MEL/Shariah/3rd QTR/2026 April 30, 2026
The General Manager
Pakistan Stock Exchange Limited, Stock Exchange Road,
Karachi.
By PUCAR & Courier
Subject: SUBMISSION OF SHARIAH DISCLOSURE FOR THE NINE MONTHS PERIOD ENDED MARCH 31, 2026
Dear Sir,
In accordance with the requirements of Clause 5.6.9A of the PSX Regulations, it is hereby conveyed, that the requisite Shariah Disclosure have been transmitted as part of the Quarterly Financial Statements for the period ended March 31, 2026.
The same Shariah Disclosure is also attached herewith for your reference.
Yours Sincerely
for MUGHAL ENERGY LIMITED
MUHAMMAD FAHAD HAFEEZ
(Company Secretary)
CC: Executive Director/HOD
Offsite-II Department, Supervision Division,
Securities & Exchange Commission of Pakistan, Islamabad.
14 DISCLOSURE REQUIREMENT FOR COMPANIES NOT ENGAGED IN SHARIAH NON-PERMISSIBLE BUSINESS ACTIVITIES
Following information has been disclosed as required under amended part I clause VII of Fourth Schedule to the Companies Act, 2017 as amended via S.R.O.1278(I)/2024 dated August 15, 2024.
Nine months ended As at March 31, 2026March 31,
2025
March 31, 2026June 30,
2025
(Unaudited) (Unaudited) (Unaudited) (Audited) ----------------------------------------Rupees----------------------------------Transactions Outstanding balance
Condensed interim statement of financial position: | ||||
Liabilities side Financing (long-term and short-term financing) obtained as per Islamic | 3,964,992,366 | 922,012,853 | ||
mode | ||||
Interest or mark-up accrued on any conventional loan or advance | 11,183,289 | 9,491,572 | ||
Assets side Long-term and short-term Shariah compliant Investments | Not Applicable | Not Applicable | ||
Shariah compliant bank deposits / bank balances / TDRs | 92,797,076 | 14,673,519 | ||
Condensed interim statement of profit or loss: | ||||
Revenue earned from a Shariah compliant business segment | Not Applicable | Not Applicable | ||
Break-up of late payments or liquidated damages | Not Applicable | Not Applicable | ||
Gain or loss or dividend earned from Shariah compliant investments or | Not Applicable | Not Applicable | ||
share of profit from Shariah-compliant associates | ||||
Profit earned from Shariah compliant bank deposits , bank balances or TDRs | 6,402 | 16,373 | ||
Exchange gain earned from actual currency | Not Applicable | Not Applicable | ||
Exchange gain earned using conventional derivative financial | Not Applicable | Not Applicable | ||
instruments | ||||
Profit paid on Islamic mode of financing | 47,951,953 | 6,523,482 | ||
Total interest earned on any conventional loan or advance | Not Applicable | Not Applicable | ||
Profit on saving accounts | 6,402 | 16,373 |
Rental income | 31,500,000 | 1,916,640 |
Notional income against development of property | 20,576,259 | - |
Gain on sale of store items | 445,984 | - |
Net unrealized foreign exchange gain | 144,701 | - |
Balances written back | 30,000 | - |
52,703,346 | 1,933,013 |
The Company maintains good relationship with shariah compliant banks and carries out trade and other routine banking transactions with them.