P.I.D.C. House, Dr. Ziauddin Ahmed Road,
P. O. Box 3942, Karachi-75530, Pakistan
Tel: 92-21-35651480-89, 92-21-35657730-39
UAN: 92-21-111-568-568
Fax: 92-21-35680005 & 92-21-35682125
Website: https://www.ppl.com.pk/
Our reference: PPL/CS/Shares-0071 Your reference: Date: 30th April 2026
Mr. Syed Ahmad Abbas
Head of Business Development & Listing Pakistan Stock Exchange Limited
Stock Exchange Building Stock Exchange Road Karachi
Dear Sir,
Re: Mandatory Shariah Disclosures under Clause VII of Part I of Schedule IV of the Companies Act, 2017
Pursuant to the requirements of clause 5.6.9A of Pakistan Stock Exchange Regulations, attached please find the Shariah Disclosures under Clause VII of Part I of Schedule IV of the Companies Act, 2017, for the half year ended 31st December 2025.
Ali JaffarYou may disseminate this information to the TRE Certificate Holders of the Exchange. Yours truly,
Company Secretary
Enclosure: As above.
An ISO 9001, ISO 14001 & ISO 45001 certified company
SHARIAH DISCLOSURES UNDER CLAUSE VII OF PART I OF SCHEDULE IV OF THE COMPANIES ACT, 2017 | |||
Related to the condensed unconsolidated interim financial statements for the half year period | |||
ended December 31, 2025 | |||
December 31, 2025 Unaudited | June 30, 2025 Audited | ||
(Rupees in thousand) | |||
Disclosures Required in relations to the Condensed Unconsolidated Interim Statement | |||
of Financial Position - Liability Side: | |||
(i) | Financing (long-term, short-term, or lease financing) obtained as per Islamic mode | 778,418 | 868,945 |
(ii) | Interest or mark-up accrued on any conventional loan or advance | - | - |
Disclosures Required in relation to the Condensed Unconsolidated Interim Statement | |||
of Financial Position - Asset Side: | |||
(iii) | Long-term and short-term Shariah compliant Investments | 102,261,418 | 89,668,809 |
(iv) | Shariah-compliant bank deposits, bank balances and Term Deposit Receipts (TDRs) | 7,011,759 | 991,836 |
Disclosures Required in relation to the Condensed Unconsolidated Interim | |||
Statement of Profit or loss: | |||
(v) | Revenue earned from a Shariah-compliant business segment | 118,002,089 | 126,897,597 |
(vi) | Break-up of: | ||
Late payments | 6,447 | - | |
Liquidated damages | 119,095 | 70,164 | |
(vii) | Gain / (loss) or dividend earned on Shariah compliant investments | Not Applicable | Not Applicable |
Share of (loss) /profit from Shariah-compliant associate | (565,810) | (1,441,312) | |
(viii) | Profit earned from Shariah-compliant bank deposits, bank balances or TDRs | 148,433 | 69,779 |
(ix) | Exchange (loss incurred) / gain earned from actual currency | (627,774) | (523,594) |
(x) | Exchange gains earned using conventional derivative financial instruments | Not Applicable | Not Applicable |
(xi) | Profit paid on Islamic mode of financing | 49,643 | 91,446 |
(xii) | Total Interest earned on any conventional loan or advance | 3,410 | 2,992 |
(xiii) | Source and detailed breakup of other income: | ||
Shariah compliant - Other Income | |||
Income on loans and bank deposits | 63,921 | 4,286 | |
Income on local currency term deposits | 84,512 | 65,493 | |
Rental income on assets | 1,524 | 2,039 | |
Gain on disposal of property, plant and equipment (net) | 340,215 | 1,948 | |
Reversal of impairment loss on investment on PPLA | - | 3,123,780 | |
Miscellaneous income | 1,278,120 | 3,129 | |
Other Disclosure Requirements | ||
(xiv) | Relationship with Shariah-compliant financial institutions, including banks, takaful operators and their windows, etc. | |
Arrangement | ||
Faysal Bank Limited | Bank Deposit / Investment | |
Meezan Bank Limited | Bank Deposit | |
Dubai Islamic Bank Limited | Bank Deposit | |
First Habib Modaraba | Financing | |
Half year ended December 31, 2025 | Half year ended December 31, 2024 |
(Rupees in thousand) | |
223,037 |
325,787 |
1,174,138 |
1,624,816 |
412,005 |
13,934 |
1,166,194 |
531,452 |
1,511,859 |
5,748,627 |
