and Jahangir Siddiqui Foundation representatives met with the students prior to their departure for the Global and Public Heath medical program at Weill Cornell Medical College, Qatar. These students were selected after extensive interview sessions from universities nationwide.

This is a four weeks medical program being held at the Weill Cornell Medical College, Qatar. This program hosts undergraduate students from universities in various parts of the world and is an excellent opportunity for participants to learn about the latest research being undertaken in the field of improving Global and Public health, success of the Qatar health policies and how this nation in the Middle East transformed itself into a modern city-state with excellent health facilities to cater to the needs of its citizens.

These students will also get an opportunity to learn about the latest research efforts to integrate life style medicine with environmental, genetic and related factors to address the health care needs of various communities in the country and the region with a focus on a preventing the occurrence of commonly occurring diseases to improve the overall quality of life.

This is the first year of this program at Weill Cornell Medical College, Qatar and Mahvash and Jahangir Siddiqui Foundation is pleased to have formed this affiliation as a continuous effort in making investments into various education initiatives in Pakistan. The foundation annually sponsors such initiatives to support and improve the well being of the Pakistani citizens.

The Mahvash and Jahangir Siddiqui Foundation is a non-profit organization that has been working towards healthcare, education and social enterprise through sustainable development to underprivileged members of society with a special focus on women, minorities, children and disabled individuals. Foundation goal is to promote economic development and to enhance the dignity and quality of life of individuals, families and communities by eliminating barriers to opportunity and helping people in need reach their fullest potential. Mahvash and Jahangir Siddiqui Foundation also works nationally to provide immediate humanitarian relief during periods of crisis by delivering medical services, clean water, nutrition and housing to individuals displaced by natural calamities.

4 July 2012 – JS Bank tops the State Bank of Pakistan’s list of Primary Dealers (PDs) of Government Securities for FY 2011 – 12

The State Bank of Pakistan recently, 2nd year in a row has declared JS Bank as the Number 1 Primary Dealer of Government Securities for the year 2011-12. JS Bank was also the Number 1 Primary Dealer of Government Securities for the year 2010-2011. JS Bank is one of only 11 State Bank of Pakistan appointed Primary Dealers authorized to participate in the auctions of Government of Pakistan securities comprising of Treasury Bills (T-Bills) and Pakistan Investment Bonds (PIBs).

JS Bank has outperformed all other Primary Dealers during what has been an extremely challenging year for Pakistani banking is testament to the strategic vision of the management as well as the hard work of the Fixed Income Team in Treasury. The listing displays the growing confidence that customers have in the bank’s ability to better handle their fixed income transactions and sends a clear signal to the market that JS Bank has emerged as a key player with an agenda of performance driven growth and service excellence in Pakistani banking.

JS Bank is counted amongst the most performance driven banks on Pakistan’s banking landscape. The Bank now has an online network of 150 branches in 80 cities across Pakistan. In its unrelenting effort to provide high quality products and services, JS Bank continues to pursue the path of innovation and excellence.

30 June 2012 – Mahvash and Jahangir Siddiqui Foundation and Sajjad Foundation (Singapore) sponsor students for a Summer Program in National University of Singapore (NUS)

The Mahvash and Jahangir Siddiqui Foundation representatives met with the students prior to their NUS Summer Program on Economic and Enterprise Development. These eighteen students were selected after extensive interview sessions from 58 universities nationwide.

This is a two weeks summer program being held at the National University of Singapore (NUS).This program hosts undergraduate students from universities in various parts of the world and is an excellent opportunity for participants to learn about Singapore: how the smallest nation in Southeast Asia has progressed into a modern city-state and has grown into a thriving centre of commerce and industry. These students will also get an opportunity to learn about creative and innovative ideas to start their own business in future.

This is the 5th year Mahvash and Jahangir Siddiqui Foundation and Sajjad Foundation (Singapore) have been running the NUS Summer program on Economic and Enterprise Development as a continuous effort in making investments into various education initiatives in Pakistan. These Foundations annually sponsor the entire cost of the Pakistani students at this program as their endeavor to invest in education and to initiate and encourage entrepreneurship in the youth of today.

