Pakistan · Delayed Price · Currency is PKR First Habib Modaraba Company Description
First Habib Modaraba, a Non-Bank Islamic Financial Institution, 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 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.
The company also provides Musharaka, a certificate of investment. First Habib Modaraba was founded in 1985 and is headquartered in Karachi, Pakistan.
| Country | Pakistan |
| Founded | 1985 |
| Industry | Banking Services |
| Sector | Financials |
| Employees | 81 |
| 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 |