The Securities & Exchange Commission of Pakistan (SECP) has issued formal authorization to the following Modaraba Management Companies to float Modarabas: i. Habib Metropolitan Modaraba Management Company (Private) Limited (HMMMCPL), a wholly owned subsidiary company of Habib Metropolitan bank Limited…
NBFI & Modaraba Association of Pakistan arranged a luncheon meeting with Mian Muhammad Adrees, Chairman, Sitara Group of Companies. The meeting was attended by Mr. Raheel Q. Ahmad, Chairman, Mr. Basheer A. Chowdry, Mr. Muhammad Naimuddin Farooqui, Mr. Muhammad Sadiq…
“The Association organised a presentation on Mandatory Certification for the professional of NBFCs and Modarabas on Monday the 6th June 2016 at the Conference Hall of the Association. Mr. Shahid Hussain, senior Program Manager, Institute of Capital Market (ICM) conducted…
NBFI & Modaraba Association of Pakistan arranged a launching ceremony of Year Book 2015 & Distribution of Best Performance Awards 2015 on Thursday the March 17, 2016 at Movenpick Hotel, Karachi. Mr. Zafar Abdullah, Commissioner (SCD), SECP was the Chief…
NBFI & Modaraba Association of Pakistan organized a workshop on “Practical Problems in Ijarah & Diminishing Musharaka” on Tuesday the 15th March 2016 at the Conference Hall of the Association, Karachi. Mufti Ibrahim Essa, Shariah Advisor of ORIX Leasing Pakistan…
SECP has extended the date of compliance to February 15, 2016 for updating websites in Urdu Language
ISLAMABAD: After receiving numerous complaints from companies that maintaining specific information in Urdu language at their websites was a difficult task, the Securities and Exchange Commission of Pakistan (SECP) has extended the date of compliance in this regard for listed…
A meeting was held on 8th December, 2015 at the office of SECP with World Bank Group (WGB) led by Mr. Gabi George Afram, Program Leader, Private Sector Development to discuss the growth, issues and future outlook of NBFI &…
NBFI & Modaraba Association of Pakistan organized a Workshop on “Islamic Finance” on Thursday the 19th November 2015 at Pearl Continental Hotel, Karachi. Mr. Mahfuz-ur-Rehman Pasha, Chairman, NBFI & Modaraba Association of Pakistan inaugurated the workshop. Mufti Irshad Ahmad Aijaz,…
NBFI & Modaraba Association of Pakistan & Pak-Qatar General Takaful Limited signed an MoU on 30th September 2015 for providing Takaful coverage on the basis of Islamic modes to the members of the Association. Mian Muhammad Adrees, President, The Federation…
Mr. Muhammad Shoaib Ibrahim, Chairman and Mr. Muhammad Samiullah, Secretary General, NBFI & Modaraba Association participated in a discussion program on “Concept of Modaraba & Modaraba Regulations, 2015” on Business Plus Channel on 22nd September, 2015. Mr. Khalil Ahmed, Anchor…