Board of directors meeting of Modaraba Al-Mali

Karachi, Modaraba Al-Mali informed Pakistan Stock Exchange that board of directors meeting of the company will be held on August 16, 2021 at Karachi. The agenda of the meeting will to consider the Quarterly Accounts for the period ended June 30, 2021.

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.