ZAREA Limited Submits Revised Shariah Disclosures for Compliance with PSX Notice

Karachi: ZAREA Limited has submitted its revised Shariah disclosures for the period ending December 31, 2025, in compliance with the Pakistan Stock Exchange (PSX) Notice No. PSX/N-435. The disclosures address the requirements under Clauses 5.6.9A and 5A.13(g) of the PSX Regulations. This submission follows an email request from the PSX dated May 22, 2026, seeking clarification on Shariah disclosure requirements.

According to the revised disclosures, the company reported consolidated liabilities comprising a conventional loan of 35,253,580 rupees. On the asset side, ZAREA Limited’s long-term and short-term investments, along with Shariah-compliant bank deposits, totaled approximately 2.87 billion rupees. The Shariah-compliant assets stood at 493.03 million rupees, while conventional assets amounted to 2.37 billion rupees.

ZAREA Limited’s interim unconsolidated statement of profit or loss for the six months ending December 31, 2025, indicated a total revenue of approximately 1.27 billion rupees. The company recorded a gain of 38.43 million rupees from Shariah-compliant investments, with conventional investments contributing approximately 865.72 million rupees to the total gain of 904.15 million rupees.

According to information available from the Pakistan Stock Exchange (PSX), the revised disclosures are intended to provide clarity and ensure compliance with Shariah principles as stipulated in the PSX regulations. The disclosures are expected to inform TRE Certificate Holders of the Exchange regarding the compliance status of ZAREA Limited with the necessary Shariah requirements.