Stylers International secures SECP’s Shariah Compliance certificate

MG News | December 01, 2025 at 02:35 PM GMT+05:00

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December 01, 2025 (MLN): Stylers International Limited (PSX: STYLERS) has been formally declared Shariah-compliant after receiving the Shariah Compliance Certificate from the Securities and Exchange Commission of Pakistan (SECP), the company disclosed to the Pakistan Stock Exchange today.

According to the material information shared with PSX, the certification confirms that the company meets all criteria set under the Shariah Governance Regulations 2023, allowing it to be officially categorized as a Shariah-compliant entity.

The management noted that the development is price-sensitive, as Shariah status plays a pivotal role in shaping investor sentiment and broadens access to capital from Islamic funds, Shariah-based institutional investors, and dedicated Shariah-compliant portfolios.

Companies with such accreditation typically witness increased investor participation due to stricter ethical and financial screening standards applied by Shariah funds.

Stylers International said it is disclosing to maintain transparency and comply with regulatory obligations, further adding that a scanned copy of the certificate issued by SECP has been enclosed with the filing.

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