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Popular Islamic Modaraba
Phone: +92 2132471892p:+92 2132471892 KARACHI, 74000  Pakistan Ticker: PIMPIM

Business Summary
Popular Islamic Modaraba is a Pakistan-based financial institution. It is a multipurpose, perpetual and multi-dimensional Modaraba. It offers various Islamic modes of financing and business, including Ijarah, Musharakah, Murabaha and Diminishing Musharaka arrangements, further, trading in listed securities and commodities. Its segments include Musharaka, Ijarah, Morabah, Modaraba and Others. Its financial products and services include Ijarah, Diminishing Musharaka, Murahabah, Salam and Istisna. Its Al-ljarah is a contract, which is transferred by the owner to the lessee at an agreed price/rental amount for an agreed Ijarah period. Murabaha is a non-participatory mode of Islamic financing where the FIM sells the asset required by its client. Istisna'a is a sale contract between the FIM as Al-Sani and the customer as Al-Mustasni. A Salam is a deferred delivery sale contract used for commodity finance. It is managed by the Popular Islamic Modaraba Management Company (Private) Limited.
(Source: Company's Website)

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
3/31/20226/30/2021Yes----

Officers and Directors

Title

Name

Age
Title
Date
Start
Date
Chairman of the Board ImamuddinShouqeen 10/23/2017 10/23/2017
Chief Executive Officer MuhammadRiaz 10/23/2020 10/23/2020
Chief Financial Officer ZeeshanAhmed
5 additional Officers and Directors records available in full report.

General Information
Outstanding Shares: 10,000,000 (As of 3/31/2022)
Stock Exchange: PSX
Fax Number: +92 2132471895


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Saturday, May 21, 2022