Karachi, First Al-Noor Modaraba informed Pakistan Stock Exchange that board of directors meeting of the company will be held on September 25, 2018 at Karachi. The agenda of the meeting will to consider the Annual Accounts for the period ended June 30, 2018.
Further, the company has declared the closed period from September 24, 2018 to October 04, 2018.
The First Al-Noor Modaraba is a company incorporated in Pakistan formed under the Modaraba Companies and Modaraba Floatation and Control Ordinance, 1980 and the rules framed thereunder and is managed by Al-Noor Modaraba Management Private Limited. The Modaraba is a multipurpose perpetual modaraba and is primarily engaged in ijarah financing, musharikah, murabaha, musawamah, modaraba, equity investment, Ijarah and trading activities. The registered office of the company is located in Karachi. The Modaraba was floated on October 19, 1992 and commenced its business on November 02, 1992. The stocks of the company are quoted on the Karachi and Lahore Stock Exchanges of Pakistan.
The symbol “FANM” is being used by the stock exchanges for the shares of First Al-Noor Modaraba.