ICAP AWARDS

The annual report is the company's most important strategic communication document, setting forth the company's vision, values and operating philosophy as well as communicating its past performance and outlining its future opportunities and growth prospectus, enabling an investor making an informed decision about investment in that organization.

The Joint Committee of the Institute of Chartered Accountants of Pakistan (ICAP) and the Institute of Cost & Management Accountants of Pakistan (ICMAP) initiated the Best Corporate Reports Award in the year 2000, with the aim to encourage local companies to follow transparency in preparing their annual reports according to international

Every year, Joint Committee of ICAP and ICMAP, comprising of prominent professionals working in prestigious organizations, evaluates and assess corporate reports against prescribed criteria.   The criteria not only comprises on mandatory requirement of Companies Ordinance, the Code of Corporate Governance and IFRS but also encourages adopting best business practices and good governance being followed all over the world. The Criteria also review by said committee on regular basis in order to keep pace with the international best practices and the local reporting frameworks.

Alhamdulillah, First Habib Modaraba is receiving Best Report Award from said joint committee since last Twelve consecutive years within the category of NBFIs sector. The category NBFIs is consisting on Insurance, Leasing, Investment banks, and Modarabas. By the grace of God, FHM is  only Modaraba in entire Modaraba sector who have been receiving this award since last several  years.

2022	2021
2020	2019
2018	2017
2016	2015
2014	2013
2012	2011
2010	2009