PSX declares AIRLINK Shariah-compliant

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MG News | June 12, 2025 at 10:33 AM GMT+05:00

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June 12, 2025 (MLN): Air Link Communication Limited (PSX: AIRLINK) has been declared compliant with the Shariah screening criteria of the KMI All Share Islamic Index, as prescribed by the Pakistan Stock Exchange (PSX).

Meezan Bank Limited (MEBL) reviewed the audited financial statements of AIRLINK for the period ended December 31, 2024, the company's filing on PSX revealed today.

Based on this review, investment and trading in the shares of AIRLINK are permissible under Shariah guidelines.

It is also noted that during the recent index re-composition for the period July 01, 2024, to December 31, 2024, the company provided additional disclosures, which were reviewed and found compliant with the Shariah screening criteria.

This certificate remains valid until the next re-composition of the PSX All Shares Index. The Shariah Screening Certificate issued by Meezan Bank Limited is attached herewith.

Copyright Mettis Link News

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