Warning flag of your Modaraba ripoff-a good ponzi strategy during the Pakistan: playing with prey is the reason ideal protection

Warning flag of your Modaraba ripoff-a good ponzi strategy during the Pakistan: playing with prey is the reason ideal protection

This research aligned to determine warning flags of Modaraba ripoff while offering some pointers on the prevention away from Ponzi techniques. A great thematic research of your own data, amassed using semi-arranged interview which have you are decide to try participants, allowed the fresh boffins in conclusion into substance of your con. Results indicated that crucial red flags of con was extreme profits, void capital plans, multifaceted, complex and you can unregistered operations, rapid and you may participative rates from agents’ fee, and you can deferred unexpected profits. Findings next advise that dealers and condition-work on regulating authorities will help on protection of payday loans in Alaska Ponzi plans on due do so of their roles.


Modaraba is actually a keen Islamic partnership between the director/Modarib and you will proprietor from financing/Rabul-Mal; where in fact the manager of a funds invests money and the director capitalizes their studies getting powering a permissible team (Hassan and you can Lewis 2007; Usmani 2002). Modarib and Rabul-Mal dispersed profit from team as decided ration, however the loss will be adjusted against the says off Rabul-Mal (Usmani 2002).

Instance, Dream Suggests Around the globe (Pvt) Minimal, Fantasy in life Globally (Pvt) Limited, Modaraba People, Earn It Edu (Pvt.) Minimal, M/s 3A Alliance (private) minimal, Troverz Profit (Pvt) Restricted, M/s Geneva Vehicles Leasing Providers, Domain names Because of the Mlm (Pvt.) Restricted, M/s Askari Group Capital, XIANLE Wellness Activities (Pak) Co. Restricted, M/s. DXN In the world Pakistan (Private) Limited, Aapna (Pvt) Restricted, M/s Meters.Letter.M Motorcycle (Private) Limited, Trust Around the globe (Pvt) Limited, M/s UNAICO Pakistan (Pvt.) Limited, CNI-Chelate Web Globally Silver (Pvt) Restricted, M/s International Landmark (Pvt.) Minimal, Leader Income Services, Gold-mine International (GMI), Family relations Selling Characteristics, Daoud Investment Lender Limited, Sahara Scrape Card, Language Lottery, Dream Wizard In the world, Xianle and you may Seeks.

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