First IBL Modaraba Sees Massive Ownership Shift as ZTP and IBMU Builders Acquire Majority Stake
ZTP Private Limited and IBMU Builders acquire over 50 percent stake in First IBL Modaraba, signaling a major strategic shift for the PSX listed entity.
Sindh Modaraba Management to Inject Rs1 Billion Riba-Free Fund to Strengthen Capital Base
Sindh Modaraba Management Limited’s board approves the transfer of up to Rs1 billion in Shariah-compliant subordinated funding to Sindh Modaraba, reinforcing its capital structure.
Sindh Government Injects Rs. 2 Billion into Sindh Modaraba to Expand Shariah-Compliant Financing Across the Province
Sindh Government approves a Rs. 2 billion equity injection into Sindh Modaraba to strengthen its Islamic financing operations, expand branch networks, and enhance its organisational capacity.