T&T: +880-02333313366-9
Email: info@islctg.com

Company Profile

About Island Securities Ltd.

Island Securities Ltd. (ISL) is a prominent brokerage firm in Bangladesh, with a rich history dating back to the inception of the Chittagong Stock Exchange (CSE).

Founding and Early Years

ISL commenced operations on October 10, 1995, aligning with the inaugural trading day of the CSE. The company was founded by Mr. Mohammed Mohiuddin, FCMA, a distinguished pioneer in the country's financial sector. Mr. Mohiuddin played a key role as a sponsor and founding board member of the CSE.


Since 1972, he has served the ICMAB in various capacity both regional and national level, including three terms as Vice President and ultimately as President in 1995. His professional background also includes senior management roles such as Audit Manager and Purchasing Manager at Glaxo Bangladesh Ltd. (now GlaxoSmithKline), and Deputy Managing Director of the Azim Group.


ISL was registered as a Private Limited Company on 10 January 1996, with an initial paid-up capital of Tk. 2.5 million. Over the years, the company's capital base has grown significantly, reaching Tk. 299 million.

Expansion and Services

In June 2008, ISL expanded its operations by acquiring membership of the Dhaka Stock Exchange Ltd. (Membership No. 106), thereby extending its brokerage services to a broader clientele. The company offers a comprehensive range of services, including brokerage and dealership, and has embraced technological advancements to meet evolving client expectations.


In June 2024, ISL launched an Online Management System (OMS) to facilitate efficient and paperless transactions, enhancing convenience and operational efficiency.

 

ISL is a pioneer among brokerage houses, having opened its first branch — Sha Amanath Branch in Chattogram — in 2009. Today, ISL operates 34 branches and digital booths across major district and sub-district including Dhaka, Chattogram, Noakhali, Khulna, Sylhet, Barishal, Rajshahi, and Mymensingh.

 

ISL holds stock broker, dealer, and CDBL full Depository Participant (DP) licenses, underscoring its robust infrastructure and commitment to comprehensive capital market services.

 

ISL’s greatest asset is its team of 180 manpower—all of whom began their careers at ISL with no prior experience. These employees receive robust, hands-on training in both theoretical and practical aspects of capital market operations. This comprehensive development framework enables staff to excel, often preparing them to take on high-level roles. Many ISL alumni have gone on to senior positions at other organizations.  ISL takes pride in its skilled and competent employees

Chairman's Message

We are one of the dedicated brokers of both Dhaka and Chittagong Stock Exchange. We have branches and digital booths all over the country. I am one of the Founding Director of CSE. Since 1995 I have been trying to educate investors disseminating views on Newspaper, TV channel, Youtube, publishing book etc. etc. Have conducted many training session at Chittagong, Dhaka, Khulna. I have been pursuing Govt. to include Capital market education in our school/college/university curriculum. I love investing community and have been trying to educate them using all possible means. My YouTube channel – “Island Securities Ltd.” is very popular. Real share business is something different than what our investors have being doing. Most of them are day traders. Investor can earn higher return if they invest in growth company’s shares for longer period. Investing in share market is a discipline which can be learned by education, training and practice. Country as whole, we lack facilities for that. But process has stated under the initiative of BSEC. Institutions under BSEC are BICM website: https://bicm.ac.bd/ and BASM Website: https://basm.org.bd/. For details one can visit these two website. learning on investing is never ending process. It is lifelong venture. Financial Literacy Program as per gazette date 26th December 2016 need to be implemented religiously. BASM is established under the same gazette. BICM and BASM has delivered effective training and service to educate investors, broker house, officials and directors.

Mohammed Mohiuddin,FCMA
Chairman B.Com (Hon's), M.Com (Accounting), FCMA
Island Securities Limited.

Organizational Structure

The Corporate Office is organized into the following departments: Corporate Support, Human Resources (HR), Accounts, Compliance, Research & Publications, Information Technology (IT), CDBL , Corporate Trade.

Trade Zone – Dhaka Zone.
Chattogram Zone.

Leadership & Management

Mr. Mohammed Mohiuddin FCMA, Chairman of Island Securities Limited, was born in an off-shore Island... Read More

Mr. Mohammed Mohiuddin FCMA, Chairman of Island Securities Limited, was born in an off-shore Island “HATIYA” under the district of Noakhali on 2nd August 1946. He is the son of Late Moulobi Monabbar Uddin and Late Mymuna Khatun. Mr. Mohammed Mohiuddin FCMA did his honours in Commerce and Masters in Accounting from Dhaka University in the year 1967 and 1968 respectively. He took his professional degree in Cost and Management Accounting in 1971 from Pakistan Institute of Industrial Accountants. He has been elected as fellow of ICMAB in 1979. Mr. Mohiuddin had been associated with ICMAB as Branch Council Secretary, Branch Council Chairman and Member National Council for three terms (1979-1989). Prior to his election as President of the National Council of ICMAB he was Vice-President for the year 1993-1994. He was one of our successful instructors of Chittagong Centre (1972-1987). Mr. Mohiuddin has wide range of multidisciplinary experience over long 55 years. While working for Glaxo Bangladesh Ltd. (1970-1987) he had held the post of Cost Supervisor (1970-1972), Cost Accounts Officer (1972-1975), Sr. Accounts Officer (1975-1979), Audit Manager (1979-1981), Purchasing Manager (1981-1987). He also worked for a short period at Beximco Group as Finance Manager of their construction company, Soiltech International Ltd. In late 1988 Mr. Mohiuddin joined Azim Group, a renowned Garment Manufacturer and Exporter, as General Manager. Worked at their Sweater Factory, Global Knit-Wear Limited (1988-1990). Since January 1991 he has been working as Executive Director (Finance & Administration) of the same group. He retired from Azim Group in June 2005 and joined family business. Currently he is working as the Chairman of Island Securities Ltd and BLP Warm Fashion Ltd. Mr. Mohiuddin presented many papers at different ICMA Seminars, SAFA Seminars, contributed many articles which were published in our journal. He also represented ICMAB in CAPA Conference, Australia, SAFA Conference in Sri Lanka, India, Nepal and Pakistan. Mr. Mohiuddin is an active member of various social organizations. He was District Chairman in the district cabinet of Lions Club International 315-B2, Bangladesh. He was President of Lions Club of Chittagong Progressive. Mr. Mohiuddin is the author of capital market related two books one is “Share Bajar Jiggasha” – a best-selling book that addresses common questions and provides valuable insights into the capital market. And another is “Pujibazar Bisleson” – a comprehensive guide focused on capital market analysis. Mr. Mohiuddin has dedicated himself to improve the quality of Industrial Management in Bangladesh. He strongly believes innovativeness is the key to success in every sphere of Industrial Management. He teaches us to be better than before, to be better than yesterday, be proactive. It is much safer and productive than reactive. Read Less

