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    First Equity Modaraba (FEM)
    First Equity Modaraba (FEM) is managed by Premier Financial Services
    (Private) Limited, derives its board from the Crescent Group, with direct
    involvement in more than twenty business sectors. This cross-sectoral
    expertise, enhanced by other linkages, is an invaluable base for
    informed decision making. FEM's professional management draws on this
    unique resource to make optimal use of its charter to undertake trading,
    manufacturing and capital market operations, their financing and
    facilitation.
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    Islamic Finance and Facilitation
    First Equity Modaraba was floated in end 1991 as a multipurpose and
    perpetual closed-end fund. FEM can undertake variety of fund and fee based
    activities including Morabaha, Musharika, trading, manufacturing,
    equity investment, fee and commission and other activities not against the
    injunction of Islam.
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    Islamic Brokerage
    First Equity Modaraba (FEM) is the first in the Modarabas operating in
    Pakistan who acquired the membership of all the three stock exchanges of
    Pakistan to undertake the brokerage business.On August 21, 2002, the
    Securities and Exchange Commision of Pakistan (SECP) has granted the
    license to FEM to carry out stock exchange transactions. Thereafter,
    from September 2002 FEM commenced full-fledged brokerage operation from
    the Karachi Stock Exchange.During this period FEM developed a good
    clientele of corporate and individual clients.

Our Vision And Mission

First Equity Modaraba is committed to strive for excellence in all areas of its activities.
We view our business objective of providing distinctive financial products and services that promote commerce and industry within the context of our overall objective of contributing of the nation’s prosperity.









 

Corporate Information

Financial Information

FEM initial paid-up capital fund was Rs. 200 have increased to Rs 524 million by stock dividends of Rs 62 million and issuance of Right certificate of Rs 262 million. The Modaraba has so far distributed Rs. 62 million in stock dividends and Rs. 518 million in cash dividends

 

Financial Highlights | Report of Shariah Advisor

Annual Financial Statement - June 30

First Quarter Accounts – September 30

Half Yearly Accounts - December 31

Third Quarter Accounts – March 31

Investor Information

Investor Information

Link: http://jamapunji.pk/

Contact details for Complain with Modaraba
Company Secretary
Tel : 021-35672815-18
E-mail : info@firstequitymodaraba.com.pk

Auditor's Address

State Bank of Pakistan Ranking
Category A
Baker Tilly Mehmood Idrees Qamar,
Chartered Accountants, 4th Floor,
Central Hotel Building, Civil Lines,
Mereweather Road, Karachi
Tel: +92 (021) 35644872-7,
Fax: +92 (021) 35694573
E-mail: mim@mimandco.com

Brokerage Information

FEM initial paid-up capital fund was Rs. 200 have increased to Rs 524 million by stock dividends of Rs 62 million and issuance of Right certificate of Rs 262 million. The Modaraba has so far distributed Rs. 62 million in stock dividends and Rs. 518 million in cash dividends. There is no pending Investor complaints against the FEM brokerage house

Business Addresses

    Islamic Finance and Facilitation

  • B-1004, 10th Floor, Lakson Square Building # 3, Sarwar Shaheed Road, Karachi, Pakistan
  • (92-21) 35672815-18
  • (92-21) 35686116
  • info@firstequitymodaraba.com.pk

    Islamic Brokerage

  • Room # 503-504, 5th Floor Karachi Stock Exchange Building, Stock Exchange Road, Karachi, Pakistan
  • (92-21) 32446020-3
  • (92-21) 32446024

    Registrar Services

  • THK Associates (Pvt) Ltd 1st Floor , 40-C , P.E.C.H.S , Karachi
  • 021-111-000-322

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