First Habib Modaraba (PSX: FHAM)
Pakistan flag Pakistan · Delayed Price · Currency is PKR
16.14
-0.10 (-0.62%)
At close: Nov 15, 2024

First Habib Modaraba Company Description

First Habib Modaraba engages in the leasing, financing, and other related businesses in Pakistan.

The company offers Diminishing Musharaka, a Musharaka with an additional feature of decreasing ownership of one party.

Its financial services also include Murabaha, a non-participatory mode of Islamic financing; consumer auto car financing solution; financing for solar power equipment; Salam, a contract of sale where the seller undertakes to supply some specific commodity to the buyer at a future date in exchange for a price fully paid in advance; and Istisna, a contract with a manufacturer to make something or a contract on a commodity on liability with the provision of work.

In addition, the company offers Musharaka, a certificate of investment. First Habib Modaraba was founded in 1985 and is headquartered in Karachi, Pakistan.

First Habib Modaraba
Country Pakistan
Founded 1985
Industry Banking Services
Sector Financials
Employees 86
CEO Muhammad Ibrahim

Contact Details

Address:
HBZ Plaza (Hirani Centre)
Karachi
Pakistan
Phone 92 21 3263 5949
Website habibmodaraba.com

Stock Details

Ticker Symbol FHAM
Exchange Pakistan Stock Exchange
Fiscal Year July - June
Reporting Currency PKR
ISIN Number PK0029901011
SIC Code 6159

Key Executives

Name Position
Muhammad Ibrahim Chief Executive Officer
Tehsin Abbas Chief Financial Officer