Pakistan
· Delayed Price · Currency is PKR OLP Modaraba Company Description
OLP Modaraba provides Shariah compliant financial solutions to corporate, high and mid-tier SMEs, and consumer market in Pakistan.
The company offers financial leasing of plants, machineries, motor vehicles, and office and computer equipment under the Ijarah financing solution; house finance diminishing Musharakah, a mortgage financing product; and diminishing Musharakah that allows equity participation and sharing of pro¬fits on a pro-rata basis; and Murabaha finance for commodity selling as per the purchasing price with an agreed pro¬fit basis.
It also provides certificate of Musharakah, a profit and sharing instrument for investors; Salam, a commodity contract of sale services; and Istisna, a manufactured or constructed contract of sale for certain assets financing solution, as well as syndicate financing services.
The company was formerly known as ORIX Modaraba and changed its name to OLP Modaraba in March 2022. OLP Modaraba was incorporated in 1987 and is headquartered in Karachi, Pakistan.
| Country | Pakistan |
| Founded | 1987 |
| Industry | Banking Services |
| Sector | Financials |
| Employees | 41 |
| CEO | Raheel Ahmad |
Contact Details
Address: Syedna Tahir Saifuddin Memorial Foundation Building Karachi Pakistan | |
| Phone | 92 21 3824 1168 |
| Website | olpmodaraba.com |
Stock Details
| Ticker Symbol | OLPM |
| Exchange | Pakistan Stock Exchange |
| Fiscal Year | July - June |
| Reporting Currency | PKR |
| SIC Code | 7350 |
Key Executives
| Name | Position |
|---|---|
| Raheel Ahmad | Chief Executive Officer |
| Muhammad Siddique Khan | Chief Financial Officer |
| Mohammad Daya | Chief Operating Officer |