First National Bank Modaraba

FNBM

PK0080301010

Corporate Financial Services

End-of-day quote Pakistan S.E. Other stock markets 06:00:00 2021-10-28 pm EDT			5-day change	1st Jan Change
0.64 ^PKR	-.--%		-.--%	-.--%

May. 01	First National Bank Modaraba Reports Earnings Results for the Third Quarter and Nine Months Ended March 31, 2024	CI
Apr. 09	First National Bank Modaraba Announces Resignation of Farah Aslam as Company Secretary	CI

First National Bank Modaraba Auditor Raises 'Going Concern' Doubt

September 20, 2022

First National Bank Modaraba filed its Annual on Sep 21, 2022 for the period ending Jun 30, 2022. In this report its auditor, Crowe Hussain Chaudhury & Co, gave an unqualified opinion expressing doubt that the company can continue as a going concern.

Latest news about First National Bank Modaraba

First National Bank Modaraba Reports Earnings Results for the Third Quarter and Nine Months Ended March 31, 2024	Apr. 30	CI
First National Bank Modaraba Announces Resignation of Farah Aslam as Company Secretary	Apr. 08	CI
First National Bank Modaraba Announces Resignation of Farah Aslam as Chief Financial Officer	Apr. 08	CI
First National Bank Modaraba Reports Earnings Results for the Second Quarter and Six Months Ended December 31, 2023	Feb. 29	CI
First National Bank Modaraba Reports Earnings Results for the First Quarter Ended September 30, 2023	23-10-24	CI
First National Bank Modaraba Reports Earnings Results for the Full Year Ended June 30, 2023	23-10-05	CI
First National Bank Modaraba Announces Board Changes	23-07-19	CI
First National Bank Modaraba Reports Earnings Results for the Third Quarter and Nine Months Ended March 31, 2023	23-05-03	CI
First National Bank Modaraba Reports Earnings Results for the Second Quarter and Six Months Ended December 31, 2022	23-02-28	CI
First National Bank Modaraba Reports Earnings Results for the First Quarter Ended September 30, 2022	22-10-26	CI
First National Bank Modaraba Auditor Raises 'Going Concern' Doubt	22-09-20	CI
First National Bank Modaraba Reports Earnings Results for the Full Year Ended June 30, 2022	22-09-20	CI
First National Bank Modaraba Announces Board Changes	22-08-11	CI
First National Bank Modaraba Reports Earnings Results for the Third Quarter and Nine Months Ended March 31, 2022	22-05-06	CI
First National Bank Modaraba Reports Earnings Results for the Second Quarter and Six Months Ended December 31, 2021	22-03-02	CI
First National Bank Modaraba Reports Earnings Results for the First Quarter Ended September 30, 2021	21-10-27	CI
First National Bank Modaraba Reports Earnings Results for the Full Year Ended June 30, 2021	21-10-05	CI
First National Bank Modaraba Auditor Raises 'Going Concern' Doubt	21-10-04	CI
First National Bank Modaraba Reports Earnings Results for the Full Year Ended June 30, 2021	21-09-30	CI
First National Bank Modaraba Reports Earnings Results for the Third Quarter Ended March 31, 2021	21-04-30	CI
First National Bank Modaraba Reports Earnings Results for the Second Quarter Ended December 31, 2020	21-03-02	CI
First National Bank Modaraba Reports Earnings Results for the First Quarter Ended September 30, 2020	20-10-29	CI
First National Bank Modaraba Reports Earnings Results for the Third Quarter Ended March 31, 2020	20-04-30	CI
First National Bank Modaraba Reports Earnings Results for the Second Quarter Ended December 31, 2019	20-02-26	CI
First National Bank Modaraba Reports Earnings Results for the First Quarter Ended September 30, 2019	19-10-30	CI

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Company Profile

First National Bank Modaraba is a Pakistan-based perpetual, multipurpose and multi-dimensional Modaraba. The Company is engaged in various Islamic modes of financing and operations including ijarah, musharaka and murabaha arrangements. It offers Shariah complaint Islamic Financial Products in the financial market. It invests its funds in Shariah-based modes of financing, including leasing, Murabaha, purchase and sale of shares/securities in Pakistan. The Ijarah is a contract where the use of an asset is transferred by the owner to the lessee at an agreed price amount for an agreed period of time or Ijarah period. Murabaha is a particular kind of sale where the seller expressly mention the cost, he has incurred on the commodities to be sold and sells them to another person by adding some profit, which is known to the buyer. Musharaka is a relationship established under a contract by the mutual consent of the parties for sharing of profits and loss in the joint business.

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Corporate Financial Services

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