Engro Polymer & Chemicals Limited Updates Shariah Disclosure for 2025 Following Regulatory Clarifications

Karachi: Engro Polymer & Chemicals Limited has released an updated Shariah disclosure for the fiscal year ended December 31, 2025, following necessary clarifications on Shariah disclosure requirements. The company, which falls under the designated market category of chemicals, has responded to Notice No. PSX/N-435 dated April 17, 2026, which sought further clarity under the PSX Regulations.

The revised disclosure, which details both conventional and Shariah-compliant financial activities, was resubmitted through the Pakistan Unified Corporate Action Reporting System (PUCARS) on May 20, 2026. This submission is in line with the guidance provided by the Pakistan Stock Exchange (PSX). Stakeholders and TREC Holders of the Exchange have been requested to take note of these updates.

According to information available from the Pakistan Stock Exchange (PSX), the company reported a total of 21.52 million in short-term investments for 2025, with 9.24 million being Shariah-compliant. The cash and bank balances stood at 4.51 million, of which 2.93 million were Shariah-compliant. Long-term borrowings reached 56.29 million, with 54.30 million adhering to Shariah principles.

The 2025 fiscal year also saw Engro Polymer & Chemicals Limited generating 78.02 million in revenue from contracts with customers, all of which were Shariah-compliant. Foreign exchange losses were recorded at 362,291. The firm reported a profit on bank deposits amounting to 95,838, with a Shariah-compliant portion of 34,208. Additionally, income from investments totaled 84,965, with 36,491 being Shariah-compliant.

The financial outcomes for 2025 indicate a significant engagement in Shariah-compliant financial activities, reflecting the company’s adherence to Islamic financial principles. The revised disclosure aims to provide transparency and align with regulatory standards as outlined by the PSX.