Bashir Shaikh Memorial Trust

About Shoaib Ahmed Shaikh

Shoaib Ahmed Shaikh is a Pakistani powerhouse who has made a name for himself in the world of business, technology, and media. As the CEO of Axact, a leading IT firm, and BOL, a globally renowned media organization, Shoaib has left an indelible mark on the world. Although he may not carry a title of power and influence, he stands as an unsung hero in the eyes of many..

Hailing from a middle-class background, Shoaib's story is one of determination and resilience. Born on April 17, 1971, he founded Axact in 1997 and through sheer hard work and innovation, turned it into a company with a net worth of over $20 billion. He then went on to create BOL, a media giant boasting 250 channels in 16 languages, 50 million users, and 10 billion monthly views..

But, Shoaib's philanthropic endeavors are what truly set him apart. He leads and finances a self-sustaining welfare trust called Aik Allah Kaafi Hai, which receives 65% of his company's income and helps the people of Pakistan. Despite his impressive achievements, Shoaib remains grounded and connected to his community, leading with a compassionate hand.

Shoaib's rise to the top is a testament to his drive and determination, but his commitment to giving back is what makes him truly remarkable. He stands as a shining example of what it means to be a successful entrepreneur, a technological trailblazer, and a media magnate with a heart.

Shoaib Ahmed Shaikh

BSMT – In The Loving Memory Of Shoaib Ahmed Shaikh’s Father

Bashir Ahmed Shaikh was a man of many hats - a devoted lawyer, a loving father, and a respected community member. He held the title of Vice President at the Sindh High Court Bar Association, and served as the principal at Islamia Law College. But, what made him truly remarkable was his unwavering dedication to the legal field and his country.

Mr. Bashir was a role model for many, including his son Shoaib Ahmed Shaikh. In his honor, Shoaib founded the Bashir Shaikh Memorial Trust (BSMT), a testament to his father's legacy and the impact he had on those around him.

People often talked about Mr. Bashir's impeccable integrity and his unwavering commitment to justice. He was a champion and never backed down from a challenge. He was known for his unwavering courage and his ability to bring people together.

Mr. Bashir's legacy lives on through the BSMT, which continues to make a difference in the lives of many. He remains an inspiration to all who knew him, a shining example of what it means to be a true servant of the law and of society.

The BSMT continues Mr. Bashir's legacy by working for the welfare of legal professionals. The Trust intends to recruit and support members of the legal fraternity by offering a range of unmatched benefits that cater to their needs. The three initiatives undertaken by the BSMT are:


The Bashir Shaikh Memorial Trust (BSMT) recognizes the importance of financial security for legal professionals and their families. To provide peace of mind, the Trust has established a Life Insurance Coverage Policy for its members. As part of this program, 1,000 lucky members will receive a free life insurance policy worth up to 1 million rupees.

To ensure fairness, a Nomination Panel was put in place to oversee the selection process, which involved nominations and voting. The BSMT is committed to ensuring that its members have the financial stability they need in the event of an accident, so they can focus on their work and personal lives with peace of mind.

The Procedure for Filing a Claim on Life Insurance

The process for filing a claim on the BSMT Life Insurance Policy is simple and straightforward. If a BSMT member passes away, their family can follow these steps:

  • Contact the BSMT office: The family should reach out to the BSMT office to initiate the claim process.
  • Provide necessary documents: The nominee must bring the deceased member's BSMT membership card, the Death Certificate, and their original CNIC.
  • Verification process: BSMT will verify the member's information to ensure everything is in order.
  • Collection of insurance payment: Upon completion of the verification process, BSMT will contact the family to collect the insurance payment.

The BSMT is committed to making this process as seamless as possible for its members and their families, providing financial support in their time of need.


The Trust is on a mission to open up new doors of employment for legal experts in the global market. In this digital age, the legal field is no longer confined to a specific location. Lawyers can now provide their services to clients from anywhere in the world. This presents a fantastic opportunity for the Pakistani legal community to reap the financial rewards of this trend. The Trust has meticulously crafted this plan to make sure it succeeds in its goal.


