PMRC was invited by IBA to present Islamic products at the World Islamic Finance Forum held on 31st May 2022 in Karachi. The participants showed keen interest in the innovative structures of PMRCs refinancing products as well as Risk Sharing Facility and Sukuk. The participants appreciated the role of PMRC in the development of low-cost mortgage markets and fixed-rate capital markets.
Mr. Mudassir H. Khan participated in the IFC – Housing Finance Webinar held on 21 September 2021. The webinar session briefed the participants on assessment of target customer segmentation catered towards housing finance needs for low & middle-income segments in Pakistan.
Mr. Mudassir shared his valuable insight on market potential and available opportunities of housing finance in the country. During the Q/A session, he enlightened the participants about PMRC’s critical role in the industry along with its experience in enabling housing finance accessible and affordable for low & middle-income groups
Mr. Mudassir H. Khan, Managing Director/CEO, PMC participated in the Annual Microfinance conference 2021, organized by the Pakistan Microfinance Networks. The objective of the conference was to provide a platform to all stakeholders such as microfinance providers, financial service providers involved in financial inclusion (like banks, digital financial service providers, FinTechs, and insurance companies), donor agencies, policymakers, regulators, development agencies and government authorities to discuss ways to broaden the horizons of the microfinance industry.
Mr. Mudassir shared his views in the conference regarding the new funding paradigm for Microfinance Industry.
PMRC hosted a session on August 12, 2020 with participants from major Insurance Companies of Pakistan along with representatives from Banks. The purpose of the meeting was to discuss Mortgage/housing related insurance products that are currently available in the market and products that are internationally available but not offered in Pakistan. Thus the session was aimed at strengthening the mortgage market in Pakistan by offering new insurance product that provide insurance cover in case of temporary loss of income which can be due to partial disability, job loss etc. to the mortgagees specially for the low income segment which is a vulnerable segment to absorb the economic shocks.
Session was chaired by Mr. Mudassir.H.Khan, CEO PMRC and attended by senior management officials of PMRC, Habib Bank Limited, United Bank Limited, National Bank of Pakistan, M/s. EFU Insurance Company, Adamjee Insurance Company, IGI Insurance Company, Jubilee Insurance Company, Atlas Insurance Company, TPL Insurance Company and Unique Insurance Brokers.
Mr. Mudassir said that the product will not only give PMLs the required confidence in the housing sector but will also serve as a medium to safeguard the end consumer from risk of default. Attendees appreciated PMRC’s proposal and said that besides adding a new product to insurance sector, it will play a vital role in development of housing finance market which will facilitate Government’s efforts in fostering the housing sector.
As an outcome, a committee comprising of insurance industry experts and bank officials has now been formulated which will come up with a product to cater the need of the market.
For the promotion of housing finance companies as a source of developing housing sector in Pakistan, a conference for NBFI & Modaraba Association of Pakistan members was organized by Pakistan Mortgage Refinance Company (PMRC), Securities and Exchange Commission of Pakistan (SECP) and NBFI & Modaraba Association of Pakistan on 3rd February 2020 in Karachi.
The conference was a major success where PMRC witnessed considerable interest from the association members towards the promotion of housing finance.
Link to the Business Recorder article: https://www.brecorder.com/2020/02/04/567717/conference-on-promotion-of-hfcs-for-housing-finance-held/
Mr. Mudassir H. Khan participated as a panelist at the two-day conference jointly organized by Karandaaz Pakistan, Asian Development Bank Institute Japan, and Pakistan Resident Mission of Asian Development Bank on 25-26th November 2019 in Islamabad.
The conference shared views on innovative Financing. Mr. Mudassir deliberated on the challenges and opportunities in building a sustainable housing finance market.
M/s. Red Money Events. Malaysia, in collaboration with State Bank of Pakistan has organized an event with the name of ‘IFN Pakistan Forum 2019’ The purpose of this event was to bring together industry experts to build and develop the Islamic finance and Insurance industry in Pakistan for the future. The event offered participants a holistic view of latest Islamic financial Industry trends in succinct one day Program format, in which they have invited Sponsors, speakers and attendees across the financial industry of Pakistan.
PMRC has sponsored as a Partner to this unique forum and Mr. Omair Farooqui, CFO & Group Head Operations, PMRC has enlightened the industry of our efforts to promote finance on Islamic mode.
Mr. Mudassir H. Khan, MD/CEO, PMRC had participated as a guest speaker in the L.I.F.T Pakistan Conference 2019. L.I.F.T Pakistan conference was designed to connect the most innovative Pakistani startups, SMEs and Universities with their Founders, specifically for showcasing Pakistan’s true assets i.e., Startups, SMEs and Universities.
Mr. Mudassir H. Khan (MD/CEO) of PMRC participated as a guest speaker in the session on ” Strategy of Pakistan Mortgage Refinance Company ” held on November 5, 2019 at the Institute of Business Administration (IBA), Karachi.
See the ‘Letter of Participation’ from Institute of Business Administration (IBA), Karachi 
Training workshop on Environmental and Social Risk Management (ESRM) in Housing Finance; organized by PMRC in collaboration with World Bank Group on 19 – 20th September, 2019.
