B.F. Modaraba (BFMOD)
MODARABAS
22.09
0.82 (+3.86%)
Updated 18 hours ago
52-week range
Yes, BFMOD is Shariah compliant. B.F. Modaraba is a constituent of the KMI All Shares Islamic Index published by the Pakistan Stock Exchange. It last traded at 22.09 PKR, up +3.86% on the day, in the MODARABAS sector.
AI analysis
WatchRefreshed yesterdayB.F. Modaraba trades in a sideways range amid moderate macro backdrop
B.F. Modaraba operates as an Islamic financial institution, and its shares are currently moving sideways, trading below both the 50‑day and 200‑day moving averages. The stock has shown modest gains over the past month, a decline over the last quarter, and a strong rebound over the past year, positioning it roughly one‑third through its 52‑week range.
Bull case
If Pakistan’s export‑driven growth and structural reforms translate into higher demand for Shariah‑compliant financing, the modaraba could benefit from increased asset inflows and improved earnings, supporting a move above its current averages.
Bear case
Risks include potential market volatility, the upcoming ARM that could dilute equity, and broader macro uncertainty that may weigh on the Islamic finance sector.
Today
| Open | 21.20 |
|---|---|
| Day high | 22.79 |
| Day low | 20.50 |
| Previous close | 21.27 |
| Volume | 32.5K |
| 30-day average volume | 35.8K |
Technicals
| RSI (14) | 54.3 |
|---|---|
| 20-day average | 20.72 |
| 50-day average | 21.98 |
| 200-day average | 22.27 |
| Support | 21.93 |
| Resistance | 22.25 |
| Daily volatility | 3.7% |
Trend: Uptrend
What these numbers meanPerformance
| 1 week | +13.40% |
|---|---|
| 1 month | +6.20% |
| 3 months | -4.90% |
| 1 year | +46.20% |
Upcoming
- payout 5%(F) (D), book closure 2026-10-22
- ARM on 2026-10-28
Is BFMOD Shariah compliant?
B.F. Modaraba is a constituent of the KMI All Shares Islamic Index, the Shariah-screened index published by the Pakistan Stock Exchange. On that basis it passes the exchange's Shariah screen. Index membership is reviewed periodically, and this page reflects the latest published list.
This is a description of index membership, not a religious ruling. Consult a qualified scholar for guidance on your own circumstances. How the screen works.
Other MODARABAS stocks
SmartSarmaya is an educational research tool, not a licensed financial adviser and not a source of religious rulings. Shariah status reflects membership of the KMI All Shares Islamic Index published by the Pakistan Stock Exchange. Always do your own research.