The BSMT provides its members with a private office space for conducting meetings with clients, investigating cases, and handling official work. Members have access to three key features through Advospace®:

  • Receiving mail and correspondence
  • Receiving mail and correspondence
  • Scheduling time slots for meetings to make use of these features, members must provide their Communication ID to clients, correspondents, and those who may need to send them mail or schedule a call at the BSMT office.

To reserve time slots, members need to follow a simple protocol

  • Log in with their username and password
  • Access the Member Area
  • Go to the Facility Reservation page

Check availability and secure a slot these three applications were designed by BSMT to streamline the lives of its members and showcase the exceptional level of service they offer.

Shoaib Ahmed Shaikh's Background, Education, and Personal Life

Shoaib Ahmed Shaikh hails from Karachi, Pakistan, where he was born and raised. He excelled in both academia and extra-curricular activities, earning an MBA with a gold medal from the IBA Business School in 1997. Besides business, Shoaib was passionate about various interests such as swimming, chess, and architecture. His achievements include winning the 1992 Sindh swimming championship in breaststroke, emerging victorious in the 1996 IBA chess challenge, and serving as the lead architect on projects such as Axact House, GalAxact, BOL Media Group HQ, and others. His diverse investments have not only helped him improve his own lifestyle, but also that of his employees and their families. Shoaib comes from an accomplished family, with his father Bashir Ahmed Shaikh being a well-known lawyer and the principal of Islamia Law College. Shoaib is married to Ayesha Shaikh and they have a beautiful family of three children - two daughters and a son. He places great importance on family, friends, and employees, and believes that they are the cornerstone of building a successful business empire.

Shoaib Ahmed Shaikh as CEO of Axact

Shoaib Ahmed Shaikh established IT firm Axact in 1997, a year after he finished his MBA. At the time, Pakistan was just starting to realize the potential of the IT sector, but Shoaib had a clear vision for the company's future and turned it into a leading global organization with a net value of $20 billion. Axact has a global reach, operating in 120 countries across 6 continents and 1300 cities, employing over 45,000 people. The company offers more than 23 exceptional products through its 10 business units, serving 2 billion users and 40 million dedicated customers worldwide. In 2014, Axact was responsible for 82% of Pakistan's total IT exports, which amounted to USD 355 million.

Shoaib Ahmed Shaikh as CEO of Bol

Shoaib Ahmed Shaikh serves as the CEO of Bol, a leading media group that combines local journalism and business through innovative initiatives. With a vast network of over 250 channels in 16 different languages and a subscriber base of 50 million, Bol has earned worldwide recognition, having received 10 billion views. Shoaib Ahmed Shaikh plays a critical role in Bol's innovative drive, overseeing the only media group in the world where former Pakistani presidents and a former prime minister host news programs. For instance, General Parvez Musharraf presents "Sab Se Pehle Pakistan," Asif Ali Zardari hosts "Pakistan Khappay," and Imran Khan Anchors "Naya Pakistan." Bol News also regularly features interviews with ambassadors from various nations and has the current chief ministers of each province on its show "Meray Soobay Ka Wazir-e-Aala." During these appearances, the chief ministers address the challenges in their regions, provide updates on current events, and share information with the audience.

Bol has revolutionized the media sector in Pakistan by building the world's largest media infrastructure, which includes over 33 state-of-the-art broadcasting studios. As the first mainstream media organization in Pakistan to broadcast in major regional languages such as Sindhi, Pashto, Balochi, and Punjabi, as well as international languages like English, Arabic, Chinese, Russian, Spanish, and French, Bol continues to raise the bar in the industry.

Bol News - Pakistan’s No.1 News Channel

Bol News is Pakistan's leading news channel, distinguished by its vast reporting team and bureaus located across the country and the world. Bol News offers the most innovative and engaging programming in the region, including shows hosted by former Presidents Pervez Musharraf and Asif Ali Zardari. Their programs "President Musharraf Show" and "Pakistan Khappay" have set new viewership records. The channel also features "Naya Pakistan," hosted by opposition leader Imran Khan, and regular interviews with ambassadors, making Bol News the most-watched news channel in Pakistan.

