Awwal Modaraba Management Limited informed Pakistan Stock Exchange that Mr. Aftab Afroz Mahmoodi has been appointed as Chief Financial Officer of the Company with effect from December 01, 2020 in place of Syed Askary Haider Rizvi.
Awwal Modaraba Management Limited is a Pakistan-based company, which is primarily engaged in providing working capital, term finance, Ijarah, Musharika, Morabaha, and other Shariah-compliant investment / instrument to credit worthy customers. It provides a range of advisory services and financial support, through Sharia-compliant modes to viable projects in high growth, capital-starved sectors of the economy. The Company is wholly owned by Pak Brunei Investment Company Limited.