Ijarah Financing

Ijarah is an Islamic alternative of leasing and refers to the transfer of benefits.


Diminishing Musharaka

In Arabic it is called Shirkat-ul-Mutanaqisa. Diminishing Musharaka is just a Musharaka with an additional feature of decreasing ownership of one party.



Istisna’a is a sale contract between the FPM as Al-Sani (the seller) and the customer as Al-Mustasni (the ultimate purchaser) whereby the FPM.

 Auto Ijarah

Islamic finance is based on a belief that the provider of capital and the user of capital should proportionately share the risks of the business.


A Salam, is a short-term agreement in which a financial institution makes full prepayments for future delivery of a specified quantity of goods on a specified date.

Vision Statement

To play a leading role in the Modaraba Sector by providing Sharia based Islamic modes of financing through quality service at competitive rates,meeting religious and social obligations and delivering higher returns to the certificates holders.

Mission Statement

Our mission is to create and maintain a progressive position in the modaraba sector in Pakistan and endeavour to promote interest-free economy in the country.This will be achieved through quality services using innovative Sharia compliant products,financial discipline and good corporate governance with high levels of professional and ethical standards being maintained at all times.

Urdu Content
Vision Statement