Unicap Modaraba : Transmission of Quarterly Report for the Period Ended 30 September 2021
March 08, 2022 at 11:51 pm EST
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DIRECTOR'S REPORT
Dear Certificate holders,
The Board of Directors of Map Out Management Company (Private) Limited, Managers of UNICAP Modaraba (UCAPM) take pleasure in presenting the Quarterly Financial Statements of the Modaraba for the first quarter ended September 30, 2021.
Operating expenses of the Modaraba have remained within budget.
The Modaraba will continue with its strategy of business growth by booking of productive assets and development of new products and services in future.
The Board thanked the sponsors for continuous corporate guidance and financial support since taking over of the Management of the Modaraba by Map Out Management Company Pvt Limited. The Board also acknowledges the patronage of certificate holders of the Modaraba for their continued trust and support.
The Board also appreciates dedication and hard work of the employees of the Modaraba.
The enclosed financial statements depict that the plans Map Out Management Company (Private) Limited, Managers of UNICAP Modaraba (UCAPM) and efforts put in by the employees to revive the Modaraba and to make it an active business concern are going in the right direction and begin to bear success.
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Unicap Modaraba published this content on 09 March 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 09 March 2022 04:50:02 UTC.
Unicap Modaraba is a multipurpose, perpetual modaraba floated in Pakistan. It is engaged in finance leveraged trading, financial advisory, project financing, and venture capital. It provides professional analysis of non-interest-bearing securities to both institutional and individual investors, particularly to its overseas Pakistani clients. It provides management of investment portfolios in non-interest-bearing securities and bonds, Modaraba, Musharakah, Morabahah and leveraged leases. It also engages in mercantile, trading, import, export, service or manufacturing enterprises of any nature, within and outside Pakistan. Its products include Car Ijarah (Islamic Car Financing); House Musharakah (Islamic Housing Finance); Industrial Ijarah (Plant & Machinery) and Qarz-E-Hasna. It also provides leasing and resource mobilization. It offers seed capital to private companies. It supplies and export finance credit on lease, Morabaha or on a profit and loss-sharing basis.
UNICAP MODARABA 
