Trust Modaraba

Managed By:

Al-Zãmin Modaraba Management (Private) Limited.

ANNUAL REPORT

2023

www.trustmodaraba.com

CONTENTS

02 Mission Statement

03 Corporate Information

  1. Notice of Annual General Meeting
  2. Review Report by the Chairman
  3. Director's Report
  1. Director's Report Urdu
  1. Key Operating and Financial data
  2. Statement of Compliance
  1. Shari'ah Advisors' Report
  2. Review Report to Certificate
  3. Auditor's Report
  1. Balance Sheet
  2. Profit & Loss Account
  3. Statement of Comprehensive Income
  4. Cash Flow Statement
  5. Statement of Changes In Equity
  6. Notes to the Financial Statement
  1. Pattern Of Certificate-Holding
  2. Categories of Certificate holders

1

TRUST MODARABA Annual Report 2023

CORPORATE INFORMATION

MODARABA COMPANY

AI-Zamin Modaraba Management (Private) Limited

BOARD OF DIRECTORS

Mr. Mian Sheikh Arshad Farooq

Chairman

Mr. Basheer Ahmed Chowdry

Chief Executive

Mr. Syed Shahnawaz Ahmed Rizvi

Director

Mr. Syed Etrat Hussain Rizvi

Director

Mr. Mohammad Yasin

Director

Mr. Sohail Ansar

Director

Dr. Mrs. Namoos Baquar

Director

MANAGEMENT

Mr. Basheer Ahmed Chowdry

Chief Executive

Ms. Hamida Aqeel

Chief Operating Officer/Company Secretary

Mr. Shiraz Butt

Chief Financial Officer

AUDIT COMMITTEE

Mr. Syed Etrat Hussain Rizvi

Chairman

Mr. Mian Sheikh Arshad Farooq

Member

Mr. Syed Shahnawaz Ahmed Rizvi

Member

Mr. Mohammad Yasin

Member

Ms. Hamida Aqeel

Secretary to the committee

HUMAN RESOURCE COMMITTEE

Mr. Muhammad Yasin

Chaiman

Mr. Syed Etrat Hussain Rizvi

Member

Dr. Mrs. Namoos Baquar

Member

Mr. Basheer Ahmed Chowdry

Member

Ms. Hamida Aqeel

Secretary to the committee

INTERNAL AUDITORS

UHY Hassan Naeem & Co.

Chartered Accountants

AUDITORS OF THE MODARABA

Grant Thornton Anjum Rahman.

Chartered Accountants

BANKER

Meezan Bank Limited

LEGAL ADVISORS

Holscott International

S&B Durrani Law Assoicates

REGISTERED OFFICE/PRINCIPAL PLACE OF BUSINESS 104-106,Kassam Court, BC-9, Block-5,Clifton, Karachi-75600Telephone: 021-35876651,35876652

Fax: 021-35870408 Web: trustmodaraba.com

Email: info@trustmodaraba.com

REGIONAL OFFICE

320, 3rd Floor, Garden Heights, 8-Aibak Block, New Garden Town, Lahore Telephone: 042-35941957-8 Fax: 042 35866513

REGISTRARS

Hameed Majeed Associates (Private) Limited

1st Floor, H.M. House, 7-Bank Square, Lahore Telephone: 042- 37235081-2 Fax: 042-37358817

TRUST MODARABA Annual Report 2023

2

MISSION STATEMENT

Trust Modaraba aims to evolve and practice exemplary standards of integrity and proficiency by achieving balanced growth, building quality investment portfolio, maintaining high standards of efficiency and providing good return to its certificate holders. Trust Modaraba shall endeavor to maintain a comprehensive edge in the industry and contribute effectively in promotion of Islamic Financial Regime. It shall adopt a management culture based on participation, motivation and accountability to achieve professional and personal excellence and growth of human resource.

Trust Modaraba shall achieve a balanced texture of being a prudent and progressive organization with a sound image in the market place

3

TRUST MODARABA Annual Report 2023

Attention: This is an excerpt of the original content. To continue reading it, access the original document here.

Attachments

  • Original Link
  • Original Document
  • Permalink

Disclaimer

Trust Modaraba published this content on 15 September 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 15 September 2023 10:34:09 UTC.