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OLP Modaraba (OLPM)

Karachi

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20.25 +0.93 +4.81%

25/07 - Closed. Currency in PKR

Type: Equity

Market: Pakistan

ISIN: PK0032401017

S/N: OLPM

Volume: 10,125
Bid/Ask: 19.75 / 20.15
Day's Range: 19.70 - 20.28

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OLP Modaraba Company Profile

Get an in-depth profile of OLP Modaraba, including a general overview of the company's business and key management, as well as employee data and location and contact information.

IndustryBanking Services

SectorFinancial

Employees

Equity Type

ORD

OLP Modaraba provides Shariah compliant financial solutions to corporate, high and mid-tier SMEs, and consumer market in Pakistan. The company offers financial leasing of plants, machineries, motor vehicles, and office and computer equipment under the Ijarah financing solution; house finance diminishing Musharakah, a mortgage financing product; and diminishing Musharakah that allows equity participation and sharing of pro¬fits on a pro-rata basis; and Murabaha finance for commodity selling as per the purchasing price with an agreed pro¬fit basis. It also provides certificate of Musharakah, a profit and sharing instrument for investors; Salam, a commodity contract of sale services; and Istisna, a manufactured or constructed contract of sale for certain assets financing solution, as well as syndicate financing services. The company was formerly known as ORIX Modaraba and changed its name to OLP Modaraba in March 2022. OLP Modaraba was incorporated in 1987 and is headquartered in Karachi, Pakistan.

Contact Information

Address Syedna Tahir Saifuddin Memorial Foundati Office No. 601
6th Floor, Beaumont Road Civil Lines Karachi,
Pakistan

Phone 92 21 3824 1168

Fax -

Web www.olpmodaraba.com

Top Executives

Name	Age	Since	Title
Raheel Qamar Ahmad	-	2011	MD, CEO & Executive Director
Nausherwan Adil	-	2017	Independent Director
Faysal Riaz	-	2016	Non-Executive Director
Ramon Alfrey	-	2016	Non-Executive Director
Naila Hassan	-	2023	Independent Director
Naveed Kamran Baloch	-	2024	Director

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