First Paramount Modaraba (FPRM)
MODARABAS
12.93
-0.27 (-2.04%)
Updated 2 days ago
52-week range
Yes, FPRM is Shariah compliant. First Paramount Modaraba is a constituent of the KMI All Shares Islamic Index published by the Pakistan Stock Exchange. It last traded at 12.93 PKR, down +2.04% on the day, in the MODARABAS sector.
AI analysis
HoldRefreshed yesterdayFirst Paramount Modaraba maintains strong uptrend amid supportive market backdrop
First Paramount Modaraba is a Shariah‑compliant investment vehicle focused on structured finance within Pakistan. The share sits above both its 50‑ and 200‑day moving averages and has been on a solid uptrend, reflecting steady demand from the market.
Bull case
If the broader Pakistani economy continues to benefit from export‑driven growth and structural reforms, liquidity for Shariah‑compliant funds could rise, supporting the share’s upward trajectory.
Bear case
Potential risks include market volatility, regulatory changes affecting Shariah funds, and any slowdown in the export sector that could dampen investor appetite.
Today
| Open | 13.20 |
|---|---|
| Day high | 13.38 |
| Day low | 12.80 |
| Previous close | 13.20 |
| Volume | 82.9K |
| 30-day average volume | 544.2K |
Technicals
| RSI (14) | 53.1 |
|---|---|
| 20-day average | 12.67 |
| 50-day average | 11.75 |
| 200-day average | 12.58 |
| Support | 12.81 |
| Resistance | 13.05 |
| Daily volatility | 5.7% |
Trend: Strong uptrend
What these numbers meanPerformance
| 1 week | -1.20% |
|---|---|
| 1 month | +8.20% |
| 3 months | -0.10% |
| 1 year | +9.80% |
Is FPRM Shariah compliant?
First Paramount 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.