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First Pak Modaraba
Office No.54
Beverley Centre, 56-G, Blue Area
Phone: +92 2135361215p:+92 2135361215 KARACHI, Pakistan Fax: +92 2135374275f:+92 2135374275
This company was Merged or Acquired on 6/26/2023.
This is a Subsidiary, click here for the Parent Company
Business Summary
First Pak Modaraba is a Pakistan-based multipurpose, perpetual and multidimensional Modaraba. The Modaraba is engaged in various modes of Islamic fundings and businesses, which include ijarah financing, deployment of fund in Musharakah, morabaha and investment in securities. The Company's products include Ijarah, Musharakah, Morabaha, Diminishing of Musharaka, Salam and Istisna.
(Source: N-30D)

Scores and Ratings
FRISK®
Score		 Z''
Score		 PAYCE®
Score		 DBT
Index		 Moody's
Rating		 Fitch
Rating		 DBRS
Rating
YesYes-----

Financials, News and Filings
Latest
Statement		 Last
Audit
News		 SEC
Filings		 Bankruptcy
Filings		 Suit &
Judgment
Filings		 Tax
Lien
Filings
9/30/20236/30/2023Yes----

Industries
SIC Code Description
6141 Personal credit institutions
6159 Miscellaneous business credit institutions
6211 Security brokers, dealers, and flotation companies

Officers and Directors

Title
Name
Age		 Title
Date		 Start
Date
Chairman, Non-Executive Independent Director Abdul HameedKhan
Chief Executive Officer Aftab AfrozMahmoodi 2/1/2017
Company Secretary Syed S.Owais 11/9/2020 11/9/2020
Non-Executive Director Mohammad MusharrafKhan 6/30/2015 6/30/2015
Non-Executive Independent Director Muhammad Akhtar I.Pathan

General Information
Number of Employees: 5 (As of 6/30/2012)
Outstanding Shares: 129,391,676 (As of 9/30/2023)
Shareholders: 4,138
Stock Exchange: PSX
Fax Number: +92 2135374275


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Wednesday, April 24, 2024