Karachi: The Annual Review Meeting of Certificate Holders for First Habib Modaraba (FHM) has been scheduled to take place on October 10, 2024, to discuss the financial and operational performance of the year ended June 30, 2024.
The meeting, set to be held in Karachi, will provide an opportunity for Certificate Holders to assess the year's achievements and financial health of FHM. Eligibility to attend the meeting is reserved for Certificate Holders listed in the register as of October 3, 2024. This gathering is crucial for stakeholders involved in the modaraba, a form of Islamic financial instrument.
According to information available from the Pakistan Stock Exchange (PSX), First Habib Modaraba has been actively engaging its investors and stakeholders in strategic decisions and performance reviews through these annual meetings. This proactive engagement is part of FHM's commitment to transparency and compliance with Islamic financial practices.
The meeting will address the annual financial outcomes, operational progress, and strategic initiatives undertaken by FHM throughout the fiscal year. It serves as a critical platform for direct communication between the management of FHM and its investors, fostering a deeper understanding of the modaraba's market positioning and future outlook.