The NBFI and Modaraba Association of Pakistan started giving Best performing Modaraba Award from the year 2000. The moto of this award to promote those entities  within the NBFI and  Modaraba sector who are performing well and also adhering to best corporate and governance culture.

Executives Committees of the associations revises and further improv the award criteria on regular basis  in line with the standards set by the Karachi Stock Exchange, Institute of Chartered Accountants of Pakistan & Management Association of Pakistan.

The assessment criteria comprises on

•          Primarily qualification (Distribution of dividends)
•          Financial Evaluation
•          Analysis of other  Financial Factors
•          Corporate Governance
•          Corporate Social Responsibility
•          Entity Credit Rating.

Allhamdulillah, First Habib Modaraba (FHM) meets the said criteria every year since last several years. So far FHM has received 19 awards as “Best Performing Modaraba Award” within last 20 years from above association.