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Popular Islamic Modaraba
15th Floor, Chapal Plaza, Hasrat Mohani
Phone: +92 2132471892p:+92 2132471892 KARACHI, Pakistan Ticker: PIMPIM

Business Summary
Popular Islamic Modaraba (PIM) is a Pakistan-based financial institution. The Company is a multipurpose, perpetual, and multi-dimensional Modaraba. Its segments include Diminishing Musharaka, Ijarah, Murabaha and Others. Its products include Ijarah, Diminishing Musharaka, Murabaha, Musharaka, Salam and Istisna. Al-ljarah is a contract where the benefits/use of an asset is transferred by the owner (lessor) to the lessee at an agreed price/rental amount for an agreed period, or Ijarah period. The Diminishing Musharaka is a Musharaka with an additional feature of decreasing ownership of one party. Murabaha is a non-participatory mode of Islamic financing where the PIM sells the asset required by its client. The Salam is primarily a deferred delivery sale contract usually used for commodity finance. The Istisna is a sales contract between the FIM as Al-Sani (the seller) and the customer as Al-Mustasni (the ultimate purchaser) whereby the PIM.

Scores and Ratings
FRISK®
Score
Z''
Score
PAYCE®
Score
DBT
Index
Moody's
Rating
Fitch
Rating
DBRS
Rating
YesYes-----

Financials, News and Filings
Latest
Statement
Last
Audit

News
SEC
Filings
Bankruptcy
Filings
Suit &
Judgment
Filings
Tax
Lien
Filings
9/30/20246/30/2024Yes----

Officers and Directors

Title

Name

Age
Title
Date
Start
Date
Chairman of the Board ImamuddinShouqeen 10/23/2017 10/23/2017
Chief Executive Officer MuhammadRiaz 10/23/2020 10/23/2020
Chief Financial Officer ZeeshanAhmed
5 additional Officers and Directors records available in full report.

General Information
Number of Employees: 6 (As of 6/30/2024)
Outstanding Shares: 14,000,000 (As of 9/30/2024)
Stock Exchange: PSX
Fax Number: +92 2132471895


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Tuesday, January 28, 2025