1,819,394 |
1,193,235 |
Non-Shariah compliant - Other Income |
Income on loans and bank deposits |
Income on local currency term deposits |
Income on foreign currency term deposits |
Income from investment in treasury bills |
Dividend income / gain on re-measurement / disposal of investments designated at fair value through profit or loss (net) |
Insurance claim |
Miscellaneous Income |
Liquidated damages |
Late payment surcharge |
119,095 70,164 |
6,447 - |
5,667,551 15,241,600 |
SHARIAH DISCLOSURES UNDER CLAUSE VII OF PART I OF SCHEDULE IV OF THE COMPANIES ACT, 2017 | |||
Related to the condensed consolidated interim financial statements for the half year period | |||
ended December 31, 2025 | |||
December 31, 2025 Unaudited | June 30, 2025 Audited | ||
(Rupees in thousand) | |||
Disclosures Required in relations to the Condensed Consolidated Interim Statement | |||
of Financial Position - Liability Side: | |||
(i) | Financing (long-term, short-term, or lease financing) obtained as per Islamic mode | 778,418 | 868,945 |
(ii) | Interest or mark-up accrued on any conventional loan or advance | - | - |
Disclosures Required in relation to the Condensed Consolidated Interim Statement of Financial | |||
Position - Asset Side: | |||
(iii) | Long-term and short-term Shariah compliant Investments | 95,252,291 | 82,659,682 |
(iv) | Shariah-compliant bank deposits, bank balances and Term Deposit Receipts (TDRs) | 7,016,386 | 998,219 |
Disclosures Required in relation to the Condensed Consolidated Interim | |||
Statement of Profit or loss: | |||
(v) | Revenue earned from a Shariah-compliant business segment | 119,130,324 | 128,075,412 |
(vi) | Break-up of: | ||
Late payments | 6,447 | - | |
Liquidated damages | 119,095 | 70,164 | |
(vii) | Gain / (loss) or dividend earned on Shariah compliant investments | Not Applicable | Not Applicable |
Share of (loss)/profit from Shariah-compliant associate | (565,810) | (1,441,312) | |
(viii) | Profit earned from Shariah-compliant bank deposits, bank balances or TDRs | 148,433 | 69,779 |
(ix) | Exchange (loss incurred) / gain earned from actual currency | (638,070) | (517,921) |
(x) | Exchange gains earned using conventional derivative financial instruments | Not Applicable | Not Applicable |
(xi) | Profit paid on Islamic mode of financing | 49,643 | 91,446 |
(xii) | Total Interest earned on any conventional loan or advance | 3,410 | 2,992 |
(xiii) | Source and detailed breakup of other income: | ||
Shariah compliant - Other Income | |||
Income on loans and bank deposits | 63,921 | 4,286 | |
Income on local currency term deposits | 84,512 | 65,493 | |
Rental income on assets | 1,524 | 2,039 | |
Gain on disposal of property, plant and equipment (net) | 340,215 | 1,948 | |
Final Settlement with MdOC | - | 2,887,493 | |
Miscellaneous Income | 1,278,120 | 3,129 | |
Other Disclosure Requirements | ||
(xiv) | Relationship with Shariah-compliant financial institutions, including banks, takaful operators and their windows, etc. | |
Arrangement | ||
Faysal Bank Limited | Bank Deposit / Investment | |
Meezan Bank Limited | Bank Deposit | |
Dubai Islamic Bank Limited | Bank Deposit | |
First Habib Modaraba | Financing | |
Abu Dhabi Islamic Bank - Iraq | Bank Deposit | |
Half year ended December 31, 2025 | Half year ended December 31, 2024 |
(Rupees in thousand) | |
223,037 |
325,787 |
1,286,342 |
1,624,816 |
412,005 |
13,934 |
1,166,194 |
531,452 |
1,688,104 |
5,748,627 |
1,819,394 |
1,193,235 |
Non-Shariah compliant - Other Income |
Income on loans and bank deposits |
Income on local currency term deposits |
Income on foreign currency term deposits |
Income from investment in treasury bills |
Dividend income / gain on re-measurement / disposal of investments designated at fair value through profit or loss (net) |
Insurance claim |
Miscellaneous Income |
Liquidated damages |
Late payment surcharge |
119,095 70,164 |
6,447 - |
5,779,755 15,181,558 |