Allied Rental

The Modaraba has commenced its business operations on January 10th, 2007 with equity of Rs 600 million. The primary business of Allied Rental Services Limited is to engage in the Rental business by managing the rental fleet of equipment’s comprising Power Generation Equipment, Material Handling Equipment’s and Construction related machinery. Modaraba provides rental services across Pakistan through the facilities of its sponsors located in Karachi , Lahore , Islamabad , Multan , Faisalabad , Peshawar and Quetta . Modaraba has commenced its business with a vast clientele network that it has inherited from its sponsor’s already established Rental business. The business model of Allied Rental Services Limited is of pure Ijarah in Islamic terminology, where the equipment is given on rent for any period ranging from days, weeks or months and all the costs related of installation, operation and maintenance (except Fuel) is totally borne by the Modaraba.