Karachi, First Habib Modaraba informed Pakistan Stock Exchange that board of directors meeting of the company will be held on February 23, 2021 at Karachi. The agenda of the meeting will to consider the Half Yearly Accounts for the period ended December 31, 2020.
Further, the company has declared the closed period from February 16, 2021 to February 23, 2021.
First Habib Modaraba is a perpetual, multi-purpose modaraba floated and managed by Habib Modaraba Management Private Limited. The Modaraba is engaged in the business of leasing (Ijarah), Musharaka, Murabaha financing and other related business. The stocks of the modaraba are quoted on the Karachi, Lahore and Islamabad Stock Exchanges of Pakistan. The registered office of the company is located at Karachi.
The corporate membership of the company is with the Islamic Financial Services Board (Malaysia), International Islamic Financial Market (Bahrain), NBFI and Modaraba Association of Pakistan, Management Association of Pakistan and Marketing Association of Pakistan.
The symbol “FHAM” is being used by the stock exchanges for the shares of Habib Modaraba.