B.R.R. Guardian Modaraba
B.R.R. Investments (Private) Limited (BRRI) formed ] in April, 1983 to promote investments in Pakistan through leasing. The company was registered on August 7, 1984 as a Modaraba Management Company under the Modaraba Companies and Modaraba (Floatation and Control) Ordinance, 1980. Guardian Modaraba merged with and into B.R.R. International Modaraba on July 01, 2006 and the name of B.R.R. International Modaraba was changed to B.R.R Guardian Modaraba. Consequently, the paid up fund of B.R.R Guardian Modaraba rose to Rs. 780.463 million. Crescent Standard Modaraba merged with and into B.R.R. Guardian Modaraba with effect from July 01, 2017. Consequently, the paid up fund of B.R.R Guardian Modaraba rose to Rs. 863.623 million.
The Modaraba offers lease financing to corporate entities as well as creditworthy individuals. The Modaraba also provides Musharaka, Morabaha and Equity Investments to cater the requirements of Trade & Industry. The Modaraba is unique among leasing companies and Modaraba in offering building leases. It offers the acquisition of buildings for its commercial clients through the medium of a building lease. The scheme provides both for the lease of a building on land owned by the client, or alternatively a lease encompassing both the provision of land and a building thereon.