Karachi: Systems Limited has released its mandatory Shariah disclosures under Clause VII of Part I of Schedule IV of the Companies Act, 2017, detailing substantial increases in revenue and investments aligned with Islamic finance principles. The report, dated October 12, 2026, highlights the company's financial performance and its adherence to Shariah-compliant practices.
For the period ending June 30, 2026, Systems Limited reported an unconsolidated revenue from Shariah-compliant business segments amounting to 25.90 billion rupees, up from 21.72 billion rupees in the same period of the previous year. This represents a very large increase of 19.23%. The company also noted a gain of 202.24 million rupees from Shariah-compliant investments, compared to 107.27 million rupees last year, marking a significant move in this segment.
Shariah-compliant investments surged to 21.27 billion rupees as of June 30, 2026, from 16.57 billion rupees in December 2025. This very large increase of 28.31% underscores the company's commitment to Islamic financial practices. Shariah-compliant bank deposits and balances, however, saw a decrease to 1.63 billion rupees from 2.57 billion rupees, indicating a significant move in the opposite direction.
According to information available from the Pakistan Stock Exchange (PSX), Systems Limited's consolidated revenue from Shariah-compliant business segments reached 49.72 billion rupees, a very large growth of 35.32% from 36.74 billion rupees in the previous year. Additionally, the gain from Shariah-compliant investments in the consolidated statement was recorded at 215.59 million rupees, reflecting a big move compared to the previous year's figures.
The company has maintained relationships with multiple Shariah-compliant financial institutions, engaging in bank deposits and investments with entities such as Meezan Bank Limited and Bank Islami Pakistan Limited. Systems Limited's commitment to Islamic finance is further exhibited by its significant investments across various Islamic funds, including the Meezan Islamic Income Fund and the Faysal Islamic Sovereign Plan - I.
Despite the company's overall positive financial trajectory, it reported an exchange loss of 140.25 million rupees in its unconsolidated statement and a loss of 158.01 million rupees in its consolidated statement, both due to actual currency fluctuations.
This financial disclosure emphasizes Systems Limited's strategic focus on enhancing its Shariah-compliant financial operations, reflecting a broader trend within the designated market category of Islamic finance.