Habib Metro Modaraba
Welcome To Habib Metro Modaraba
(An Islamic Financial Institution)
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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:
Notice is hereby given that the Annual Review Meeting of certificate-holders of Habib Metro Modaraba will be held on October 27, 2021 at 03.30 p.m. at Institute of Cost and Management Accountants of Pakistan (ICMAP) Building, ST-18/C Block-6, Gulshan-e-Iqbal, Karachi, to review the performance of the Modaraba for the year ended June 30, 2021.
The Board of Directors in their meeting held on September 30, 2021, announced the cash dividend of 4 percent i.e. Re. 0.40 per certificate of Rs 10/- each .The financial performance of the Modaraba remained satisfactory in 2020-21.
Last Updated On 12/04/2022