Friday, December 2

Board Meeting other than Financial Result of Modaraba Al-Mali

Karachi, Modaraba Al-Mali informed Pakistan Stock Exchange that board of directors meeting of the company will be held on October 04, 2021 at Karachi.

Further, the company has declared the closed period from October 01, 2021 to October 04, 2021.

Modaraba Al-Mali is a multipurpose and perpetual Modaraba floated in Pakistan on July 8, 1987 and is managed by BankIslami Modaraba Investments Limited. The Modaraba is engaged in the business of leasing, murabaha, musharaka financing, operation of petrol and diesel filling/service station. The Modaraba is listed at Pakistan Stock Exchange.

The total number of shares are 18,423,945. The Earnings per share is 1.01 in 2020 which was 0.43 in 2019. The Profit after taxation is 18,607,000 in 2020 which was 7,965,000 in 2019.