Commercial Credit Report for First Paramount Modaraba

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	First Paramount Modaraba
Suite # 107-8, 1st Floor
PECHS Community Office Complex
Phone: +92 2134381037p:+92 2134381037	KARACHI, Pakistan	Ticker: FPRMFPRM

Business Summary

First Paramount Modaraba is a Pakistan-based non-banking Islamic financial institution. The Company’s principal activities include deployment of funds on Murabaha, modaraba and musharaka arrangements. Its in-house ventures include electrical maintenance and troubleshooting services under the name of FPM solutions. It operates its chemical business under the name of FPM Petro Services. The Company offers engineering products and solutions to upstream service companies under FPM Geo Dynamics International. Its business units include FPM Consulting, FPM solutions, FPM Petro Services, and FPM AML-CFT Services. FPM Consulting division provides consultancy services using a partnership Model. Its FPM solutions division is a provider of power protection products and services, routing and switching solutions, network security solutions, application delivery solutions, power management solutions, and security and surveillance solutions.

(Source: F-4)

Scores and Ratings

FRISK^® Score	Z'' Score	PAYCE^® Score	DBT Index	Moody's Rating	Fitch Rating	DBRS Rating
Yes	Yes	-	-	-	-	-

Financials, News and Filings

Latest Statement	Last Audit	News	SEC Filings	Bankruptcy Filings	Suit & Judgment Filings	Tax Lien Filings
12/31/2023	6/30/2023	Yes	-	-	-	-

Industries

SIC Code	Description
5169	Chemicals and allied products, not elsewhere classified
6159	Miscellaneous business credit institutions
3699	Electrical machinery, equipment, and supplies, not elsewhere classified

Officers and Directors

Title	Name	Title Date
Chairman of the Board of Paramount Investments Limited, Responsible Entity of First Paramount Modar	Mian Tanweer AhmedMagoon
Chief Executive Officer, Director of Paramount Investments Limited, Responsible Entity of First Par	Abdul GhaffarUmer
Chief Financial Officer, General Manager Corporate Affairs of Paramount Investments Limited, Respon	NaseemuddinZubairi	3/27/2012
5 additional Officers and Directors records available in full report.

General Information

Outstanding Shares:	13,788,418	(As of 12/31/2023)
Stock Exchange:	PSX
Fax Number:	+92 2134534410

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