Karachi: Shahmurad Sugar Mills Limited has released its Shariah Compliance Disclosure for the half-year period ending March 31, 2026, in accordance with PSX Regulations Nos. 5.6.9A and 5A.13.(d)(iii). This report, dated June 1, 2026, outlines the financial position and comprehensive income of the company, providing clarity on the Shariah-compliant and conventional segments of its financial structure.
The liability side of the statement of financial position shows that Shahmurad Sugar Mills Limited has a total long-term financing of 221,319 thousand rupees, which remains purely conventional. Short-term financing amounts to 13,035.65 million rupees, with 7,924.82 million rupees being Shariah-compliant and 5,120.83 million rupees conventional. The accrued markup totals 158,277 thousand rupees, with a Shariah-compliant portion of 78,615 thousand rupees.
On the asset side, long-term investments are entirely Shariah-compliant, valued at 653,472 thousand rupees. Short-term investments are also Shariah-compliant, amounting to 76,865 thousand rupees. The bank deposits and balances total 928,745 thousand rupees, with 846,245 thousand rupees being Shariah-compliant.
According to information available from the Pakistan Stock Exchange (PSX), the company’s statement of comprehensive income reveals a revenue of 7,318.08 million rupees from the Shariah-compliant business segment. The profit earned from bank deposits and balances, along with term deposits, stands at 268,997 thousand rupees, with 46,699 thousand rupees being conventional. Additionally, the dividend received from associates is 26 thousand rupees, while the share of profit from associates is 885 thousand rupees.
Other income sources include a rebate on export subsidy and various exchange gains from exports. The company also notes the relationship with Shariah-compliant financial institutions, including banks and takaful operators.
This disclosure is intended to inform the TRE Certificate Holders of the Pakistan Stock Exchange, aligning with the regulatory requirements stipulated by the PSX.