Inactive Instrument

KASB Modaraba

KASBM

PK0042001013

Investment Management & Fund Operators

KASB Modaraba Announces Executive Changes

March 07, 2017

KASB Modaraba announced the appointment of Mr. Syed Shahid Owais as Chief Financial
Officer and Company Secretary of the company with effect from March 01, 2017, in place of Mr. Aftab Afroz Mahmoodi.

Latest news about KASB Modaraba

KASB Modaraba Reports Earnings Results for the Third Quarter and Nine Months Ended March 31, 2023	27/04/23	CI
KASB Modaraba Reports Earnings Results for the Second Quarter and Six Months Ended December 31, 2022	27/02/23	CI
KASB Modaraba Reports Earnings Results for the First Quarter Ended September 30, 2022	27/10/22	CI
KASB Modaraba Reports Earnings Results for the Full Year Ended June 30, 2022	19/10/22	CI
KASB Modaraba Reports Earnings Results for the Third Quarter and Nine Months Ended March 31, 2022	30/04/22	CI
KASB Modaraba Reports Earnings Results for the Second Quarter and Six Months Ended December 31, 2021	02/03/22	CI
KASB Modaraba Reports Earnings Results for the First Quarter Ended September 30, 2021	26/10/21	CI
KASB Modaraba Reports Earnings Results for the Full Year Ended June 30, 2021	27/08/21	CI
Kasb Modaraba Reports Earnings Results for the Third Quarter Ended March 31, 2021	30/04/21	CI
Kasb Modaraba Reports Earnings Results for the Second Quarter Ended December 31, 2020	23/02/21	CI
KASB Modaraba Announces Change of Company Secretary	28/12/20	CI
KASB Modaraba Announces Board Changes	09/11/20	CI
Kasb Modaraba Reports Earnings Results for the First Quarter Ended September 30, 2020	29/10/20	CI
Kasb Modaraba Reports Earnings Results for the Full Year Ended June 30, 2020	24/09/20	CI
Kasb Modaraba Reports Earnings Results for the Third Quarter Ended March 31, 2020	27/04/20	CI
Kasb Modaraba Reports Earnings Results for the Second Quarter Ended December 31, 2019	27/02/20	CI
KASB Modaraba Reports Earnings Results for the Full Year Ended June 30, 2019	28/10/19	CI
Kasb Modaraba. Reports Earnings Results for the Third Quarter Ended March 31, 2019	30/04/19	CI
Kasb Modaraba. Reports Earnings Results for the Second Quarter Ended December 31, 2018	25/02/19	CI
KASB Modaraba Reports Unaudited Earnings Results for the Quarter Ended Sept. 30, 2018	30/10/18	CI
KASB Modaraba Reports Earnings Results for the Year Ended June 30, 2018	02/10/18	CI
KASB Modaraba Appoints Aftab Afroz Mahmoodi as Chief Financial Officer with Effect from July 23, 2018	23/07/18	CI
Kasb Modaraba Announces Unaudited Earnings Results for Third Quarter and Nine Months Ended March 31, 2018	24/04/18	CI
KASB Modaraba Announces Unaudited Earnings Results for the Second Quarter and Six Months Ended December 31, 2017	27/02/18	CI
KASB Modaraba Announces Management Changes	02/11/17	CI

KASB Modaraba is a Pakistan-based non-bank Islamic financial institution. The Company offers Islamic financial products, which include Ijarah, Musharaka, Murabahah, and Diminishing Musharaka. The Ijarah is an Islamic alternative of leasing and refers to the transfer of benefits and use of an asset by the owner (lessor) to the (kasb modaraba) lessee at an agreed rent for an agreed period of time. The Company provides financing under the Musharaka arrangement by entering into trading partnerships with credible business firms dealing mainly in commodities, on a transaction-to-transaction basis or on a roll-over basis, on a mutually agreed profit-sharing ratio. Its product Murabaha is a particular kind of sale where the seller discloses to buyer, cost of goods sold and his profit margin. Diminishing Musharaka allows equity participation and sharing of profits on a pro-rata basis. Through this mode the Company keeps on reducing its equity in the project.

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