Habib Metropolitan Modaraba Management Company (Private) Limited (HMMCL), a wholly owned subsidiary of Habib Metropolitan Bank Limited, is managing a very successful venture “First Habib Modaraba”. HMMCL has floated another multipurpose, perpetual Modaraba in the name of Habib Metro Modaraba. (HMM).
Habib Metro Modaraba is floated with a view to:
Habib Habib Metro Modaraba participate in various Islamic modes of financing approved by the Religious Board. In addition, the Modaraba wishes to diversify its business by using other avenues of investment as already approved by the Religious Board.
The scope of the Modaraba`s primary business activities: