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Modaraba Company
Paramount Investments Limited

STATEMENT OF ETHICS AND BUSINESS PRACTICES

We believe a complete code of ethics is a prerequisite for all Directors and employers of First Paramount Modaraba. We endeavour to have fully groomed employees committed to the Philosophy behind the code of ethics to caryy out honestly activities assigned to them. Our aim is to have highest standard of excellence for the product and the betterment for all those involved directly directly or indirectly with out Modaraba.

BOARD OF DIRECTORS
Mr. Tanweer Ahmed Magoon Chairman
Mr. Abdul Ghaffar Umer Chief Executive Officer
Mr. Ahmed Kasam Parekh Director
Mr. Abdul Razzak Jangda Director
Mr. Pir Mohammad A. Kaliya Director
Mr. Abid Aziz (Nominee Director of Pak Libya Holding Co. Limited) Director
Mr. Nadeem Iqbal Director
   
Mr. Naseemuddin Zubairi Chief Financial Officer
   
Mr. Shakeel Khan General Manager Admin & C&D
   
Mr. Mazhar-ul-Haq Siddiqui General Manager Corporate
   
   
AUDIT COMMITTEE  
Mian Tanweer Ahmed Magoon Chairman
Mr. Ahmed Kasam Parekh Director
Mr. Pir Mohammad A. Kaliya Director
Mr. Naseemuddin Zuberi Secretary
   
MANAGEMENT COMMITTEE  
Mr. Tanweer Ahmed Magoon Chairman
Mr. Abdul Ghaffar Umer Chief Executive Officer
Mr. Ahmed Kasam Parekh Director
Mr. Nadeem Iqbal Director
   
CHIEF FINANCIAL OFFICER  
Mr. Naseemuddin Zubairi Chief Financial Officer
   
FIRST SHARIAH CERTIFIED MODARABA by  
Mufti Abdul Sattar Laghari (Map) Sharia Advisor  
   
   
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