Karachi: Air Link Communication Limited has announced a significant development regarding its financial and trading compliance. The company’s audited financial statements for the period ending December 31, 2024, have been reviewed by Meezan Bank Limited in its capacity as the Shariah Technical Services and Support Provider. The review has confirmed that Air Link Communication Limited meets the Shariah screening criteria of the KMI All Share Islamic Index, as set by the Pakistan Stock Exchange (PSX).

According to information available from the Pakistan Stock Exchange (PSX), the compliance confirmation implies that investment and trading in Air Link Communication’s shares are permissible under Shariah guidelines. This development follows the recent re-composition of the index for the period from July 1, 2024, to December 31, 2024, during which the company provided additional disclosures. These disclosures were reviewed and found compliant with the necessary Shariah screening criteria.

The validity of the Shariah Screening Certificate issued by Meezan Bank Limited will remain effective until the next re-composition of the PSX All Shares Index. This confirmation marks a significant step for Air Link Communication Limited, aligning its operations with the Islamic financial market standards. The Pakistan Stock Exchange has been informed to notify TRE certificate holders of the exchange about this compliance status.