NBFI & Modaraba Association of Pakistan established “Islamic Finance Centre” at Sarmayakari Markaz, Mansehra Road, Abbottabad. It is the country’s first ever Capital Market Business Hub, an endeavour conceived by the Securities and Exchange Commission of Pakistan. These Hubs will serve as a central location with presence of all major capital market entities at a single point greatly enhancing outreach and accessibility in second tier cities. The Markaz is being administered by the Central Depository Company (CDC).
Presently Six Mutual Funds, Two Brokerage Houses and one office each of SECP, CDC and PSX are located in the building.
NBFI & Modaraba Association of Pakistan has recently joined hands with SECP and CDC and opened a “Islamic Finance Centre” in order to promote the Islamic modes of financing in Abbottabad and surrounding areas of Northern part of the country. The Centre is being currently finance by two leading modarabas namely Allied Rental Modaraba and First Habib Modaraba.