First ImroozModaraba (FIM) has been operational since 1994 and is listed on the Karachi Stock Exchange. The Modaraba primarily trades in industrial raw materials, catering to numerous industries like paint, coatings, pharmaceuticals, food, agriculture, personal care, household, textile, etc. The common perception of a Modaraba is that it is a ﬁnancial institution, however, FIM does not offer any ﬁnancial services.
First ImroozModaraba (FIM) is managed by AR Management Services (Pvt) Limited, having it's head oﬃce in Karachi with a branch oﬃce in Lahore.
Following the quality of our service thus having gained the trust of our many clients.
We have established a corporate mandate to maintain strong core values that truly reﬂect.
Our company develops a unique dynamically and keeps in step with the times.
The Best Industry And Company Services
Raw materials for Paint industries like pigments, biocides, anti-settling, anti-foaming, and anti-skinning agents.
Raw material for master batches.
Raw material for grease manufacturing.
Food colors for food industries.
Food ﬂavors for ice creams, biscuits, confectionery, drinks, and savory industries.
Phosphates for baking industries.
Surfactants for pharmaceutical industries.
Pharmaceutical ingredients for tablets coating, thickness and foaming agents for toothpaste, etc.
Surfactants for personal care industries.
Surfactants for detergent industries.
Pigments for soaps.
Raw materials for textile industries to be used in printing, dyeing, and processing.
Raw materials for adhesive and glues.
Surfactants for pesticides.
Biocides, tanning agents, and surfactants for leather.
Mr. Ashraf Riaz’s eldest son, Mr.Naveed Riaz had his early education at the German Model School and the Petaro Cadet College in Karachi. After acquiring a Masters's degree in English Literature from Punjab University, he joined the family business as an apprentice in 1969.
Mr. Ameed Riaz is the current Group Chief Executive of Imrooz. Born in 1965, Mr. Riaz completed his schooling at the Karachi Grammar School. He is an alumni of the Institute of Business Administration (IBA) and Harvard Business School. He began his professional career in 1989 by successfully leading the family’s dairy and milk food businesses.