Shezan International Reports Big Moves in Shariah-Compliant Financials

Lahore: Shezan International Limited has released its Shariah Compliance Disclosure for the year ended June 30, 2026, as mandated under Clause VII of Part I of Schedule IV of the Companies Act, 2017. The report, dated October 9, 2026, outlines the company's financial position and performance with respect to Shariah-compliant activities.

The disclosure reveals a substantial increase in Shezan's long-term Shariah-compliant investments, which rose to 14,686,000 rupees from 8,110,000 rupees the previous year. Similarly, Shariah-compliant bank deposits and balances climbed to 13,949,000 rupees from 7,468,000 rupees, marking a big move in both areas.

According to information available from the Pakistan Stock Exchange (PSX), Shezan International reported revenue from Shariah-compliant activities at 9,634.08 million rupees, up from 9,182.59 million rupees in 2025. This reflects a moderate move in revenue generation.

The report also details other income categories, with notable gains in the disposal of property, plant, and equipment at 21,299,000 rupees, a significant increase from 3,542,000 rupees in 2025. The sale of scrap also showed a considerable rise, reaching 60,758,000 rupees compared to 50,111,000 rupees last year, indicating a big move. Dividend income remained steady at 153,000 rupees.

Shezan International's commitment to Shariah-compliant financial practices is further illustrated by the profit earned on Islamic financing, which amounted to 11,603,000 rupees, and a realised foreign exchange gain of 4,304,000 rupees. No profit was reported from Shariah-compliant bank deposits or bank balances, nor were there any gains from conventional derivative financial instruments.

This comprehensive disclosure underscores Shezan International's focus on aligning its financial operations with Shariah principles, reflecting both strategic growth and adherence to Islamic financial guidelines within the designated market category.