Karachi, Modaraba Al-Mali informed Pakistan Stock Exchange that the board meeting of the company is scheduled to be held on September 07, 2016 at Karachi. The agenda of the meeting shall be consideration of annual accounts for the period ended June 30, 2016.
Further, the closed period of the company shall be from August 31, 2016 to September 07, 2016 (both days inclusive).
Modaraba Al-Mali is a multipurpose and perpetual Modaraba floated in Pakistan on July 8, 1987 under the Modaraba Companies and Modaraba (Floatation and Control) Ordinance, 1980, and Modaraba Companies and Modaraba Rules, 1981 and is managed by BankIslami Modaraba Investments Limited, a company registered under the Companies Ordinance, 1984. It is engaged in the business of leasing, murabaha, musharaka financing, operation of petrol and diesel filling / service station. It is listed on Karachi, Islamabad and Lahore Stock Exchanges of Pakistan. The registered office is situated at Karachi.
The symbol “MODAM” is being used by the stock exchange for the shares of Modaraba Al-Mali.