First Punjab Modaraba

Achieve your financial goals by making smarter decisions. All Islamic.

Our Core Business Products

Through its 3 Core Business Products, First Elite Capital Modaraba has the ability to offer comprehensive tailor-made solutions to its clients

Murabahah

Is in fact a term of Islamic Fiqh and it refers to a particular kind of sale where the seller agrees with his purchaser to provide him a specific commodity on a certain profit added to his cost.

Musharakah

This is a mode of Islamic finance where two or more parties provide financing for a particular project. Profit is shared on a predetermined ratio but any loss is borne on the basis of equity participation.

Ijarah (Leasing)

An agreement whereby the lessor conveys to the lessee in return for a payment or series of payments the right to use an asset for an agreed period of time.