Member Login
 

NBFI & Modaraba Association of Pakistan (The Association) was incorporated on 29th July, 2010 by merging Modaraba Association of Pakistan (MAP) and Leasing Association of Pakistan (LAP). The total numbers of members of the Association are 40 (forty) which includes 27 Modarabas, 10 Leasing companies and 3 investment banks.

The mission of the Association is to provide a forum to the Leasing & Modaraba Companies in Pakistan, to confer on all issues of common interest, to formulate join strategies for their operations. The Association is striving to restore the image of the Financial Services sector in Pakistan.

The Association provides a strong platform to members to liaise with the Regulatory Authorities to create an enabling environment for members to promote their business and contribute towards economic development of the country specially SME sector which is the backbone of Pakistan's economy and major job creator in the country.

In order to increase the membership of the Association and make it a true representative body of NBFI sector, the Memorandum of the Association provides for the inclusion of Modaraba, Leasing, Investment Finance Services, Housing Finance, Investment Advisory Services, Discounting Services, Private Equity/Venture Capital, REITS and such other business as permitted to be conducted by the members of the Association. By inviting all these entities, the scope of the Association can be widened.

 For further details, please click here.

Latest News

Launching Ceremony of Year Book 2013

Launching ceremony of Year Book 2013 was held on Friday the January 10, 2014 at Karachi Marriott Hotel.

Mr. Imtiaz Haider, Commissioner, Specialized Companies Division, SECP was the Chief Guest, while Mr. Asif Jalal Bhatti, Mr. Shahid Nasim, Mr. Jawed Hussain and Mr. Nasir Askar from SECP and Mr. Kazi Abdul Muktadir, Deputy Governor, State Bank of Pakistan participated the ceremony. The ceremony was attended by CEOs of Modaraba, Leasing Companies and Investment Banks and Shariah Advisors.

3rd Annual General Meeting

3rd Annual General Meeting of the Association was held on 20th September 2013 at the Conference Hall of the Association.

Election 2013-14

Mr. Murtaza Ahmed Ali has been elected Chairman for the Year 2013-14 while Mr. Ahsanullah Khan as Senior Vice Chairman and Mr. Khaqan Hasnain Ibrahim as Vice Chairman of NBFI & Modaraba association of Pakistan.

Launching Ceremony of Year Book 2012 on Monday the 8th July 2013 at Sheraton Karachi Hotel.

Mr. Asif Jalal Bhatti, Mr. Shahid Nasim, Mr. Jawed Hussain and Mr. Shahid Mahmood participated. The ceremony was attended by CEOs of Modaraba and Leasing sectors.

Mr. Raheel Q. Ahmad, Chairman, NBFI & MAP presented the Year Book to the Chief Guest Mr. Shahid Nasim.

Performance Awards were given to:

  1. Allied Rental Modaraba
        Mr. Faisal Ali, Director, ARM received the Award.
  2. First Habib Modaraba
        Mr. Muhammad Shoaib, CEO, received the Award.
  3. ORIX Leasing Pakistan Limited
        Mr. Teizoon Kisat, CEO received the Award.
  4. Standard Chartered Modaraba
        Mr. Raheel Q. Ahmad, CEO received the Award.
  5. First Habib Bank Modaraba
        Mr. Shabi Hasan, CFO & CS received the Award.
  6. Award was also given to Modaraba Al-Mali for completing 25 Years of its operation.

KSE – 100 Index.

Allied Rental Modaraba re-entered in KSE – 100 Index.

New Executive Committee of NBFI & Modaraba Association of Pakistan.

New Executive Committee of NBFI & Modaraba Association of Pakistan took over the charge. First EC Meeting of the Association was held on 5th October 2012 under the chairmanship of Mr. Raheel Q. Ahmad.

Launching Ceremony of Year Book 2011.

NBFI & Modaraba Association of Pakistan organized a launching ceremony of Year Book 2011 on Monday the 21st May 2012 at Karachi Marriott Hotel. Mr. Jawed Hussain, Registrar Modaraba was the Chief Guest.
Picture Gallery

Trophy awarded to Standard Chartered Modaraba on its completion of 25 year of business operations.

NBFI & Modaraba Association of Pakistan awarded a trophy to Standard Chartered Modaraba on its completion of 25 year of business operations. Mr. Jawed Hussain, Registrar Modaraba, SECP awarded the trophy to Mr. Raheel Qamar Ahmad, CEO, Standard Chartered Modaraba in a ceremony held on Monday the 21st May 2012 at Karachi Marriott Hotel.
Picture Gallery

Seminar on Revised Code of Corporate Governance.

NBFI & Modaraba Association of Pakistan organized a Seminar on “Revised Code of Corporate Governance” on Monday the 21st May 2012 at Karachi Marriott Hotel. Syed Asad Ali Shah, Managing Partner, M. Yousuf Adil Saleem & Co. Chartered Accountants, a member of Deloitte Pakistan, conducted the Seminar.
Picture Gallery

Meeting of the Shariah Advisors on the panel of NBFI & Modaraba Association of Pakistan with Mr. Jawed Hussain, Registrar Modaraba.

The first meeting of the Shariah Advisors on the panel of NBFI & Modaraba Association of Pakistan with Mr. Jawed Hussain, Registrar Modaraba was arranged on Monday the 21st May 2012 at Karachi Marriott Hotel to discuss the various aspects of the Shariah Compliance and Shariah Audit Mechanism.
Read More

.