About First Habib Modaraba
First Habib Modaraba is a financial services company based in Pakistan, specializing in Islamic financing solutions. Established in 1985 and headquartered in Karachi, the company provides a range of Sharia-compliant financial products and services.
Core Services
- Diminishing Musharaka: A partnership-based financing model where ownership gradually transfers to the client.
- Murabaha: A cost-plus-profit financing solution compliant with Islamic principles.
- Consumer Auto Financing: Sharia-compliant car financing solutions.
- Solar Power Financing: Dedicated financing for solar energy equipment.
- Salam: A forward sale contract with full advance payment.
- Istisna: A manufacturing or construction-based financing agreement.
- Musharaka Certificates: Investment certificates based on profit-sharing principles.
First Habib Modaraba is committed to providing ethical and innovative financial solutions tailored to meet the needs of its clients while adhering to Islamic banking principles.