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Editor Note:
 
 
“AlHuda CIBE is organizing World largest Conference on Islamic Banking & Finance on 7th April, 2008 at Lahore – Pakistan “
 
 
 
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FHM has become the observer member of IFSB
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First Habib Modaraba (FHM) has become the observer member of Islamic Financial Services Board (IFSB). At present FHM the only member of IFSB   in entire Modaraba and Non-Banking Financial Companies (NBFC) sector representing in Pakistan.

FHM is one of the best performing Modarabas in Modaraba sector having highest assets and equity size. FHM is consistently paying dividends to their Certificate Holders since the inception of business by FHM.

FHM is also maintaining its “A” category rating since last ten year. At present the credit rating of Modaraba is “AA” and “A1+” assigned by Pakistan Rating Agency (pvt) Ltd., (PACRA).

Recently Modaraba Association of Pakistan has awarded First Habib Modaraba (FHM) as 2nd best performing Modaraba for the year 2007. Furthermore, last year the Management Association of Pakistan (MAP) has also awarded “Corporate Excellent Certificate” Award to FHM.
 
 
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