First Al-Noor Modaraba (FANM)

First Al-Noor Modaraba has announced a board meeting scheduled for August 31, 2026, to consider annual financial results for the period ended June 30, 2026, and potential entitlements. A closed period is in effect from August 24 to August 31, 2026.

First Al-Noor Modaraba reported a net loss after tax of PKR 14.37 million for the nine months ended March 31, 2026, compared to a loss of PKR 5.45 million in the same period last year. The performance was significantly impacted by adverse mark-to-market valuation adjustments on the investment portfolio due to geopolitical tensions and changes in PSX settlement mechanics.

Fisrt Al Noor Modaraba reported a net loss of PKR 14.37 million for the nine months ended March 31, 2026, compared to a loss of PKR 5.45 million in the same period last year. The company's financial performance was negatively impacted by significant unrealized losses on investments.