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Objectives of the Association
 

Modaraba Association of Pakistan was incorporated in April 1994. The main objectives are to :

  • Promote the Islamic way of business and in particular, encourage public awareness of the role of modarabas in the provisions of Islamic modes of financing.
  • Promote, safeguard and protect the interest of the members of MAP.
  • Act as an organ of communication for and to represent members of MAP in all or any of their relationships with Government, trade associations, the press and any other bodies.
  • Maintain and disseminate important information, data and statistics among the members.
  • Conduct surveys and analysis on the Islamic modes of business and finance with particular reference to modarabas and research studies for solving any problems encountered in the conduct of Islamic modes of business and finance.

 

 

 
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