Karachi: Nazir Cotton Mills Limited has officially disclosed its non-Shariah compliance status, informing shareholders and stakeholders that the company does not engage in any Shariah-compliant business activities. The announcement was made on May 4, 2026, as part of the company’s regulatory obligations.
According to information available from the Pakistan Stock Exchange (PSX), Nazir Cotton Mills Limited is required to update its shareholders and stakeholders about its compliance status. The company has confirmed that none of its business activities align with Shariah principles.
The disclosure is intended to ensure transparency and provide essential information to all concerned parties, as stipulated by the regulations of the Pakistan Stock Exchange. Nazir Cotton Mills Limited remains committed to maintaining open communication with its shareholders and stakeholders regarding its business operations and compliance status.