MODARABA AL-MALI

Modaraba Al-Mali Modaraba Al-Mali (PSX Ticker Symbol: MODAM) is a multipurpose and perpetual Modaraba floated on July 8, 1987. It is being managed by AssetPlex Limited, previously BankIslami Modaraba Investments Limited (BIMIL)... A Modaraba can undertake any business activity or offer any financial product based on Islamic concept, provided it is Shariah-Compliant and has the approval from the Religious Board... AssetPlex Modaraba Management Limited (AMML), has the dual mandate/licenses for serving as a Modaraba Management Company (MMC) as well as to act as a Consultant to the Issue (CTI), under the authorization from the Securities and Exchange Commission of Pakistan (SECP).

Also known as: Modaraba Company

Primary location: Lahore