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Company Profile
Wasl Mobility Modaraba (Formerly First Prudential Modaraba) is a multipurpose, perpetual Modaraba. The Modaraba is registered under the Modaraba Companies and Modaraba (Floatation and Control) Ordinance, 1980. The Modaraba is engaged in various modes of Islamic funding's and businesses which include ijarah financing, deployment of fund in musharika, morabaha and investment in securities.
| Saif Tariq | CEO |
| Faraz Akhtar Zaidi | Chairperson |
| Syed Shahid Owais | Company Secretary |
Office No. 818, 8th Floor, High-Q Tower, Jail Road, Lahore.
M/s. C & K Management Associates (Pvt) Limited, M 13, Progressive Plaza, Civil Lines Quarter, Near P.I.D.C, Beaumont Road, Karachi
BDO Ebrahim & Co, Chartered Accountants
June
Equity Profile
Announcements
| Date | Title | Document |
|---|---|---|
| Feb 27, 2026 | Transmission of Half Yearly Report for period ended 31 December, 2025 | View PDF |
| Feb 26, 2026 | FINANCIAL RESULTS FOR THE QUARTER ENDED 31 DECEMBER 2025 | View PDF |
| Oct 29, 2025 | Transmission of Quarterly Report for the Period Ended September 30, 2025 | View PDF |
| Oct 29, 2025 | FINANCIAL RESULTS FOR THE QUARTER ENDED 30 SEPTEMBER 2025 | View PDF |
| Oct 6, 2025 | Transmission of Annual Report for the Year Ended June 30, 2025 | View PDF |
| Date | Title | Document |
|---|---|---|
| Feb 18, 2026 | Board Meeting | View PDF |
| Oct 28, 2025 | Resolutions Approved by the Certificate Holders in Annual Review Meeting of Modaraba | View PDF |
| Oct 21, 2025 | BOARD MEETING | View PDF |
| Oct 6, 2025 | Notice of Annual Review Meeting -2025 | View PDF |
| Oct 6, 2025 | NOTICE OF ANNUAL REVIEW MEETING -2025 REVOKED | View PDF |
| Date | Title | Document |
|---|---|---|
| Mar 6, 2026 | Dispatch of Letter of Rights and CDC Intimation Letter | View PDF |
| Mar 6, 2026 | WASL | Wasl Mobility Modaraba (Formerly: First Prudential Modaraba) -NCCPL Notice | |
| Mar 5, 2026 | Schedule for Handling Un-paid Rights of Wasl Mobility Modaraba | View PDF |
| Mar 5, 2026 | Credit of Un-paid Rights of Wasl Mobility Modaraba -WASL | View PDF |
| Mar 3, 2026 | Auditors Certificate- PAYMENT FOR SUBSCRIPTION OF RIGHT SHARES BY DIRECTORS AND SUBSTANTIAL SHAREHOLDERS | View PDF |
Financials
All numbers in thousands (000's) except EPS
| 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|
| Profit after Taxation | 30,313 | 61,696 | 98,545 | 20,639 |
| Q2 2026 | Q1 2026 | Q3 2025 | Q2 2025 | |
|---|---|---|---|---|
| Profit after Taxation | (4,627) | 9,844 | (698) | 9,919 |

Ratios
| 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|
| EPS Growth (%) | (52.08) | (36.84) | 375.00 | 45.45 |
| PEG | (0.36) | (0.11) | 0.00 | 0.21 |










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