ORIX Modaraba (ORIXM) (Formerly Standard Chartered Modaraba) Established in 1987, floated under the Modaraba Ordinance of 1980, ORIXM is one of the largest modarabas in Pakistan. It is listed on the Pakistan Stock Exchange and has a history of offering highest dividends on its certificates. ORIX Leasing Pakistan Limited (OLP) and ORIX Services Pakistan (Private) Limited (Formerly Standard Chartered Services of Pakistan (Private) Limited) each own ten percent shareholding in ORIXM and hence are the associated companies of ORIXM.