First Equity Modaraba (FEM)
MODARABAS
11.69
-0.55 (-4.49%)
Updated 20 hours ago
52-week range
Yes, FEM is Shariah compliant. First Equity Modaraba is a constituent of the KMI All Shares Islamic Index published by the Pakistan Stock Exchange. It last traded at 11.69 PKR, down +4.49% on the day, in the MODARABAS sector.
AI analysis
HoldRefreshed 8 hours agoFirst Equity Modaraba Maintains Uptrend Amid Stable Volatility
First Equity Modaraba operates as a Shariah‑compliant investment vehicle within the Pakistani equity market. The stock sits above its 50‑ and 200‑day moving averages and has shown modest gains over the past year, reflecting a steady uptrend.
Bull case
If the broader market continues to support export‑driven growth and the company’s assets remain robust, the uptrend could persist, potentially lifting the share price further. Continued investor confidence in Shariah‑compliant instruments may also sustain demand.
Bear case
A slowdown in Pakistan’s export sector or tightening monetary policy could dampen market sentiment, putting pressure on the stock. Any deterioration in the company’s asset performance or regulatory changes affecting Modarabas could also pose risks.
Today
| Open | 12.49 |
|---|---|
| Day high | 12.49 |
| Day low | 11.57 |
| Previous close | 12.24 |
| Volume | 104.6K |
| 30-day average volume | 103.1K |
Technicals
| RSI (14) | 56.2 |
|---|---|
| 20-day average | 11.01 |
| 50-day average | 11.21 |
| 200-day average | 10.33 |
| Support | 11.62 |
| Resistance | 11.81 |
| Daily volatility | 3.4% |
Trend: Uptrend
What these numbers meanPerformance
| 1 week | +10.90% |
|---|---|
| 1 month | +4.00% |
| 3 months | -0.50% |
| 1 year | +4.90% |
Is FEM Shariah compliant?
First Equity 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.