Board of directors meeting of First Habib Modaraba

Board Meetings

Karachi, First Habib Modaraba informed Pakistan Stock Exchange that board of directors meeting of the company will be held on September 30, 2021 at Karachi. The agenda of the meeting will to consider the Annual Accounts for the period ended June 30, 2021.

Further, the company has declared the closed period from September 23, 2021 to September 30, 2021.

First Habib Modaraba (FHM) was established in 1985 as Non-Bank Islamic Financial Institution. First Habib Modaraba is a perpetual, multi-purpose Modaraba managed by Habib Metropolitan Modaraba Management Company (Private) Limited. The Modaraba is engaged in the business of leasing, Musharaka, Murabaha financing and other related business.

The share of the Company are quoted on Pakistan Stock Exchange Limited. The shares of the Company are 201,600,000. The Earnings per shares of the Company is 1.57 in 2020 which was 1.59 in 2019. Their Profit after Taxation is 316,683,000 in 2020 which was 319,685,000 in 2019.