Mohammed Nakeem Uddin Nishad

Mohammed Nakeem Uddin Nishad

Managing Director

Mohammed Nakeem Uddin Nishad, born on December 10, 1978, in Chittagong, Bangladesh, is a distinguish... Read More

Mohammed Nakeem Uddin Nishad, born on December 10, 1978, in Chittagong, Bangladesh, is a distinguished business leader with over two decades of extensive experience in the garment sourcing, manufacturing, and export industry. He is currently serving as the Managing Director of BLP Warm Fashion Ltd, one of the prominent garment export companies in Bangladesh, and also holds the positions of Managing Director at Island Securities Ltd and Director & CEO of Atex Associates Ltd. Mr. Nakeem’s professional journey began with rigorous training at ACNABIN, Bangladesh’s renowned CA firm, from 1999 to 2003. He successfully passed the CA Intermediate exams in 2004, which laid a solid foundation for his illustrious career. His academic background includes passing the Secondary School Certificate (S.S.C) in 1993 from Shah Oliullah Institute, securing his Higher Secondary Certificate (H.S.C) in 1995 from Chittagong College, and earning a B.Com degree from Govt. Commerce College in 1998. His entrepreneurial career is marked by a strategic focus on global markets. He manages deep relationships with North American and European garment buyers, overseeing a network of 14 to 15 sweater factories. Under his leadership, his company achieved a turnover of approximately USD 4 million in 2017. His keen understanding of international markets and quality standards has enabled his organization to expand into new territories, including a significant push into the Chinese clothing market. Internationally, Mr. Nakeem frequently visits to the United States for business development, along with regular trips to Poland, China, Hong Kong, Saudi Arabia, Thailand, and Spain. These international engagements have enhanced his global network and provided valuable insights into emerging trends and market demands. His personal life is rooted in Chittagong, where he resides with family members. Mr. Nakeem’s strategic vision, combined with his professional expertise and extensive international exposure, positions him as a key influencer in Bangladesh’s garment export sector, with ongoing efforts to expand his business footprint globally. Read Less

Mohammed Nayeem Uddin

Mohammed Nayeem Uddin

Shareholder

Hazara Khatun

Hazara Khatun

Director (Non Executive)

Dr. Mohammed Enamul Hoque

Dr. Mohammed Enamul Hoque

Director (Non Executive)

Mission

ISL's mission encompasses:

To keep our investors and prospective investors informed about the capital market.

To expand our operational network beyond Chittagong and Dhaka City.

To popularize internet trading both domestically and internationally.

To provide superior service to our valued clients.

To maximize the profitability of funds invested through us by offering sound advice on risk management and building high-yield portfolios.

To establish ourselves as the preferred broker across generations.

To leverage the latest available IT to achieve a paperless office environment.

To uphold and enhance the reputation of the brokerage profession in Bangladesh.

To take initiatives aimed at improving the image of Bangladesh's capital market.

To collaborate with CSE, DSE, and SEC in upgrading capital market-related rules and regulations.

To encourage expatriates to invest in the capital market.

To ensure our company remains a fully compliant broker of both DSE and CSE.

Vision

The company's vision is to sustain operations for over a century and transition into a publicly listed company in the future.

Community Outreach & Educational

ISL is actively engaged in community development and investor education initiatives. The company has published two notable books:

“Share Bajar Jiggasha” – a best-selling book that addresses common questions and provides valuable insights into the capital market.

“Pujibazar Bisleson” – a comprehensive guide focused on capital market analysis.

In addition to these, ISL also publishes “Island Barta” and “Sanchai”, further enriching its educational offerings. ISL contributes regularly to investor education through its YouTube channel, sharing informative content to enhance financial literacy. The company also conducts free online and offline training sessions for clients, aimed at strengthening investor knowledge and confidence.


As part of its corporate social responsibility (CSR) efforts, ISL organizes online and offline public awareness sessions on various topics, demonstrating its commitment to building an informed investor base and a financially aware community across Bangladesh.


ISL has also signed a Memorandum of Understanding (MoU) with the University of Science and Technology to promote capital market education and research. Island Securities Ltd. stands as a testament to sustained growth and commitment to excellence in Bangladesh's capital market, continually adapting to meet the evolving needs of investors and the financial industry.

Contact Information

Corporate Office: Faruk Chamber (4th & 6th Floor), 1403 Sk. Mujib Road, Agrabad, Chattogram, Bangladesh

Phone: 880 1730-702161

Email: islandctg@yahoo.com / islcompliance@gmail.com

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