Karachi: Octopus Digital Limited has submitted its mandatory Shariah compliance disclosure for the half-year period ending June 30, 2026, in accordance with the requirements set forth by the Pakistan Stock Exchange (PSX). The submission follows the PSX's directive, as outlined in letter No. PSX/Gen-1073, dated September 11, 2026.
The disclosure, made pursuant to Clause 5.6.9A of the PSX Regulations, outlines the company's adherence to Shariah principles in its financial operations. The report highlights key figures from the company's statement of financial position and profit or loss, focusing on Shariah-compliant assets and liabilities.
According to information available from the Pakistan Stock Exchange (PSX), Octopus Digital Limited reported short-term Shariah-compliant investments amounting to 596,000 rupees, compared to 577,000 rupees in December 2025. Shariah-compliant bank deposits, balances, and TDRs saw a significant increase to 9.57 million rupees from 531,000 rupees. Financing obtained through Islamic modes stood at 21.08 million rupees, a decrease from 25.03 million rupees in the previous period.
The company's revenue from Shariah-compliant business segments totaled 188.67 million rupees, showing a moderate move from 179.44 million rupees recorded in June 2025. Additionally, gain or loss on Shariah-compliant investments remained unchanged at 26,000 rupees.
Octopus Digital Limited did not report any share of profit from Shariah-compliant associates during this period. The exchange loss on actual currency transactions was noted at 14.31 million rupees, contrasting with an exchange gain of 27.62 million rupees in the previous year. The profit paid on Islamic mode of financing was 1.54 million rupees, down from 1.86 million rupees.
The company's other income sources include markup from related parties, which is Shariah-compliant, amounting to 58.24 million rupees, compared to 25.06 million rupees previously. Other Shariah-compliant income was reported at 345,000 rupees, up from 8,000 rupees.
Octopus Digital maintains relationships with several Shariah-compliant financial institutions, including Faysal Bank Limited, Dubai Islamic Bank, MCB Islamic Bank, and First Habib Modaraba, which facilitate cash and bank balances and diminishing musharaka arrangements.
The company has requested that the TRE certificate holders of the exchange be informed of these disclosures accordingly, emphasizing its commitment to compliance with Shariah principles in its financial dealings.