Company UDL Modaraba Management (Private) Limited

Equities

FUDLM

PK0049801019

Corporate Financial Services

End-of-day quote Pakistan S.E. 18:00:00 2024-05-08 EDT 5-day change 1st Jan Change
6.43 PKR +2.06% Intraday chart for UDL Modaraba Management (Private) Limited +7.17% -0.77%

Business Summary

First UDL Modaraba is a Pakistan-based perpetual, multipurpose and multidimensional Modaraba. The Company is engaged in providing finance under murabaha and musharakah arrangements, Ijarah, commodity trading and trading in listed and non-interest-bearing securities. Its financial products include Ijarah - Leasing, Musharika - Partnership Financing and Morabaha - Cost Plus Financing. Its Ijarah - Leasing is engaged in the leasing of vehicles, computers, machinery and equipment to companies and individuals. The Company also facilitates sale and lease back provided that their customers meet its credit standards. It offers various types of Musharika financing. The Company offers Diminishing Musharika by customize to suit its individual customer needs. Its Morabaha - Cost Plus Financing is a type of deferred sale between the Company and its customer for the sale of goods at spot at a price, which includes a profit margin agreed by both parties to be paid at some future date.

Number of employees: 21

Managers

Managers TitleAgeSince
Chief Executive Officer - 09-12-31
Director of Finance/CFO - -

Members of the board

Members of the board TitleAgeSince
Director/Board Member - 17-12-31
Chief Executive Officer - 09-12-31
Chairman - 12-12-31
Director/Board Member - 13-12-31

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 35,120,564 21,130,470 ( 60.17 %) 0 60.17 %

Shareholders

NameEquities%Valuation
National Investment Trust Ltd.
1.002 %
351,912 1.002 % 6 950 ₨

Company contact information

First UDL Modaraba

Business Enclave, 77-C 12th Commercial Street

74000, Karachi

+

http://www.udl.com.pk
address UDL Modaraba Management (Private) Limited(FUDLM)
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