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Corporate History

Mr. Siddique Dawood (Late), an eminent member of Dawood family, in collaboration with National Development Finance Corporation Limited formed . . . . . . . . .

Mission & Vision

To become a symbol for spreading a variety of Islamic modes of financing, thereby providing ample and profitable investment opportunities to the stake holders who demand Halal Profits according to Shari’ah Laws.


Musharaka is an Islamic mode of financing in the form of a partnership between the modaraba and its client whereby each party contributes to the capital of the partnership in equal or varying degrees either to establish a new project or share in an existing project. The accruing profit is divided between the partners pre-agreed formula, while losses are shared on pro rata basis.

ijaraha brr guardian modaraba

Ijarah are leases that are Shariah compliant, it is an exchange transaction in which a usufruct of an asset is transferred to lessee in return for a payment, but where ownership of the asset itself is not transferred. However, the lessee can agree at the outset to buy the asset at the end of the lease period.

Diminishing Musharaka

Diminishing Musharaka - this is a Musharaka where, the modaraba gradually transfers its share in the Musharaka to the Musharik so as to decrease its share in order to transfer the ownership of the venture to the other party. This is a Diminishing Musharaka.


Chief Executive

Mr. Ayaz Dawood

talking about successful journey 

Disclaimer: “In case your complaint has not been properly redressed by us, you may lodge your complaint with Securities and Exchange Commission of Pakistan (the “SECP”). However, please note that SECP will entertain only those complaints which were at first directly requested to be redressed by company and the company has failed to redress the same. Further, the complaints that are not relevant to SECP’s regulatory domain/competence shall not be entertained by the SECP.”

Last Updated On :  November 04, 2019