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Avanceon Limited

AVN · TECHNOLOGY & COMMUNICATION

CompliantCompliant since the review effective 2025-06-10
PSX-KMI All Share Islamic Index

Screening criteria

  • Debt Ratio (D/A)must be under 37%
    9.33%Pass
  • Investment Ratio (NCInv/TA)must be under 33%
    0.00%Pass
  • Income Ratio (NCInc/TR)must be under 5%
    0.00%Pass
  • Illiquid Assets Ratio (IA/TA)must be at least 25%
    25.60%Pass
  • Net Liquid Assets per Share vs Share Priceshare price must be at or above net liquid assets per share
    Rs 43.66 vs Rs 18.58Pass

Shariah board notes

4 Shariah screening is based on the latest available financial statements (December 2025) in the KMI All Share List, while in the KMI-30 List screening was carried out using last available financial statements that was June 2025.

Status history

  1. 2026-06-05Compliantaccounts to 2025-12-31
  2. 2025-12-02Compliantaccounts to 2025-06-30
  3. 2025-06-10Compliantaccounts to 2024-12-31

Pakistan Stock Exchange, screened by the Shariah Supervisory Board of the KMI index partner (Meezan Bank). Maalify does not issue its own compliance rulings.

Status is as of the review using accounts to 2025-12-31, effective 2026-06-05. It can change at the next semi-annual review, expected December 2026.

Source document: official PSX notice (PDF)

Educational information only — not investment advice.

Ask Maalify about AVN

Ask follow-up questions about this company's screening — in English or Roman Urdu.

Maalify explains the official PSX screening. It does not issue Shariah rulings, and this is educational information (maloomat), not investment advice (mashwara nahi).