About Us

NBFI Modaraba > About Us

About Us

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 Association is a trade body that represents the Modarabas, Leasing Companies and Investment Finance Services.

The mission of the Association is to provide a forum to the Member 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.

20+

Years Of Experiences

Our vision

To serve as an effective platform for the members of NBFI and Modaraba sector, to facilitate the growth, profiling and competitive power of NBFI & Modaraba Association members through collective and coordinated efforts.

Our Mission

To provide effective forum to address common and/or relevant issues, make available necessary support, facilitate to succeed through effective liaison, appropriate counselling, product innovation, research, capacity building and create conducive working environment based on trust, integrity and reliability.

 

Our Values

Collaborations

Integrity

Fairness

Excellence

Responsiveness

20+

Years Of Experiences

Core Objective

To represent, profile and promote NBFI and Modaraba industry and protect the interest of Members.

To encourage Islamic trade and finance through Modaraba venture and provide innovative Shariah compliant financial solutions for further progress and growth of the Modaraba sector.

To maintain an active coordination and a relationship of trust with the regulatory authorities to achieve a consultative and supportive regulatory environment.

To support environment where members work together to solve common challenges by sharing ideas and helping & supporting each other.

To migrate best international practices and make information and analysis available on the profile and performance of individual members and the sector.

To broaden the base of association through induction of new members from different segments within the NBFIs sector.

To promote good governance, encourage performance based culture within members.

To enhance professional capacity of members through workshops, seminars and interactive sessions.