First Pak Modaraba Reports Earnings Results for the Year Ended June 30, 2021
September 22, 2021 at 07:14 am
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First Pak Modaraba reports earnings results for the year ended June 30, 2021. Profit for the year was PKR 303,424 or PKR 0.02 per share against PKR 1,971,171 or PKR 0.15 per share reported a year ago.
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.