WorldCall Telecom Limited Releases Shariah Compliance Report, Notable Financial Movements Observed

Lahore: WorldCall Telecom Limited has released its Shariah Compliance Disclosures for the half-year ending June 30, 2026, as mandated by the Pakistan Stock Exchange (PSX) Regulations 5.6.9A and 5A.13(e). The report, dated September 17, 2026, outlines the company’s financial positioning, emphasizing both conventional and Shariah-compliant assets and liabilities.

According to the report, the company’s Shariah-compliant revenue for the first half of 2026 stood at 3.09 billion rupees, while the conventional revenue was not specified for the same period. In contrast, the revenue reported for December 2025 was significantly higher at 5.99 billion rupees, indicating a very large or significant move in earnings. The disclosures also highlighted a sponsor loan of 2.10 billion rupees under Shariah compliance, compared to 0.84 billion rupees under conventional terms.

A detailed examination of liabilities shows a reduction in conventional long-term financing from 147,152 rupees to 63,071 rupees, and in Shariah-compliant financing from 27,776 rupees to 16,605 rupees. Accrued markup under conventional terms increased slightly to 1.67 billion rupees from 1.66 billion rupees, whereas Shariah-compliant accrued markup figures were not disclosed.

According to information available from the Pakistan Stock Exchange (PSX), the current maturity-term finance certificates remained constant at 1.16 billion rupees. Additionally, the current maturity-long term financing for Shariah compliance remained unchanged at 10,467 rupees, while the conventional counterpart increased to 152,160 rupees from 112,160 rupees.

The disclosure report also provided insights into asset management, with short-term investments valued at 55,662 rupees under conventional terms and no Shariah-compliant equivalent specified. Bank balances showed a Shariah-compliant figure of 17,639 rupees, marking a minor move from 16,663 rupees in December 2025.

Notably, under income, there was a marginal Shariah-compliant gain on the disposal of property, plant, and equipment at 336 rupees, compared to a previous 715 rupees. Dividend income observed a significant dip from 860 rupees to 56 rupees under conventional terms, aligning with a very large or significant move classification.

WorldCall Telecom Limited’s Shariah compliance report provides a comprehensive view of its financial activities, serving as a critical resource for TRE certificate holders and stakeholders assessing the financial health and compliance trajectory of the company in light of the Companies Act, 2017.