The Mahvash and Jahangir Siddiqui Foundation is a non-profit organization that has been working towards healthcare, education and social enterprise through sustainable development to underprivileged members of society with a special focus on women, minorities, children and disabled individuals. Foundation goal is to promote economic development and to enhance the dignity and quality of life of individuals, families and communities by eliminating barriers to opportunity and helping people in need reach their fullest potential. Mahvash and Jahangir Siddiqui Foundation also works nationally to provide immediate humanitarian relief during periods of crisis by delivering medical services, clean water, nutrition and housing to individuals displaced by natural calamities.

The selected participants are from Institute of Business Administration Karachi (IBA), Lahore University of Management Sciences (LUMS), Institute of Business Management Karachi (IoBM), Shaheed Zulfiqar Ali Bhutto Institute of Science and Technology Karachi (SZABIST), Karachi University (KU), National University of Science and Technology- School of Electrical Engineering and Computer Science Islamabad (NUST-SEECS), National University of Sciences and Technology Business School Islamabad (NUST-BS), National University of Computer and Emerging Sciences (NUCES/FAST-Lahore), Muhammad Ali Jinnah University Islamabad (MAJU), Institute of Management Sciences Peshawar (IMS), Ghulam Ishaq Khan Institute of Engineering Sciences and Technology Topi (GIKI), Pakistan Air Force- Karachi Institute of Economics and Technology Karachi (PAK-KIET), and National College of Arts Lahore (NCA).

29 June 2012 – PACRA Upgrades Ratings of JS Bank Limited

The Pakistan Credit Rating Agency (PACRA) has upgraded the long-term entity rating of JS Bank Limited (JSBL) to ‘A+’ (Single A Plus). These ratings denote a low expectation of credit risk, while the capacity for timely payment of financial commitments is considered strong. It also reflects the bank’s sound financial profile emanating from improving profitability, strong liquidity and supporting capital adequacy. The bank’s strengthening franchise owing to its aggressively increasing branch network, supported by a sound technological platform was also among some of the key considerations along with its expanding asset base, which is currently being managed comfortably. With the transfer of relatively established asset management and brokerage businesses to JS bank – as subsidiaries – It now possesses significant potential to synergize and capitalize on in these domains. The ratings draw comfort from its close association with the ever strengthening JS Group.

JS Bank is considered amongst the fastest growing banks within the Pakistan’s banking landscape with the support of its vast experienced management. The Bank now has an online network of 148 branches and expanding in 80 cities across Pakistan and it has three main business units; Retail and Consumer banking, Corporate and Commercial banking and Treasury and Investment banking. In its unrelenting effort to provide high quality products and services, JS Bank continues to pursue the path of innovation and excellence.

7 May 2012 – Plaque unveiling ceremony of the state of the art Jahangir Siddiqui Auditorium worth PKR 140 million at IBA Karachi

Mr & Mrs Jahangir Siddiqui unveiled the plaque for the new Jahangir Siddiqui Auditorium to be constructed at IBA Karachi Campus. The ceremony took place at IBA city campus and to mark this auspicious occasion, Mr and Mrs Jahangir Siddiqui (Chairman JS Bank), Dr. Ishrat Hussain (Dean IBA and former Governor of State Bank of Pakistan), Mr Ali J Siddiqui (CEO, Mahvash & Jahangir Siddiqui Foundation), Mr Ali Raza Siddiqui (Director, Bank Islami Pakistan) along with their spouses, senior representatives of the Mahvash & Jahangir Siddiqui Foundation and IBA were also present and commented regarding the initiative.

IBA is the oldest business school outside North America and continues to consistently provide high quality education to students from Pakistan and abroad. As part of supporting this initiative, Mahvash and Jahangir Siddiqui Foundation has granted Rs 140 million to construct a state of the art auditorium complex at IBA city campus to further facilitate the learning experience of the future role models and the best available talent being taught at this prestigious organization.

Mrs Mahvash Siddiqui stated “It is an absolute pleasure to be here and help support the great initiatives of IBA, keeping in view the excellent role they are playing in building the future decision makers and leaders of this country. She further added that, the Mahvash and Jahangir Siddiqui Foundation has always been at the forefront to support such noble causes especially in the education sector”.

