BMMC received approval for GEM board listing from PSX
Burj Modaraba Management Company (BMMC) has received approval from the Pakistan Stock Exchange (PSX) for listing Burj Clean Energy Modaraba (BCEM) on the Growth Enterprise Market (GEM), Pakistan’s First Green Energy Fund.
Adil Aziz
SECP authorizes Burj Modaraba to float first green energy modaraba of PKR1 Billion
The SECP’s Registrar Modaraba, with approval of the Religious Board, authorized floatation of Burj Clean Energy Modaraba (an Islamic Financial Institution) managed by Burj Modaraba Management Company (Private) Limited, under the Modaraba Ordinance, 1980. The floatation of new Modaraba will facilitate the growth of Shariah compliant financial products in the financial services market. After due…