First Elite Capital Modaraba is a perpetual, multi-purpose and multi-dimensional modaraba formed under the Modaraba Companies and Modaraba (Floatation and Control) Ordinance, 1980 and the Rules framed there under and is managed by Crescent Modaraba Management Company Limited. The company is is primarily engaged in the business of ijarah, musharakah and murabahah financing, investment in marketable securities and other related businesses.