Not compliantThis status since the review effective 2025-06-10
Screening criteria
Debt Ratio (D/A)must be under 37%
46.62%Fail
Investment Ratio (NCInv/TA)must be under 33%
0.00%Pass
Income Ratio (NCInc/TR)must be under 5%
0.01%Pass
Illiquid Assets Ratio (IA/TA)must be at least 25%
69.16%Pass
Net Liquid Assets per Share vs Share Priceshare price must be at or above net liquid assets per share
Rs 192.09 vs Rs 144.50Pass
Above the limit, but still compliant. The Shariah board granted an exception here, so the ratio alone does not decide the verdict. Their note is quoted below.
Shariah board notes
1 Based on September-2025 accounts
Status history
2026-06-05Not compliantaccounts to 2025-12-31
2025-12-02Not compliantaccounts to 2025-06-30
2025-06-10Not compliantaccounts 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.
Educational information only — not investment advice.
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Maalify explains the official PSX screening. It does not issue Shariah rulings, and this is educational information (maloomat), not investment advice (mashwara nahi).
