Karachi: Parwaaz Financial Services Limited has released its draft interim financial statements for the six-month period ending on June 30, 2026. These statements, currently un-audited, are subject to approval by the company’s Board of Directors and compliance with the requirements of section 232 of the Companies Act, 2017.

The financial report, dated August 17, 2026, outlines the necessary steps and documentation required for final approval. The approval process includes the need for extracts from the minutes of the relevant Board meeting, a representation letter signed by the CEO and CFO, and additional information to be published alongside the interim financial statements.

According to information available from the Pakistan Stock Exchange (PSX), the draft financial statements have been initialed for identification purposes and will remain tentative until the Board of Directors grants their approval. The Board, in conjunction with the Chief Financial Officer, Chief Executive Officer, and an appointed director, is charged with the finalization of these documents.

The independent auditors conducted their review in accordance with the International Standard on Review Engagements 2410, which involves inquiry and analytical procedures but does not equate to a full audit. As such, they will not express an audit opinion but will provide a conclusion based on their review. The audit firm also confirmed its independence, assuring that regulatory and professional standards have been upheld, and their objectivity remains intact.

The draft interim financial statements and the review report are intended solely for the use of the Board of Directors, management, and other internal stakeholders of Parwaaz Financial Services Limited. The auditors emphasized that these documents should not be disclosed to third parties or quoted without prior written consent.

The management and staff of Parwaaz Financial Services Limited were commended for their cooperation and assistance during the review process.