First IBL Modaraba is a Pakistan-based financial institution. The Company is engaged in various Islamic modes of financing and operations, including Ijarah, Musharaka and Murabaha arrangements. The Company's segments include Murabaha receivable, Musharaka receivable, Ijarah receivable and Investment in ijarah under Islamic Financial Accounting Standard-2 (IFAS-2). The Company is engaged investing in Shari'ah compliant securities. It provides Islamic Financial products to the corporate sector, as well as individual consumers. Its clientele ranges from the construction and engineering companies, textile companies, power generation companies, cement manufacturing companies, educational sector, universities and group companies to individuals. It offers working capital for a business, house loans and term leases for vehicles and machinery. Its products include Musharakah (Islamic lending/personal lending), Ijarah (lease for vehicles/machineries) and Murabaha (working capital).