Bol Entertainment - Pakistan's No.1 Entertainment Channel

Bol media group launches Bol entertainment Pakistan’s leading entertainment channel. With top-notch, wholesome content that caters to all tastes and ages, this channel is set to blow your mind. From captivating dramas to hilarious comedies, BOL Entertainment promises to keep you on the edge of your seat. Get ready for a viewing experience that's out of this world with Pakistan’s no.1 entertainment destination, BOL Entertainment!

Bol Publication – Pakistan’s No. 1 Publication

BOL Publications, the leading publication company in Pakistan, has established new benchmarks in the print industry by providing a diverse range of publications, such as business magazines, newspapers, fashion diaries, and academic journals. BOL Publications distinguishes itself by presenting visually appealing designs, precise text, and easily comprehensible information. BOL's editorial team, consisting of renowned professionals and exceptional op-ed writers, delivers compelling, insightful, and captivating content that surpasses its rivals. As a result, BOL Publications has earned a global reputation for its high-quality publications.

Shoaib Ahmed Shaikh – A Philanthropist

Shoaib Ahmed Shaikh remains mindful of the less privileged even as he achieves personal success, and he consistently contributes to society. He sets a remarkable standard by directing 65% of his profits to self-sustaining programs that drive socio-economic growth. These initiatives target various areas such as education improvement, food and shelter provision, healthcare advancement, and legal assistance. Shoaib's dedication to enhancing society through his philanthropic activities is truly impactful.

Aik Allah Kaafi Hai – A Helping Hand

Shoaib Ahmed Shaikh's philanthropic endeavors include his leadership of the Aik Allah Kaafi Hai Trust, a self-sustaining development program that he established and currently chairs. The trust's objective is to enhance fundamental amenities throughout the country, with a particular emphasis on providing excellent education, food and shelter, healthcare, and legal services. Shoaib's vision is to help make Pakistan a prosperous nation, and the trust is actively engaged in pursuing this goal through initiatives in the following four sectors:


Shoaib Ahmed Shaikh's philanthropic endeavors include his leadership of the Aik Allah Kaafi Hai Trust, a self-sustaining development program that he established and currently chairs. The trust's objective is to enhance fundamental amenities throughout the country, with a particular emphasis on providing excellent education, food and shelter, healthcare, and legal services. Shoaib's vision is to help make Pakistan a prosperous nation, and the trust is actively engaged in pursuing this goal through initiatives in the following four sectors:


The Aik Allah Kaafi Hai Trust (AAKH Trust) has already implemented a successful initiative aimed at providing judicial assistance to the people of Pakistan. The program's objective is to increase accessibility and transparency in the legal system throughout the entire nation, with a particular focus on cases with a maximum value of Rs. 300,000. The first phase of the program has been completed, resulting in the activation of free judicial services across the entire province of Sindh. The next phase of the program will see the service extended to other provinces, including even the most remote areas, to ensure that all individuals have access to free justice. The AAKH Trust is actively building a legal team composed of professionals to ensure that justice is served promptly and accurately. Anyone can request free legal assistance for cases with a maximum value of Rs. 300,000 through the AAKH Trust.


The Aik Allah Kaafi Hai Trust (AAKH Trust) also aims to provide superior healthcare plans to ensure that high-quality healthcare is easily accessible to every individual in Pakistan through the use of advanced automated systems. The trust recognizes the significance of preventive healthcare and intends to educate Pakistani children on this matter, enabling them to share their knowledge with their families and help them avoid up to 80% of common health problems.

Additionally, the trust aims to provide at least 90% of all basic medications to individuals free of charge. To enhance the healthcare system further, the trust intends to introduce new and improved hospital management systems capable of facilitating online consultation. This will enable patients in Pakistan to communicate more effectively with foreign physicians and further improve the overall healthcare experience.

Shoaib Ahmed Shaikh – Epitome Of Success

The accomplishments of Mr. Shoaib Ahmed Shaikh are a clear demonstration of his unwavering commitment and perseverance. He is an excellent source of inspiration for numerous individuals and has left an indelible impression on the lives of many through his programs and initiatives. Mr. Shaikh's unwavering dedication to enhancing the welfare of the legal community, as well as his fervent desire to uplift people's lives through his efforts, is truly praiseworthy. It is remarkable to witness how his visionary leadership and persistent pursuit of excellence have led to phenomenal success and positively impacted society.