Karachi: Waves Home Appliances Limited has submitted its mandatory Shariah disclosures for the period ended June 30, 2026, in compliance with the Pakistan Stock Exchange (PSX) regulations. This submission was made in response to a letter from the PSX dated September 11, 2026, which sought clarification on the Shariah disclosure requirements under specific clauses of the PSX Regulations.

According to information available from the Pakistan Stock Exchange (PSX), Waves Home Appliances Limited has reported Shariah-compliant bank deposits and balances amounting to 7,131,000 rupees as of June 30, 2026, compared to 16,212,000 rupees at the end of 2025. This represents a very large or significant move in the company's Shariah-compliant bank deposits.

The company's Shariah-compliant long-term financing also showed a notable increase to 502,774,000 rupees from 339,322,000 rupees over the same period, indicating a very large or significant move. No profit was earned from Shariah-compliant bank deposits during the reported period.

Additionally, the company maintains relationships with banks that have Islamic windows of operations, which support its bank balances and borrowing facilities, including the accrual of profits thereon. These relationships are part of the company's strategy to align its financial activities with Shariah principles.