AIR LINK COMMUNICATION LIMITED
Ref: ALC/PUCAR/2026-07 May 08, 2026
The General Manager
Pakistan Stock Exchange Limited Stock Exchange Building
Stock Exchange Road Karachi.
Subject: Shariah Disclosure for the Half Year Ended 31st December 2025Dear Sir,
In compliance with the requirements of PSX Regulations Nos. 5.6.9A and 5A.13.(d)(iii), please find attached the Shariah Compliance Disclosure for Consolidated Condensed Interim financial statements of Air Link Communication Limited for the half year ended 31 December 2025.
You are requested to inform the TRE Certificate Holders of the Exchange accordingly. Yours Sincerely,
Amer LatifCompany Secretary
Copy to:Executive Director/HOD, Offsite-II Department,
Supervision Division, Securities & Exchange Commission of Pakistan, 63, NIC Building, Jinnah Avenue, Blue Area,
Islamabad
152/1 - M, Quaid-e-Azam, Industrial Estate, Kot Lakh Pat, Lahore, Pakistan 042-35151345-6 Email: info@airlinkcommunication.net Web: https://www.airlinkcommunication.com
UAN: 042-111-667-468
SHARIAH COMPLIANCE DISCLOSURE-CONSOLIDATED FINANCIAL STATEMENTSSHORT TERM BORROWINGS | December 31, 2025 | June 30, 2025 | |
Sukuk | 1.1 | (Un-audited) 12,000,000,000 | (Audited) 10,500,000,000 |
Commercial Banks 1.2 17,324,212,665 19,070,649,494
29,324,212,665 29,570,649,494
This represents Shariah compliant, privately placed and secured Sukuks of six months tenor issued during the year. The proceeds therefrom were utilized to finance the Company's working capital requirement. They carry profit at the rate of 6 months KIBOR + 1.75%.
The utilized limit of aggregate commercial bank facilities amounts to Rs. 17,324.212 million (June 30, 2025: Rs. 19,070.649 million). The rate of markup ranges from 1 month KIBOR to 3 months KIBOR 10.63% to 12.18% + 1.25% to 3.0% with no floor and no cap (June 30, 2025: 1 month KIBOR to 3 months KIBOR 12.40% to 23.43% + 1.25% to 2.5% with no floor and no cap). These facilities are secured against joint pari passu charge on the present and future current assets of the Company.
This represents borrowing from Shariah complaint banks amounting to Rs. 5,750 million (30 June 2025: Rs. 5,900 million). The Proceeds there from were utilized to finance the Company's working capital requirement.