First Pak Modaraba Announces Appointment of Muzaffar Ali Shah Bukhari as Director
November 02, 2017 at 03:58 pm IST
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First Pak Modaraba announced the appointment of Muzaffar Ali Shah Bukhari as Director, Effective from October 31, 2017, in place of Syed Waseem ul Haq Haqqie.
First Pak Modaraba is a Pakistan-based multipurpose, perpetual and multidimensional Modaraba. The Modaraba is engaged in various modes of Islamic fundings and businesses, which include ijarah financing, deployment of fund in Musharakah, morabaha and investment in securities. The Company's products include Ijarah, Musharakah, Morabaha, Diminishing of Musharaka, Salam and Istisna.