POPULAR ISLAMIC MODARABA

In 2013, Popular Islamic Modaraba was acquired by Popular Islamic Modaraba Management Company (Pvt.) Limited, with the strong sponsorship of the Popular Group of Industries. The Popular Group of Industries is a diversified conglomerate with a wide range of business interests, including Fruit Juices, Textile, Sugar, Plastic, Packaging, Cement, and more. The Group has recognized the potential and significance of Islamic Financing and has strategically entered this sector to actively contribute to the growth of Shariah-compliant finance in Pakistan... Popular Islamic Modaraba operates as an Islamic Financial Institution, providing financial facilities that strictly adhere to Shariah constraints. This means that all financial transactions and offerings are meticulously structured in accordance with Islamic finance principles, ensuring that they are both ethically sound and Shariah-compliant... Popular Islamic Modaraba (PIM), formerly known as First Islamic Modaraba, has a rich history..

Also known as: Popular Islamic Modaraba Management Company (Pvt.) Limited

Primary location: Karachi