Karachi, Modaraba Al-Mali informed Pakistan Stock Exchange that a meeting of the Board of Directors of the Company scheduled to be held on February 27, 2023 at Lahore to consider First Quarter Accounts for the period ended December 31, 2022 is in progress.
“Modaraba Al-Mali is a multipurpose and perpetual Modaraba floated in Pakistan on July 8, 1987 and is managed by BankIslami Modaraba Investments Limited. The Modaraba is engaged in the business of leasing, murabaha, musharaka financing, operation of petrol and diesel filling/service station. The Modaraba is listed at Pakistan Stock Exchange.
The total number of shares are 18,423,945. The Earnings per share is 1.01 in 2020 which was 0.43 in 2019. The Profit after taxation is 18,607,000 in 2020 which was 7,965,000 in 2019. “