First Habib Modaraba (FHAM)
MODARABAS
27.68
0.13 (+0.47%)
Updated 16 hours ago
52-week range
Yes, FHAM is Shariah compliant. First Habib Modaraba is a constituent of the KMI All Shares Islamic Index published by the Pakistan Stock Exchange. It last traded at 27.68 PKR, up +0.47% on the day, in the MODARABAS sector.
AI analysis
WatchRefreshed 7 hours agoFirst Habib Modaraba faces continued downside pressure amid weak trend
First Habib Modaraba, a Shariah‑compliant modaraba listed on the PSX, has been trading below both its 50‑ and 200‑day moving averages. The stock remains near the lower end of its 52‑week range and has declined over the past year, reflecting a persistent downtrend.
Bull case
A shift in market sentiment or a rebound in the broader Pakistani equity market could lift the stock back above its short‑term averages, potentially unlocking upside.
Bear case
Ongoing weak trend, low relative strength, and continued price decline below key moving averages increase downside risk.
Today
| Open | 27.60 |
|---|---|
| Day high | 27.95 |
| Day low | 27.52 |
| Previous close | 27.55 |
| Volume | 2.5K |
| 30-day average volume | 42.4K |
Technicals
| RSI (14) | 30.3 |
|---|---|
| 20-day average | 28.96 |
| 50-day average | 30.95 |
| 200-day average | 31.86 |
| Support | 27.51 |
| Resistance | 29.11 |
| Daily volatility | 1.6% |
Trend: Strong downtrend
What these numbers meanPerformance
| 1 week | -0.30% |
|---|---|
| 1 month | -10.70% |
| 3 months | -16.90% |
| 1 year | -16.20% |
Is FHAM Shariah compliant?
First Habib 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.