SECP Revises PSX-KMI All Share Index Shariah Criteria, Cuts Non-Compliant Debt Ratio to 33%
SECP approves revised Shariah screening criteria for PSX-KMI All Share Index, reduces non-compliant debt ratio to 33% and introduces three- to five-star compliance ratings to strengthen Islamic capital markets.
PSX Expands Shariah-Compliant Universe with 35 Additions in KMI All Share Islamic Index
Pakistan Stock Exchange updates its PSX-KMI All Share Islamic Index, adding 35 Shariah-compliant companies and removing 12, reflecting semiannual rebalancing and impacting Islamic equity portfolios across the market.