First National Bank Modaraba

FNBM

PK0080301010

Corporate Financial Services

End-of-day quote Pakistan S.E. Other stock markets 03:30:00 29/10/2021 am IST			5-day change	1st Jan Change
0.64 ^PKR	-.--%		-.--%	-.--%

02/05	First National Bank Modaraba Appoints Shafqat Tahira Virk as Acting Chief Financial Officer	CI
02/05	First National Bank Modaraba Appoints Nadia Jalil as Company Secretary	CI

First National Bank Modaraba Reports Earnings Results for the First Quarter Ended September 30, 2021

October 27, 2021 at 01:02 pm IST

First National Bank Modaraba reported earnings results for the first quarter ended September 30, 2021. For the first quarter, the company reported revenue was PKR 24.98 million compared to PKR 4.91 million a year ago. Net income was PKR 6.78 million compared to net loss of PKR 4.58 million a year ago. Basic earnings per share from continuing operations was PKR 0.27 compared to basic loss per share from continuing operations of PKR 0.18 a year ago.

Latest news about First National Bank Modaraba

First National Bank Modaraba Appoints Shafqat Tahira Virk as Acting Chief Financial Officer	02/05	CI
First National Bank Modaraba Appoints Nadia Jalil as Company Secretary	02/05	CI
First National Bank Modaraba Reports Earnings Results for the Third Quarter and Nine Months Ended March 31, 2024	01/05	CI
First National Bank Modaraba Announces Resignation of Farah Aslam as Company Secretary	09/04	CI
First National Bank Modaraba Announces Resignation of Farah Aslam as Chief Financial Officer	09/04	CI
First National Bank Modaraba Reports Earnings Results for the Second Quarter and Six Months Ended December 31, 2023	01/03	CI
First National Bank Modaraba Reports Earnings Results for the First Quarter Ended September 30, 2023	25/23/25	CI
First National Bank Modaraba Reports Earnings Results for the Full Year Ended June 30, 2023	06/23/06	CI
First National Bank Modaraba Announces Board Changes	20/23/20	CI
First National Bank Modaraba Reports Earnings Results for the Third Quarter and Nine Months Ended March 31, 2023	04/23/04	CI
First National Bank Modaraba Reports Earnings Results for the Second Quarter and Six Months Ended December 31, 2022	01/23/01	CI
First National Bank Modaraba Reports Earnings Results for the First Quarter Ended September 30, 2022	27/22/27	CI
First National Bank Modaraba Auditor Raises 'Going Concern' Doubt	21/22/21	CI
First National Bank Modaraba Reports Earnings Results for the Full Year Ended June 30, 2022	21/22/21	CI
First National Bank Modaraba Announces Board Changes	12/22/12	CI
First National Bank Modaraba Reports Earnings Results for the Third Quarter and Nine Months Ended March 31, 2022	07/22/07	CI
First National Bank Modaraba Reports Earnings Results for the Second Quarter and Six Months Ended December 31, 2021	03/22/03	CI
First National Bank Modaraba Reports Earnings Results for the First Quarter Ended September 30, 2021	27/21/27	CI
First National Bank Modaraba Reports Earnings Results for the Full Year Ended June 30, 2021	05/21/05	CI
First National Bank Modaraba Auditor Raises 'Going Concern' Doubt	05/21/05	CI
First National Bank Modaraba Reports Earnings Results for the Full Year Ended June 30, 2021	30/21/30	CI
First National Bank Modaraba Reports Earnings Results for the Third Quarter Ended March 31, 2021	30/21/30	CI
First National Bank Modaraba Reports Earnings Results for the Second Quarter Ended December 31, 2020	02/21/02	CI
First National Bank Modaraba Reports Earnings Results for the First Quarter Ended September 30, 2020	29/20/29	CI
First National Bank Modaraba Reports Earnings Results for the Third Quarter Ended March 31, 2020	30/20/30	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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