About First Al-Noor Modaraba

First Al-Noor Modaraba provides Islamic financial services in Pakistan. The company operates through four segments: Trading, Financing, Investments, and Ijarah. It provides Ijarah, a contract where the financier buys and leases equipment or other assets to the business owner for a fee or rental income; and Murabaha, a non-participatory mode of Islamic financing. The company also offers Musharakah, a contractual relationship formed through mutual consent of the parties for sharing of profits and losses in a joint venture; and Musawammah, a sale ... [Read more]