First Pak Modaraba announced that Mr. Aftab Afroz Mahmoodi has been appointed as Chief Financial Officer with effect from July 23, 2018 in place of Syed Shahid Owais.
First Pak Modaraba is a Pakistan-based multipurpose, perpetual and multidimensional Modaraba. The Modaraba is engaged in various modes of Islamic fundings and businesses, which include ijarah financing, deployment of fund in Musharakah, morabaha and investment in securities. The Company's products include Ijarah, Musharakah, Morabaha, Diminishing of Musharaka, Salam and Istisna.