Mr Jahangir Siddiqui commented that “IBA is going from strength to strength with the initiatives taken under the leadership of Dr. Ishrat whom I respect immensely. His leadership gives us the drive and encouragement to further expand our support for such initiatives. He also emphasized that Mahvash & Jahangir Siddiqui Foundation looks forward to continue promoting such endeavors to help foster and build the social fabric of the Pakistani society as a whole.”

Mr Ali J Siddiqui expressed his interest to continue supporting such initiatives and stressed the need for the private sector to contribute towards the betterment of the country through philanthropy.

Dr. Ishrat Hussain took this opportunity to thank the Mahvash & Jahangir Siddiqui Foundation for this generous grant and their continuous support to various philanthropic activities across the country to help support academic and educational endeavors.

The Mahvash and Jahangir Siddiqui Foundation is a not-for-profit organization that provides grants to healthcare, education and social enterprises with a special focus on women, children and disabled individuals. The Mahvash and Jahangir Siddiqui Foundation and JS Bank have been strong advocates of various philanthropic activities in the past as well, including extensive relief efforts in the 2005 earthquake, 2008 IDP crisis and the 2010 and 2011 floods.

6 April 2012 – Award Ceremony & Gymnasium Inauguration, JS Academy for the Deaf

JS Academy for the Deaf is a project of Mahvash & Jahangir Siddiqui Foundation and Noor-E-Ali Trust. It is one of the best charity institutions imparting education to Deaf children in the country with a unique concept of having an open door policy, allowing all the deaf children to avail higher education without any age restrictions.

It is the only school in Pakistan where 9 Deaf Teachers have been employed and have received on job training to conduct research in this field. In addition it has an art gallery where deaf people can come, exhibit and showcase their art work allowing them to sell the paintings to earn a decent livelihood.

To celebrate the excellent academic results of the students, an award ceremony was held and the inauguration of a Gymnasium conducted. The students continue to excel in their academic studies with straight A’s being achieved throughout in Matric and Higher Secondary level as been over the last 7 years.  To mark this auspicious occasion, Mr and Mrs Jahangir Siddiqui, Mr Ali J Siddiqui, Mr Ali Raza Siddiqui along with their spouses, senior representatives of the Mahvash & Jahangir Siddiqui Foundation and many other notable guests were also present and spoke regarding the initiative.

Mr & Mrs Jahangir Siddiqui inaugurated a Gymnasium at the JS Academy for the Deaf and participated in the Awards Distribution ceremony to honor the high achievers within the student body and staff members. Mr Jahangir Siddiqui commented that the “JS Academy is going from strength to strength and this gives us the drive and encouragement to further expand our support for such causes. He also emphasized that they look forward to continue promoting such initiatives for the social development of the Pakistani society as a whole”.
Mrs Jahangir Siddiqui noted “Such efforts are the building stone of a prosperous society based on moral equality and quality living for people from all walks of life. She further added that, the Mahvash and Jahangir Siddiqui Foundation has always been in the forefront to support and initiate such endeavors”.
The Mahvash and Jahangir Siddiqui Foundation is a not-for-profit organization that aims to provide healthcare, education and social enterprise through sustainable development to underprivileged members of society with a special focus on women, minorities, children and disabled individuals. The Mahvash and Jahangir Siddiqui Foundation and JS Bank have been a strong advocate of various philanthropic activities in the past as well, including extensive relief efforts in the 2005 earthquake, 2008 IDP crisis and the 2010-11 floods.

26 February 2012 – Mahvash & Jahangir Siddiqui Foundation distributed Wheelchairs in collaboration with Walkabout Foundation

Mahvash & Jahangir Siddiqui Foundation in collaboration with US Based Walkabout Foundation and assisted by Special Talent Exchange Program (STEP), UNHCR and other NGO’s across the country distributed 300 specially customized wheelchairs to the flood affectees as part of its initial phase at a local hotel in Islamabad.

To mark this occasion, Mr. Richard E. Hoagland, Deputy Chief Mission – US Embassy Islamabad, Ms. Carolina Bunster, CEO -Walkabout Foundation and Mr. Ali J. Siddiqui, CEO – Mahvash and Jahangir Siddiqui Foundation, Mr. Ali Munir – a UK based Pakistani investor and entrepreneur,and many other notable dignitaries were present and spoke regarding the initiative.

