Wasl Mobility Modaraba(Right) — Investor Relations & Filings

Wasl Mobility Modaraba is a multipurpose, perpetual Modaraba managed by Wasl Modaraba Management Company. It provides Islamic funding and financial services, primarily focusing on the mobility sector. The Modaraba employs a risk-controlled, technology-driven credit model to offer ijarah financing and leases for two and three-wheelers, encompassing both internal combustion engine (ICE) and electric vehicle (EV) variants. Services are directed towards gig economy partners and direct retail customers, aiming to enhance liquidity in credit-underserved segments. Its activities also include other Islamic funding modes such as musharika, morabaha, and investment in securities.