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AIRLINK, ASTL, KOHC, NRL, PABC are Among 22 Companies Excluded From Shariah Compliant List

admin-augaf by admin-augaf
June 3, 2025
in Business, Finance
Reading Time: 2 mins read
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Karachi June 3 2025: Pakistan Stock Exchange Limited has carried out the re-composition exercise of PSXKMI ALL SHARE ISLAMIC INDEX for the review period July 01, 2024 to December 31, 2024.

The re-composition has been carried out on the basis of the criteria of selection of companies as detailed in the brochure of PSX-KMI All Share Islamic Index.

As a result of this exercise, the recomposed Index will consist of 258 companies in total. 15 companies have been added, while 22 companies have been removed.

The Incoming Companies for the KMI All Index include the following: Aisha Steel Mills Limited, Beco Steel Limited, Dawood Lawrencepur Limited, Ecopack Limited, Ghani Chemical Industries Limited, Gillette Pakistan Limited, ICC Industries Limited, Idrees Textile Mills Limited, Liven Pharma Limited, Mirpurkhas Sugar Mills Limited, Saif Power Limited, S.G. Power Limited, Sitara Energy Limited, Supernet Technologies Limited and The Thal Industries Corporation Limited.

The outgoing companies for the KMI All Index are Attock Cement Pakistan Limited, Air Link Communication Limited, Amreli Steels Limited, Asim Textile Mills Limited, Atlas Honda Limited, Crescent Steel & Allied Products Limited, Diamond Industries Limited, Dandot Cement Company Limited, Gammon Pakistan Limited, Kohat Cement Company Limited, Kohinoor Textile Mills Limited, Lalpir Power Limited, Nadeem Textile Mills Limited, National Refinery Limited, Pakistan Aluminium Beverage Cans Limited, Panther Tyres Ltd., Reliance Weaving Mill s Limited, Sunrays Textile Mills Limited, Thatta Cement Company Limited, Waves Corporation Limited, Waves Home Appliances Limited and Zarea Limited.

The recomposed PSX-KMI All Share Index will be implemented w.e.f Tuesday June 10, 2025.

Tags: PSX
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