Professional Documents
Culture Documents
Successfully. First of all I would like to thank our Allah Almighty who
really helps me in every problem during the project. I would like to
express my sincere and humble gratitude to Almighty who’s
Blessings, help and guidance has been a real source of all my
achievements in my life.
I would like to admit that I completed this project due to parents who
pray for my success.
The research techniques that are adopted for the purpose of this study are as
follows:
Internet Search
• www.igcpk.com
Limitation
One of the major limitation while carrying our this research was the lack of
cooperation
Today the world is defined by the term’ information Age’. All businesses, both
large and small, require effective and efficient business communication solutions
in order to continuously meet their customer expectations and attain a
competitive advantage, and therefore are successful. Whether a company is
large or small it is realized that, the right amount of financing, materials, talent,
and experience are not enough to succeed without a good communication
system in place that enables smooth transaction sealing. Communication is at
the heart of regional and international integration.
The “IBRAHIM FIBER LIMITED” started with a cloth trading business in the
industrial city of Faisalabad. Late Haji Sheik Mohammad Ibrahim, founder of the
Ibrahim Group.
The Mission Statement is “To build the company on the sound financial footing
with better productivity, excellence in quality and improved efficiency at lower
operating costs by utilizing blend of state of the art technologies”. Ibrahim Group
acquired Allied Bank Limited, one of the five largest commercial banks in
Pakistan under the scheme of re-construction of the Bank’s capital undertaken by
The State Bank of Pakistan. The objective of IFL is profit earning & growth
through effective communication.
Ibrahim build strong culture & discipline character. Have Friendly environment
within organization & professional outlook that shows their good repute & image.
Ibrahim industry has strong interdepartmental communication. In future Ibrahim
Fiber Limited enhance their communication patterns & implement IT technology
to enhance effective communication.
INTRODUCTION
The group started with a cloth trading business in the industrial city of
Faisalabad. Late Haji Sheikh Mohammad Ibrahim, founder of the Ibrahim Group,
settled in Fasialabad after partition of India in 1947 and re-established his
ancestral business of cloth trading by the name of “Ibrahim Agencies”. What is
known in business today as Ibrahim Group with diversified business interests
from Spinning to PSF, Financial Institutions to Banking and Energy, started off as
a mere cloth trading agency just half a century ago.
It was middle of the fifties, when Sheikh Mukhtar Ahmed, present Chairman of
the group, joined in this family business. It was then, that he took initiative
additional line of business. Turning out to be a milestone in the future progress, it
did not take long before the group was widely reputed and respected in
marketing of cotton and blended yarns.
The Group diversified into the financial services by floating First Ibrahim
Modaraba and also established a leasing company; Ibrahim Leasing Limited.
Subsequently First Ibrahim Modaraba was merged into Ibrahim Leasing Limited.
Upon declaration of the privatization policy by Government of Pakistan, Ibrahim
Group together with other leading groups participated in the bidding to acquire
controlling shares of Muslim Commercial Bank Limited..