First IBL Modaraba

First IBL Modaraba, an Islamic financial institution, provides financial services in Pakistan. It operates through three segments; Ijarah Finances; Musharakah Finances; and Investment Property. The company offers Ijarah lease finance for plant and machinery, motor vehicles, furniture and fixtures, and office equipment; Musharakah, an investment and management solution; Morabaha to finance the client's needs to purchase tangible commodities; and house finance to buy or renovate house. It serves construction and engineering companies, textile companies, power generation companies, cement manufacturing companies, educational sector, universities, group companies, and other individuals. First IBL Modaraba was formerly known as First Sanaullah Modaraba and changed its name to First IBL Modaraba in October 1994. The company was founded in 1989 and is based in Lahore, Pakistan.