First Paramount Modaraba

First Paramount Modaraba First Paramount Modaraba (FPM), is a Non-Banking Islamic Financial Institute | First Shariah Certifie It is listed on the Pakistan Stock Exchange. Mr.

First Paramount Modaraba (FPM), a Non-Banking Islamic Financial Institute, was established in Karachi on February 24th 1992, under the Companies Ordinance 1984. FPM is a member of NBFI & Modaraba association of Pakistan. FPM offers Shariah compliant financing products to its clients. These include; Musharakah, Murabaha, Modaraba, Diminishing Musharakah and other modes of Islamic Finance. FPM also

offers Certificate of Musharakah for investment. We offer best possible return on COM for different tenures. COM can be purchased by individuals, NGOs; Provident & Gratuity funds holders, Corporate Institutions and other concerns. FPM is being managed by Paramount Investment Ltd. BOARD OF DIRECTORS
1. Tanweer Ahmed Magoon - Chairman
2. Syed Wajih Hassan - Chief Executive Officer
3. Pir Mohammad Kaliya - Director
4. Nadeem Iqbal - Director
5. Humayun Mazhar Qureshi - Independent Director
6. Habib Ahmed Navaid - Independent Director
7. Abrar Ahmed - Director


Shariah Advisor of Modaraba
M***i Muhammad Farhan Farooq

Shariah Consultant of Modaraba
M***i Muhammad Najeeb Khan

Auditors of The Modaraba
M/s. Riaz Ahmed & Co. Chartered Accountants

Auditors of The Modaraba Management Company
M/s. Rahim Jan & Co. Chartered Accountants

Legal Advisor
Mr. Raja Qasit Nawaz, Advocate
Mr. Saifuddin, Advocate

Bankers
Meezan Bank Limited
Bank Islami Pakistan Limited
Al Baraka Bank (Pakistan) Limited
Habib Metropolitan Bank Limited -Islamic Banking
Habib Bank Limited

Share Registrar
THK ASSOCIATES (PVT) LTD. Plot No: 32-C, Jami Commercial Street2,
D.H.A, Phase-VII. Karachi-75500, Pakistan. Tel (021) 111 000 322 Fax (021) 35310191. Email: [email protected]
Web address: http://thk.com.pk

فرسٹ پیراماؤنٹ مضاربہ کے سابق ڈائریکٹر پیر محمد کالیا صاحب کا انتقال ہو گیا ہے انا للّٰہ وانا الیہ راجعون اللّہ تعالیٰ پ...
07/11/2025

فرسٹ پیراماؤنٹ مضاربہ کے سابق ڈائریکٹر پیر محمد کالیا صاحب کا انتقال ہو گیا ہے
انا للّٰہ وانا الیہ راجعون
اللّہ تعالیٰ پیر صاحب کی کامل مغفرت فرمائے اور جنت الفردوس میں اعلیٰ مقام عطا فرمائے آمین

15/07/2025

It is submitted that Registrar Modaraba, SECP, through their letter Ref. No. SC/M/RS/Paramount/33/2025/117 dated February 18, 2025 (Received by us on February 19, 2025 at 04:01 pm) has granted approval to increase the amount of authorized Modaraba fund from Rs. 250,000,000/- (divided into 25,000,000 Modaraba Certificates of Rs. 10/- each) of the Modaraba to Rs. 400,000,000/- (divided into 40,000,000 Modaraba Certificates of Rs. 10/- each).
The Registrar Modaraba, SECP has also approved amendment in the Prospectus of the Modaraba accordingly.

15/07/2025

With reference to our earlier letter ref. PSX-186/2024 dated 31 Jul 2024 in which it was announced that Mrs. Shahida Tanweer has been appointed as Female Director on the Board of Paramount Investment Limited (Management Company of First Paramount Modaraba) with effect from 31 Jul 2024, subject to approval of Honourable Registrar Modaraba.

In this regard, it is submitted that the Honorable Registrar Modaraba vide his letter No. SC/M/RS/PIL/25/2024/45 dated October 7, 2024 has approved her appointment.

Address

Suit No. 107-108, P. E. C. H. S. Community Office Complex, Block No. 2, P. E. C. H. S. Shahrah-e-Quaideen
Karachi

Opening Hours

Monday 09:00 - 17:30
Tuesday 09:00 - 17:30
Wednesday 09:00 - 17:30
Thursday 09:00 - 17:30
Friday 09:00 - 17:30

Alerts

Be the first to know and let us send you an email when First Paramount Modaraba posts news and promotions. Your email address will not be used for any other purpose, and you can unsubscribe at any time.

Contact The Business

Send a message to First Paramount Modaraba:

Share