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       <h2 data-aos="fade-down">Regulatory Framework for Modarabas</h2> 
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            <h4 class="title"><a href="#">Modaraba Ordinance</a></h4>
            <p class="description"> 
              <a href="https://www.secp.gov.pk/document/modaraba-companies-modaraba-floatation-control-ordinance-1980/?wpdmdl=653&amp;refresh=6136fc0308ecf1630993411" title="Download Link" target="_blank">Modaraba Companies and Modaraba (Floatation and Control) Ordinance,&nbsp; 1980</a>
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            <h4 class="title"><a href="#">Modaraba Rules</a></h4>
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               <a  href="https://www.secp.gov.pk/document/modaraba-companies-and-modaraba-rules-1981/?wpdmdl=671&amp;refresh=6136fd473c81c1630993735" title="Download Link" target="_blank">Modaraba Companies and Modaraba Rules, 1981 </a>
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            <h4 class="title"><a href="#">Modaraba Regulations</a></h4>
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              <a href="https://www.secp.gov.pk/document/the-modaraba-regulations-2021/?wpdmdl=41867&amp;refresh=61486b27caa8f1632135975" title="Download Link" target="_blank">The Modaraba Regulations, 2021</a>
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            <h4 class="title"><a href="#">Fit &amp; Proper Criteria</a></h4>
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              Fit &amp; Proper Criteria for the Sponsors, Directors, CEO and Key Executives, 2008 
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            <h4 class="title"><a href="#">Shariah Audit Mechanism </a></h4>
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             <a class="" href="https://www.secp.gov.pk/document/shariah-compliance-and-shariah-audit-mechanism-scsam-for-modarabas/?wpdmdl=12796&amp;refresh=6148704c236a91632137292 " title="Download Link" target="_blank">Shariah Compliance and Shariah Audit Mechanism, 2012 </a>
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            <h4 class="title"><a href="#">Corporate Act </a></h4>
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               <a href="https://www.secp.gov.pk/document/companies-act-2017/?wpdmdl=28472&amp;refresh=6136ff6f6375b1630994287" title="Download Link" target="_blank">The Companies Act, 2017</a>
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            <h4 class="title"><a href="#">Prudential Regulations</a></h4>
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               <a class=" " href="https://www.secp.gov.pk/document/prudential-regulations-for-modarabas-3/?wpdmdl=13329&amp;refresh=614870545a36e1632137300" title="Download Link" target="_blank" >Prudential Regulations for Modarabas, 2004</a>
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            <h4 class="title"><a href="#">Code of Conduct</a></h4>
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             Code of Conduct of NBFI &amp; Modaraba Association of Pakistan
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