Ms Carolina Bunster, CEO Walkabout Foundationnoted,“A staggering 6 million people are living with paralysis in the United States, which is approximately 2% of the population. This number translates to nearly 1 in 50 people, which means that everyone is ONE degree of separation away from paralysis. Additionally, there are 100 million people in the world that need a wheelchair but cannot afford one and up to 6% of the population of most developing countries need a wheelchair but cannot afford one. Since inception, Walkabout Foundation has donated over 1,500 wheelchairs to people in countries such as Haiti, Dominican Republic, Rwanda, Malawi and Chile. It is Walkabout Foundation’s first time in Pakistan, but these 300 wheelchairs, which are donated and delivered in conjunction with the Mahvash and Jahangir Siddiqui Foundation, is part of a larger project to collectively donate thousands of wheelchairs in the next few years to come”.

Mr. Ali J. Siddiqui, CEO Mahvash and Jahangir Siddiqui Foundation commented,“Such humanitarian efforts are the building stone of a prosperous society based on moral equality and quality living for people from all walks of life. He further added that, the Mahvash and Jahangir Siddiqui Foundation has always been in the forefront to support and initiate such endeavors”. The Mahvash and Jahangir Siddiqui Foundation is a not-for-profit organization that aims to provide healthcare, education and social enterprise through sustainable development to underprivileged members of society with a special focus on women, minorities, children and disabled individuals.

Mr. Richard E. Hoagland, Deputy Chief Mission US Embassy Islamabad appreciated the noble efforts of Walkabout Foundation, Mahvash and Jahangir Siddiqui Foundation and Special Talent Exchange Program (STEP). He also emphasized that they look forward to continue promoting such initiatives for the social development of the Pakistani society as a whole. Mr. Atif Sheikh,President Special Talent Exchange Program (STEP) also added,“this is a unique initiative in a way that persons with disabilities have been directly engaged throughout the process.
Mr. Ali Munir, a UK based private equity investor and entrepreneur commented, “It has been a pleasure introducing the Walkabout Foundation’s efforts to Pakistan, not least because of the quality of local NGO’s and partner organizations.” Mr. Munir commented that “there is no shortage of support or good will for the people of Pakistan and that the challenge for international donors and organizations is one of identifying credible counterparties.”

The Mahvash and Jahangir Siddiqui Foundation and JS Bank have been a strong advocate of various philanthropic activities in the past as well, including extensive relief efforts in the 2005 earthquake, 2008 IDP crisis and the 2010-11 floods.

11 November 2011 – Mahvash and Jahangir Siddiqui Foundation and JS Bank Flood Relief Operations – Phase 3

Mahvash and Jahangir Siddiqui Foundation and JS Bank have further responded in the third phase of their flood relief operations, to the severe flooding by providing immediate assistance to thousands of people whose livelihoods, homes, and belongings have been destroyed or severely damaged by the floodwaters. The focus of the foundation was again to provide medical services to all those who are suffering from infectious diseases. Mahvash and Jahangir Siddiqui Foundation and JS Bank supported the distribution of medicines and medically treated 25,976 patients from 14th- October – 2011 to 28th – October -2011 in the districts of Badin, Mirpurkhas, Thar, Tando Muhammad Khan and Tando Allahyar.

To extend care and support to the families displaced due to the recent flood in Sindh, Mahvash and Jahangir Siddiqui Foundation and JS Bank sent out its health team comprising of doctors, paramedical staff, dispensers and helpers along with its fleet of ambulances to provide assistance to the affectees.

The situation on ground in the worst affected areas of Sindh continues to be the same, with scaling up of aid to kick-start livelihoods being the major challenge. There is a dire need to minimize the damage which is currently being caused by the lack of basic healthcare and amenities. We hope to alleviate the pain and suffering of many through the efforts of the foundation and the generous donations of various kinds

13 October 2011 – Mahvash and Jahangir Siddiqui Foundation and JS Bank Flood Relief efforts underway in Sindh – Phase 2

In light of the massive ongoing floods that have engulfed our country, devastation and suffering are widespread; many have been rendered homeless without any food and water.  The Mahvash and Jahangir Siddiqui Foundation is a not-for-profit organization that is currently heavily involved in this challenging endeavor by providing assistance to the affectees of the massive flood. The Mahvash and Jahangir Siddiqui Foundation and JS Bank have been a strong advocate of various philanthropic activities in the past as well, including extensive relief efforts in the 2005 earthquake, 2008 IDP crisis and the 2010 floods.

