ANNUAL REPORT
31 DEC 2022
CONTENTS
P.2 | P.3 | P.4 | |||
Coperate Profile | Our Vission and Our Mission | Jama Punji | |||
P.5 | P.6 - 7 | P.8 | |||
Six Years at a Glance | Chairman's Review | Directors' Report | |||
Chairman's Review (Urdu) | |||||
P.14 | P.20 | P.23 | |||
Directors' Report (Urdu) | Statement of Compliance | Review Report on Statement | |||
with the Code of Corporate | of Compliance with the Code | ||||
Governance | of Corporate Governance | ||||
P.25 | P.26 | P.27 | |||
Notice of Book Closure & | Pattern of Certificate Holders | Categories of Certificate | |||
Annual Review Meeting | Holders | ||||
FINANCIAL REPORT | |||||
P.30 | P.32 | P.33 | |||
Auditors' Report | Annual Shari'ah Advisor's | Balance Sheet | |||
Report | |||||
P.34 | P.35 | P.36 | |||
Profit & Loss and Account | Statement of Comprehansive | Cash Flow Statement | |||
Income | |||||
P.37 | P.38 | ||||
Statement of Changes in | Notes to the Unconsolidated | ||||
Equity | Financial Statements | ||||
CONSOLIDATED FINANCIAL REPORT | |||||
P.78 | P.80 | P.81 | |||
Auditors' Report | Balance Sheet | Profit & Loss and Account | |||
P.82 | P.83 | P.84 | |||
Statement of Comprehansive | Cash Flow Statement | Statement of Changes in | |||
Income | Equity | ||||
P.85 |
Notes to the Consolidated
Financial Statements
Annual Report 2022
1
CORPORATE
PROFILE
Board of Directors
Punjab Modaraba Services (Pvt.) Ltd.
Nadeem Amir | Chairman |
Aamir Malik | Chief Executive |
Ijaz ur Rehman Qureshi | Director |
Umer Iqbal Sheikh | Director |
Imran Bashir | Director |
Samina Afsar | Director |
Khawar Shahid Ansari | Director |
Chief Financial Officer | |
Syed Asad Raza | |
Company Secretary | |
Mudassar Kaiser Pal | |
Audit Committee | |
Imran Bashir | Chairman |
Ijaz ur Rehman Qureshi | Member |
Samina Afsar | Member |
Human Resource Committee | |
Samina Afsar | Chairperson |
Ijaz ur Rehman Qureshi | Member |
Umer Iqbal Sheikh | Member |
Imran Bashir | Member |
Aamir Malik | Member |
Board Risk Management Committee
Ijaz ur Rehman Qureshi | Chairman |
Umer Iqbal Sheikh | Member |
Aamir Malik | Member |
Auditors of the Modaraba
A.F. Ferguson & Co. Chartered Accountants
Auditors of the Management Company
Shinewing Hameed Chaudhry & Co. Chartered Accountants
Bankers
The Bank of Punjab
NRSP Microfinance Bank Limited
Registrar
Hameed Majeed Associates (Pvt.) Ltd.
H.M House, 7-Bank Square,
The Mall, Lahore
Tel : (+92-42)37235081-2
Registered Office
Office # 100, 3rd Floor, National Tower, 28-Egerton Road, Lahore.
Postal Code No. 54600
PABX : (+92-42) 36365191
FAX : (+92-42) 36365193
E-mail : info@punjabmodaraba.com.pk
URL : www.punjabmodraba.com.pk
2
First Punjab Modaraba
Our Vision
Connect the Community to
Islamic Mode of Financing
Our Mission
We h ave committed t o progressively enhance fully r e- searched i slamic F inancing Products and shall continue
to m eet our c urtomers needs
Annual Report 2022 3
4
First Punjab Modaraba
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