Inactive Instrument

First Pak Modaraba

PAKMI

PK0048301011

Investment Management & Fund Operators

First Pak Modaraba Announces Financial Results for the Quarter Ended March 31, 2017

May 03, 2017 at 12:59 am

First Pak Modaraba announced financial results for the quarter ended March 31, 2017. For the quarter, the company reported profit of PKR 537,016 or PKR 0.04 per basic and diluted share.

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First Pak Modaraba is a Pakistan-based multipurpose, perpetual and multidimensional Modaraba. The Modaraba is engaged in various modes of Islamic fundings and businesses, which include ijarah financing, deployment of fund in Musharakah, morabaha and investment in securities. The Company's products include Ijarah, Musharakah, Morabaha, Diminishing of Musharaka, Salam and Istisna.

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