SECP head to inaugurate Islamic financing facility centre in Rawalpindi

ISLAMABAD, November 30: The SECP chairman, Mr. Zafar Hijazi will inaugurate today (Thursday, December 1) the first Islamic financing facility centre in Rawalpindi set up by the modaraba sector.

First Habib Modaraba, Orix Modaraba, Allied Rental Modaraba and Trust Modaraba have completed the arrangements to open an Islamic financing facility centre in Rawalpindi. The centre which is the first of its kind will facilitate the public and small customers to obtain Islamic financing facilities to buy motorcycles, on cheaper terms than those offered by the informal sector.