First Pak Modaraba Recommends Dividend for the Year Ended June 30, 2017
October 08, 2017
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First Pak Modaraba at their board of directors meeting on October 6, 2017 recommended a cash dividend for the year ended June 30, 2017 of PKR 0.17 or 1.7%.
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.