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  • 13th Annual General Meeting of the Association held on 05th October 2023, Office Bearers (Mr. Mahfuz-ur Rehman Pasha, Chairman, Mr. Shuja Malik, Senior Vice Chairman and Mr. Irfan Ahmed, Vice Chairman) will continue to be the Office Bearers till 30-09-2024.
  • Mr. Mahfuz-ur Rehman Pasha has been elected Chairman for the Year 2022-23 where as Mr. Shuja Malik and Mr. Irfan Ahmed has been elected Senior Vice Chairman and Vice Chairman of NBFI & Modaraba Association of Pakistan respectively as per Election Results announced in the 12th AGM held on September 2022
  • The Association Launched Year Book 2021 on 14th July 2022 through zoom video link as well as physically at the Association's Secretariat, Karachi. Mr. Aamir Khan, Chairman, SECP was the Chief Guest. Ms. Farrukh H. Sabzwari, Commissioner, Ms. Sadia Khan, Commissioner, SECP, Mr. Tariq Naseem, Registrar Modaraba, SECP, Ms. Khalida Habib, Executive Director and other senior members of the SECP. Chief Executives of Modarabas, Leasing Companies, Investment Finance Services and senior officials from other financial entities also participated. The year Book was presented to the Chief Guest by Ms. Khalida Habib and Mr. Tariq Naseem on behalf of the Association as the ceremony was arranged on zoom video link.

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SECP Chief Inaugurates Islamic Financing facility centre in Rawalpindi

The Chairman SECP, Zafar Hijazi, on Thursday the 1st December 2016 inaugurated an Islamic financing facility centre in Rawalpindi, which will help the common people to avail themselves of affordable financing on Islamic Sharia principles to buy motorcycles and other products in due course of time.

The centre will be operated initially by four Modarabas i.e. Allied Rental Modaraba, First Habib Modaraba ORIX Modaraba and Trust Modaraba. They will provide micro-financing to the customers at cheaper rate ranging between 20 to 25% as against the prevalent market rates of 40 to 45%.





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