Lahore: Kohinoor Spinning Mills Limited has released its Shariah disclosures as part of the financial statements for the year ending June 30, 2026, highlighting a continued reliance on conventional financial instruments. The report, dated October 19, 2026, presents a comprehensive view of the company's financial practices under the framework of the Companies Act, 2017.

The company's statement of financial position for the liability side reveals that Kohinoor Spinning Mills Limited did not obtain any financing through Islamic modes either in 2026 or in the preceding year. Instead, interest or mark-up accrued on conventional loans or advances remains consistent at 471.88 million for both 2025 and 2026.

On the asset side, the report details Shariah-compliant financial activities. The company recorded 898,128 under long-term and short-term Shariah-compliant assets in 2026, a significant increase compared to the 197,921 reported in 2025.

According to information available from the Pakistan Stock Exchange (PSX), the company's financial engagement with Shariah-compliant earnings through gains, losses, or dividends remains nonexistent. Additionally, no profits were reported from Shariah-compliant bank deposits, balances, or term deposit receipts (TDRs).

The disclosures also confirm that Kohinoor Spinning Mills Limited did not earn any exchange gains through conventional derivative financial instruments during the reported period. Similarly, the total interest earned on any conventional loan or advance was also zero.

These financial disclosures provide key insights into the company's adherence to Shariah principles and its financial strategies, reflecting a significant reliance on conventional financial systems while maintaining a presence in Shariah-compliant assets.