First IBL Modaraba (FIBLM)
MODARABAS
15.14
-0.06 (-0.39%)
Updated 2 days ago
52-week range
Yes, FIBLM is Shariah compliant. First IBL Modaraba is a constituent of the KMI All Shares Islamic Index published by the Pakistan Stock Exchange. It last traded at 15.14 PKR, down +0.39% on the day, in the MODARABAS sector.
AI analysis
WatchRefreshed 3 days agoFirst IBL Modaraba trades sideways, poised for modest upside amid steady growth
First IBL Modaraba operates as a Shariah‑compliant investment vehicle, providing structured financing solutions within the Pakistani market. The stock is currently trading in a sideways range, positioned below its 50‑day moving average but above the 200‑day average, reflecting a period of consolidation after a 36% year‑to‑date gain.
Bull case
A sustained uptick in the broader market and continued confidence in Pakistan’s export‑driven growth could lift the stock further. If the price breaks above the 50‑day average and maintains momentum, the modaraba may capture additional upside from its growing asset base.
Bear case
The sideways trend and price below the 50‑day average suggest limited short‑term upside, while any slowdown in export growth or market volatility could pressure the stock. Additionally, the modaraba’s exposure to the broader economy and potential regulatory changes pose risks to its performance.
Today
| Open | 15.34 |
|---|---|
| Day high | 15.60 |
| Day low | 14.90 |
| Previous close | 15.20 |
| Volume | 95K |
| 30-day average volume | 181.7K |
Technicals
| RSI (14) | 49.8 |
|---|---|
| 20-day average | 14.86 |
| 50-day average | 15.73 |
| 200-day average | 12.89 |
| Support | 15.00 |
| Resistance | 15.24 |
| Daily volatility | 3.6% |
Trend: Sideways
What these numbers meanPerformance
| 1 week | -3.50% |
|---|---|
| 1 month | -0.10% |
| 3 months | +20.00% |
| 1 year | +39.30% |
Is FIBLM Shariah compliant?
First IBL 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.