See Key Financials of KMI30 (PSX Shariah Compliant Index) - This is updated weekly.
The KMI-30 Index is a major Islamic stock market index on the Pakistan Stock Exchange (PSX). It tracks the performance of the 30 most liquid Shariah-compliant companies listed on the PSX. These companies are screened to meet Shariah principles (in collaboration with Meezan Bank), excluding non-compliant sectors like conventional banking, alcohol, gambling, and excessive interest-based activities. The index uses a free-float market capitalization-weighted methodology (with caps on individual stock weights, typically around 12%), focusing on liquidity and investability. It was launched in 2008 (base period June 30, 2008) to serve as a benchmark for Shariah-compliant equity investments in Pakistan.
Key Screening criteria allows: * the ratio of Non Compliant Investments to Total Assets upto 33%. * the Interest Bearing Debt to Total Assets ratio upto 37%. * the ratio of Non Compliant Income to Total Revenue upto 5%