First Punjab Modaraba

In all our actions we seek
the Help, Guidance and Blessings of
Almighty Allah

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.