First IBL Modaraba : Transmission of Annual Report 2022
October 05, 2022 at 04:32 am EDT
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FINANCIAL
REPORT
2022
FIRST IBL
MODARABA
Corporate Information
Modaraba Management Company
IBL Modaraba Management (Pvt.) Limited
Board of Directors
Arslan Khan Khakwani
Chairman
Ibrahim Hassan Murad
Director
Iftikhar Hameed Khan
Director
Aamir Manzoor
Chief Executive
Company Secretary
Hassan Fareed
Chief Financial Officer
Zeeshan Ahmed
Internal Auditor
Rana Rizwan Tariq
Sharia'ah Advisor
Dr. Salman Ahmed Khan
Legal Advisor
M/s. Holscott International [Legal services]
Bankers
Habib Bank Limited - Islamic Banking
Meezan Bank Limited
MCB Islamic Bank Limited
The Bank of Punjab - Taqwa
Auditors to the Modaraba
Crow Hussain Chaudhury
Chartered Accountants
Registrar
Corp Tec Associates (Pvt.) Limited
503 E, Johar Town, Lahore.
Registered/ Principal Office
Office No.4-L, Main Ferozpur Road,
Gulberg3, Lahore.
Telephone No. 042-35969435 & 36
NOTICE OF ANNUAL REVIEW MEETING (ARM)
Notice is hereby given to the certificate holders of First IBL Modaraba(FIBLM) that Annual Review Meeting [ARM] of certificate holders will be held on Wednesday, October 26, 2022 at 11:00 a.m. at principal office of First IBL Modaraba, 4-L,Gulberg-III, Lahore to review the performance of First IBL Modaraba for the year ended June 30, 2022.
The persons entitled to attend the meeting will be those certificate holders whose names are entered in the register of certificate holders seven (7) days before October 26, 2022.
The certificate transfer books of FIBLM will remain close from October 20, 2022 to October 26, 2022 (both days inclusive)
Company Secretary
October 5, 2022
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First IBL Modaraba published this content on 05 October 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 05 October 2022 08:31:09 UTC.
First IBL Modaraba is a Pakistan-based financial institution. The Company is engaged in various Islamic modes of financing and operations, including ijarah, musharaka and murabaha arrangements. The Company provides Islamic financial products to the corporate sector, as well as individual consumers. Its clientele ranges from construction and engineering companies, textile companies, power generation companies, cement manufacturing companies, the educational sector, universities, and group companies to individuals. Its products include Ijarah, Musharika, Morabaha and House Finance. It grants companies the facility to avail lease finance for plant and machinery, motor vehicles, furniture and fixture, and office equipment at competitive rates. The Companyâs house finance offers three product variants: house purchase, purchase of undivided share (home renovation) and purchase of undivided share of property from another bank (balance transfer).
FIRST IBL MODARABA 