First Habib Bank Modaraba Business

The Modaraba provides different Islamic financial products viz. Ijarah, Musharika and Morabaha for short as well as long term resource requirements of trade and industry however; the core activity of FHBM is Ijarah of plant, machinery, equipments, automobile and computers. FHBM also invest in listed equity securities, Certificates of Investment, Government of Pakistan Ijarah Sukuks and other high rated Sukuks issued by Public Companies. The Modaraba has more than a decade of experience in Ijarah business and follow business strategy for capacity building, market penetration and business growth in high potential sectors of the economy.

FHBM is one of the leading players in its sector with a short-term credit rating of A-1+ and medium to long-term credit rating of AA- with stable outlook as per assessment of JCR-VIS. These ratings reflect adequate capitalization, availability of adequate funding available at feasible rates, and the business synergy that the company enjoys with HBL.