Company Details
Sector | MODARABAS |
Address | 406-410 4th Floor Chapal Plaza Hasrat Mohani Road Off I.I. Chundrigar Road Karachi |
Auditor | BKR International Muniff Ziauddin & Co. Chartered Accountant |
Registrar | Central Depository Company of Pakistan CDC House, 99-B, Block ?B?, S.M.C.H.S., Main Shahra-e-Faisal, Karachi |
Website | www.popularislamicmodaraba.com |
Fiscal Year | June |
Details |
Details
Popular Islamic Modaraba is a multipurpose@ perpetual Modaraba formed under the Modaraba and Modaraba(floatation and control) Ordinance@ 1980 and the rules framed there under and is managed by the Popular IslamicModaraba Management Company (Private) Limited@ under the repealedCompanies Ordinance@ 1984 (now Companies Act@ 2017). The Modaraba is engaged in various Islamic modes of financing and business including Ijarah@ Musharaka@Murabaha and Diminishing Musharaka arrangements.