Welcome to First Habib Modaraba

 (An Islamic Financial Institution)

News & Events

Best Corporate Report Award 2017

The Joint Committee of ICAP and ICMAP in their ceremony held on August 7th, 2018 have awarded the Second position “Best Corporate Report Award 2017”. under the category of NBFIs. FHM is the only Modaraba in entire Modaraba sector who has been receiving this award since the last nine consecutive years

Best Islamic NBFC Award (COMSAT)

COMSAT  has award Best Islamic Non-Banking Financial Company (NBFC) 2018 Award to "First Habib Modaraba in the ceremony held as on 13th March 2018 at Lahore

Corporate Excellence Certificate Award

FHM has received “Corporate Excellence Certificate Award” from The Management Association of Pakistan. FHM has been receiving this award for last eight consecutive years. The award ceremony was held on February 27, 2018, at Karachi

SAFA BPA "Certificate of Merit" award to First Habib Modaraba (FHM)

SAFA in its award ceremony held on January 31, 2018 at Kathmandu, Nepal , recently, awarded SAFA "Certificate of Merit" Award to First Habib Modaraba (FHM) in the category of "Financial Services Sector" for "Best Presented Annual report Awards" and " SAARC Anniversary Award for Corporate Governance Disclosures" for the year 2016. FHM has been receiving this award since last eight consecutive years. Press Release

PACRA Maintains Ratings of First Habib Modaraba (FHM)

According to Pakistan, credit Rating Agency Limited (PACRA) has to PACRA provide their press release dated December 30, 2017, the FHM was assigned rating scale of AA+ for long-term and A1+ for short term. These ratings denote a very low expectation of credit risk emanating from a very strong capacity for timely payment of financial commitments.

Notice of Annual Review Meeting

Notice is hereby given that the Annual Review Meeting of certificate-holders of First Habib Modaraba will be
held on October 19, 2017, at 4.30 p.m. at Institute of Cost and Management Accountants of Pakistan (ICMAP)
Building, ST-18/C Block-6, Gulshan-e-Iqbal, Karachi, to review the performance of the Modaraba for the year
ended June 30, 2017.

FPCCI Achievement Award

As on 4th October 2017, FPCCI has awarded “FPCCI Achievement Award” to First Habib Modaraba (FHM) under the category of NBFI.  This recognition has been given to FHM for the promotion of Islamic Finance within NBFI and Modaraba sector.

First Habib Modaraba announces 20 percent cash dividend

The directors of First Habib Modaraba (FHM) in their Board of Directors meeting held on August 10, 2017, announced the cash dividend of 20 percent. The financial performance of the Modaraba remained satisfactory in 2016-17.

Best performing Modaraba award from NBFI and Modaraba Association of Pakistan

For the financial year ended 30th June 2016, the NBFI and Modaraba Association of Pakistan has awarded Best Performing Modaraba Award to FHM within the Modaraba sector. FHM has secured 2nd position in above award category. The award ceremony was held on May 23, 2017, at Karachi.

Transfer of Management Rights

The management Rights transfer process of First Habib Modaraba (FHM) from Habib Modaraba Management (Pvt.) Limited to Habib Metropolitan Modaraba Management Company (Pvt.) Limited (HMMML) has been completed and Management of FHM has been now taken over by HMMML.