Karachi: Dewan Automotive Engineering Limited has released its annual report for the fiscal year ending June 30, 2026. The report, dated November 10, 2026, presents the company's financial disclosures as mandated under Part I Clause VII of the Fourth Schedule to the Companies Act, 2017, amended via S.R.O. 1278 (I) / 2024.
The company's statement of financial position reveals that assets categorized as Shariah compliant stand at Rs. 84,000, indicating a very large or significant move from the previous year's Rs. 130,000. Notably, there are no non-Shariah assets reported for the year 2026.
On the profit or loss statement, Dewan Automotive reported non-Shariah other income of Rs. 5,000, in contrast to Rs. 14,000 in 2025. This reflects a very large or significant move in non-Shariah other income year-on-year.
The company maintains its banking relationships exclusively with Bank Islami Pakistan Limited, highlighting its commitment to Shariah-compliant financial practices. According to information available from the Pakistan Stock Exchange (PSX), Dewan Automotive is classified within the designated market category of automotive engineering firms.
Dewan Automotive's adherence to Shariah-compliant practices and its financial disclosures underscore its strategic focus and regulatory compliance in the fiscal year 2026.