Mahvash and Jahangir Siddiqui Foundation and JS Bank responded to the severe flooding by providing immediate assistance to thousands of people whose livelihoods, homes, and belongings have been destroyed or severely damaged by the floodwaters. In the second phase of flood relief operation, the primary area of focus of the foundation was to provide medical services to all those who are suffering from infectious diseases. Mahvash and Jahangir Siddiqui Foundation and JS Bank supported the distribution of medicines and medically treated 22,134 patients from 20th – September – 2011 to 3rd – October -2011 in districts of Badin, Sanghar, Nawabshah, Dadu and Khairpur districts as part of their Phase 2 of the flood relief campaign. The areas that were covered in phase 1 included Badin, Mirpurkhas, Thatta, Tando Muhammad Khan, Tando Allahyar and Mithi.

To extend care and support to the families displaced due to the recent flood in Sindh, Mahvash and Jahangir Siddiqui Foundation and JS Bank sent out its health team comprising doctors, paramedical staff, dispensers and helpers along with its fleet of ambulances to provide assistance to the affectees.

The situation on ground in the worst affected areas of Sindh continues to be the same, with scaling up of aid to kick-start livelihoods being the major challenge. There is a dire need to minimize the damage which is currently being caused by the lack of basic healthcare and amenities. We hope to alleviate the pain and suffering of many through the efforts of the foundation and the generous donations of various kinds.

26 September 2011 – Mahvash and Jahangir Siddiqui Foundation and JS Bank Flood Relief efforts underway in Sindh – Phase 1

In light of the massive ongoing floods that have engulfed the Sindh Province, devastation and suffering is widespread; many have been rendered homeless without any food and water. The Mahvash and Jahangir Siddiqui Foundation is a not-for-profit organization that is currently heavily involved in this challenging endeavor by providing assistance to the affectees of the massive flood. The Mahvash and Jahangir Siddiqui Foundation and JS Bank have been a strong advocate of various philanthropic activities in the past as well, including extensive relief efforts in the 2005 earthquake, 2008 IDP crisis and the 2010 floods.

The current flash floods unleashed by heavy monsoon rains have killed at least 342 people and injured over 630 since late last month, the majority of them in the province of Sindh. The floods have now affected over 7 million people and destroyed hundreds of thousands of homes across Sindh. 22 out of 23 districts of Sindh have been badly affected. More than 70% of the homes in villages and 30% in urban areas of Badin and Mirpurkhas have caved in, while the district has lost 70% of its crops.

Starvation, disease and weakness are widespread and the threat of infections is becoming increasingly intense. Amongst this diarrhea, malaria and water borne diseases are the highest. There is a dire need to minimize the damage which is currently being caused by the lack of basic healthcare and amenities. The primary area of focus of the foundation is to provide food, water and medicine to all those affected.

To extend care and support to the families displaced due to the recent flood in Sindh, Mahvash and Jahangir Siddiqui Foundation and JS Bank sent out its health team comprising doctors, para-medical staff, dispensers and helpers along with its fleet of ambulances and food rations for more than 3,000 families, to provide assistance to the affectees. To date, medical attention to 10,229 patients along with food rations, water and basic medical supplies have been provided to an estimated 17,500 people in the affected areas which should last them for a period of 8-10 days. The areas that were covered in the initial phase from 3rd September to 12th September included Badin, Mirpurkhas, Thatta, Tando Mohammed Khan, Tando Allahyar and Mithi and the next phase will cover areas of Sanghar, Nawabshah, Dadu and Khairpur districts.

The situation is undoubtedly much worse than imagined as the number of effected people is overwhelming as opposed to the relief efforts that have been carried out. A lot needs to be done and urgent help is required. We hope to alleviate the pain and suffering of many through the efforts of the foundation and the generous donations of various kinds.