Company Information

Get to know First Paramount Modaraba

First Paramount Modaraba was established in Pakistan in 1987 under the Modaraba Companies and Modaraba (Floatation and Control) Ordinance, 1980, and is managed by Paramount Investments (Private) Limited. As a perpetual, multi-purpose Modaraba, it provides a range of Islamic financing solutions, including Ijarah (leasing), Murabaha, and Diminishing Musharakah to a diverse clientele. The company is publicly listed on the Pakistan Stock Exchange and is committed to operating under strict Shariah principles to contribute to the growth of Islamic finance in the region.

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First Paramount Modaraba

Pakistan

Founded in

1992 (34 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

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Regulated

Recommended

IUX

(2,284 reviews)

Mauritius

2015

(10 years)

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This company is currently Unproved.

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License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.