Business Directory: Details: First Crescent Modaraba
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Website Address: http://www.business.com/directory/financ...
Website Description:
First Crescent Modaraba. The Company's principal activities are to provide leasing, morabaha and musharaka financing, trading and other business services and investing in marketable securities. It leases out plant and machinery, vehicles and office equipment. Lease rentals accounted for 43% of fiscal 2001 revenues; Trading income, 34%; Interest income, 20%; Fees, commission and other income, 3% and Other services, nominal.
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