Muhammad Shoaib Ibrahim, CEO and Managing Director, First Habib Modaraba has been elected as Chairman of NBFI & Modaraba Association of Pakistan for the year 2019-20. With more than two decades experience in non-bank Islamic financial institutions and Modarabas, he is a senior expert on this topic in Pakistan. This experience has given him insight into the financial and technical aspects of the non-banking Islamic financial activities covering financial services, equity market and asset management. Under his leadership, at present, FHM is well positioned in the Islamic financial market with a strong equity base, sound assets size and profitability within the modaraba sector of Pakistan.

Shoaib holds a Master of Business Administration (MBA) in banking and finance from the Institute of Business Administration (IBA). He has also completed a Post Graduate Diploma (PGD) in Islamic Banking from the Centre of Islamic Economics (Darul Ulum), Karachi Pakistan. He is country correspondent of Islamic Finance News, Malaysia and also has presented research papers on the modaraba and other Islamic financial products at different local and international forums.-PR

Copyright Business Recorder, 2019