First IBL Modaraba
PPSX:FIBLM15.65
PKR
+0.62
(+4.13%)
ISIN
PK0041301018
Return %
Stock
S&P 500
1Y
41.12
14.20
3Y
501.92
81.12
5Y
72.74
68.34
Capital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.Company Description
- CEO
- Muhammad Ibrahim Qazi
- Full Time Employees
- 5
- Sector
- Finance
- Industry
- Finance/Rental/Leasing
- Address
- Lahore Pakistan
- IPO Date
- Jan 29, 1990
- Website
- firstibl.com
- Similar Companies
- Business
- First IBL Modaraba is a Pakistan-based perpetual, multi-purpose Islamic financial institution engaged in providing Shariah-compliant financing, investment, and leasing solutions. Founded in October 1989 as First Sanaullah Modaraba and renamed in October 1994, the company is headquartered in Lahore, Pakistan, and is managed by IBL Modaraba Management (Private) Limited under the Modaraba Companies and Modaraba (Floatation and Control) Ordinance, 1980. The company operates across three primary business segments: Ijarah Finances, Musharakah Finances, and Investment Property. Its core products and services include Ijarah lease financing for motor vehicles, commercial plant and industrial machinery, office equipment, and furniture and fixtures; Musharakah arrangements offering joint-venture investments, equity participation, and capital management solutions; Murabahah cost-plus financing facilities for the procurement of raw materials and tangible commodities; Islamic house finance for residential property acquisition, construction, and renovation; and investment property asset management, including commercial real estate leasing. First IBL Modaraba serves corporate, commercial, and retail clients across diverse industries, including textiles, construction, engineering, power generation, cement manufacturing, and education throughout Pakistan. In recent corporate developments, ZTP (Private) Limited executed a Sale and Purchase Agreement to acquire a 36.67% equity stake in First IBL Modaraba and its management company, receiving regulatory approval from the Securities and Exchange Commission of Pakistan (SECP) and completing the transfer of management control alongside a comprehensive board reshuffle in May 2026.