First Fidelity Leasing Modaraba is a Pakistan-based perpetual, multipurpose and multi-dimensional Modaraba. The Modaraba offers a range of Islamic financial services. The Modaraba's services include Morabaha (Sale Contract at a Profit Margin), Musharaka and Ijara (leasing). Morabaha is a contract in which the client requests the Modaraba to purchase for him a certain commodity at a specific cash price with a written promise to purchase such commodity from the Modaraba at an agreed price, including profit margin called mark up. Musharaka is an Islamic mode of providing capital for a business. In Ijara financing, the contract takes the form of an order by the Client (Lessee) to the Modaraba, requesting the Modaraba to purchase vehicle, plant and machinery, office equipment, furniture and fixture, and office buildings, among others, promising at the same time, to get it leased from the Modaraba after it has been purchased.