Waves Home Appliances Limited has submitted a revised mandatory Shariah compliance disclosure for the period ended June 30, 2026, following a request from the Pakistan Stock Exchange.
- Revised submission addresses Shariah compliance requirements under PSX Regulations.
- Period covered: Six months ending June 30, 2026.
- Company confirms no engagement in Shariah non-permissible business activities.
- Key figures include:
- Revenue from Shariah compliant business: PKR 2,033.74M
- Total interest earned on conventional loans: PKR 657K
- Non-compliant income includes PKR 5,519K from various sources.
- Relationships maintained with several Shariah-compliant financial institutions.