Karachi: First IBL Modaraba has released its mandatory Shariah compliance disclosures for the fiscal year ending June 30, 2026, in accordance with clause VII of part I of the Fourth Schedule of the Companies Act, 2017. The report, dated November 13, 2026, provides detailed insights into the financial activities and compliance with Shariah principles over the past year.

The Shariah compliant bank deposits and balances for the year 2026 amounted to 183.86 million rupees, a small increase from the 182.03 million rupees reported in 2025. The profit earned from these Shariah compliant deposits decreased slightly to 17.56 million rupees from the previous year's 18.78 million rupees.

Revenue from the Shariah compliant business segment showed a notable decrease, reaching 45.27 million rupees in 2026, down from 54.74 million rupees in 2025. This represents a very large or significant move in the financial performance of this segment.

The gain or dividend earned from Shariah compliant investments increased significantly to 2.03 million rupees from 294,368 rupees in the previous year. The short-term investments saw an increment to 8.97 million rupees from 5.86 million rupees, indicating a big move in this category.

According to information available from the Pakistan Stock Exchange (PSX), First IBL Modaraba maintains relationships with several Shariah compliant financial institutions, including Meezan Bank Limited, MCB Islamic Bank Limited, and The Bank of Punjab. Additionally, it has short-term investments with First Punjab Modaraba.

These disclosures highlight First IBL Modaraba's commitment to maintaining Shariah compliance across its financial operations, despite the fluctuations observed in various financial metrics over the past year.