First Paramount Modaraba engages in the operation of a non-banking Islamic financial institute. It operates through the following segments: Financing, FPM Solutions, FPM Petro Services, and Others. The Financing segment provides financing to clients. The FPM Solutions segment offers power solutions to the service and manufacturing industries. The FPM Petro Services segment is involved in the provision of chemical components. The company was founded in1992 and is headquartered in Karachi, Pakistan.