Karachi: Popular Islamic Modaraba has announced its Eleventh (11th) Annual Review Meeting for certificate holders, scheduled to take place at 10:15 a.m. on Monday, October 28, 2024. The meeting will be hosted on the 9th floor of Chapal Plaza, located at 901-904, Hasrat Mohani Road, off I.I. Chundrigar Road in Karachi. According to information available from the Pakistan Stock Exchange (PSX), the meeting will review the financial and operational performance of the modaraba for the fiscal year that concluded on June 30, 2024.
The meeting is a key event for stakeholders to gain insights into the institution’s activities and financial health under the management of Popular Islamic Modaraba Management Company (Pvt.) Ltd, an entity responsible for overseeing its operations. The institution, recognized for adhering to Islamic financial principles, aims to brief its investors and stakeholders on the achievements and challenges of the past year, and outline future directions and strategies.