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PSX INDEX · KMI30

KMI-30 (Shariah)

Thirty Shariah-compliant PSX companies, screened on business activity and financial ratios and recomposed twice a year.

KMI30 · 23 Sep 2026

246,825.53

+2160.35 (+0.88%) today

Day range 245,484 – 247,244

1 day

+0.9%

1 week

+3.3%

1 month

−1.9%

3 months

−3.9%

6 months

+7.5%

Year to date

−0.7%

1 year

+5.3%

3 years

+215.5%

Since 2016

+260.8%

KMI-30 (Shariah) · last 12 months +5.30% · 250 sessions
23 Sep H 269,497.03 · 23 Jan L 210,039.41 · 9 Mar 23 Sep
KMI-30 (Shariah) · since 2016 +260.78% · 2482 sessions
15 Sep H 269,497.03 · 23 Jan L 41,364.54 · 26 Mar 23 Sep
Open the KMI-30 (Shariah) in the plotter → Against its biggest members
All-time high (close)
269,497
23 Jan 2026
From the high
−8.4%
52-week range
210,039 – 269,497
1-year volatility
29.2%
annualised
Worst drawdown · 1Y
−22.1%
23 Jan 2026 → 9 Mar 2026
Sessions in series
2,482
15 Sep 2016 → 23 Sep 2026
Calendar-year returns
−16% 2017 −11% 2018 +7.9% 2019 +7.8% 2020 +0.7% 2021 −4.8% 2022 +53% 2023 +71% 2024 +39% 2025 −0.7% 2026 YTD
  • 2017: −16.12%
  • 2018: −10.84%
  • 2019: +7.94%
  • 2020: +7.78%
  • 2021: +0.73%
  • 2022: −4.76%
  • 2023: +53.39%
  • 2024: +70.57%
  • 2025: +39.13%
  • 2026 YTD: −0.69%
Last 12 months
−5.5% Oct +2.8% Nov +3.9% Dec +5.0% Jan −9.9% Feb −8.2% Mar +8.3% Apr +7.0% May +2.7% Jun −3.9% Jul +1.8% Aug −1.9% Sep
  • Oct: −5.51%
  • Nov: +2.84%
  • Dec: +3.85%
  • Jan: +5.03%
  • Feb: −9.85%
  • Mar: −8.18%
  • Apr: +8.34%
  • May: +7.01%
  • Jun: +2.73%
  • Jul: −3.94%
  • Aug: +1.80%
  • Sep: −1.92%

What the KMI-30 (Shariah) is

The KMI-30 is the Islamic benchmark for Pakistani equities, maintained by the exchange with Al Meezan Investment Management as Shariah adviser. A company qualifies on two tests: its business must not be in a prohibited activity — conventional banking and insurance, alcohol, tobacco, gambling, conventional entertainment — and its balance sheet must pass a set of ratio screens covering interest-bearing debt, non-compliant investments, non-compliant income and the mix of liquid to illiquid assets.

Screening is not permanent. Companies enter and leave at each semi-annual review as their debt or income mix shifts, so a stock that is compliant this year may not be next year. Investors following the screen are also expected to purify the small share of income that comes from non-compliant sources.

For a plain-English walk through the ratio tests, read our guide to KMI-30 screening; the index provider publishes the current thresholds and the constituent list at each review.

As of 23 Sep 2026 the KMI-30 (Shariah) holds 30 companies worth Rs 7.5T between them, and 65% of that value sits in oil & gas exploration companies, fertilizer and commercial banks. The largest members by market value are OGDC, MEBL, FFC, MARI and PPL. On the last session 25 rose and 5 fell. The median constituent trades at 9.3× trailing earnings and yields 2.04%, and is −10.7% so far this year.

The exact thirty are set at each semi-annual review; the table below is the exchange’s current published list.

KMI-30 (Shariah) constituents

All 30 companies the exchange lists in this index, largest first, with the valuation and returns from our own PSX data. Tap a column to sort.

KMI-30 (Shariah) constituents
Symbol Company Sector Price Chg % Mkt cap

Market cap

What the whole company costs at today's price.

How it's worked out

Share price multiplied by every share in issue.

How to read it

It is the company's size, not its value. A big number is not expensive and a small one is not cheap — that is what the multiples below are for.

P/E

P/E ratio

Rupees you pay for each rupee the company earned last year.

How it's worked out

Share price divided by earnings per share over the last twelve reported months.

How to read it

Lower looks cheaper, but only against something — the same company's history, its sector, or the market. A P/E on its own means very little, and it is blank when a company lost money.

Yield

Dividend yield

Cash paid out over the last year as a percentage of today's price.

How it's worked out

Dividends per share over twelve months divided by the share price.

How to read it

A very high yield is often a warning, not a gift: it usually means the price fell. Check the payout ratio next to see whether earnings actually cover it.

YTD

Year-to-date return

How the share price has moved since 1 January, before dividends.

How it's worked out

Today's price against the last close of the previous year, as a percentage.

How to read it

It is a PRICE return, so a company that paid a large dividend looks worse here than a holder actually did. The calendar start is arbitrary — a stock that fell in December and recovered in January looks strong for reasons that have nothing to do with the business.

1Y

One-year return

How the share price has moved over the last twelve months, before dividends.

How it's worked out

Today's price against the close twelve months ago, adjusted for bonus issues and splits, as a percentage.

How to read it

Price only. For what a holder actually made, including dividends, see total return — on a high-yield PSX name the two differ by most of the yield.

Trend
OGDC Oil & Gas Development Company Limited Oil & Gas Exploration Companies 319.53 +0.35% Rs 1.4T 5.7× 5.01% +13.68% +13.02% Sideways
MEBL Meezan Bank Limited Commercial Banks 555.51 +0.92% Rs 1T 10.9× 3.87% +25.01% +37.95% Sideways
FFC Fauji Fertilizer Company Limited Fertilizer 544.15 +1.11% Rs 783B 10.1× 7.53% −7.88% +21.61% Leaning Down
MARI Mari Energies Limited Oil & Gas Exploration Companies 650.23 +0.72% Rs 781B 9.0× 4.15% −9.17% −4.45% Leaning Down
PPL Pakistan Petroleum Limited Oil & Gas Exploration Companies 232.83 +1.01% Rs 634B 6.4× 3.65% −1.15% +21.15% Sideways
LUCK Lucky Cement Limited Cement 424.34 +0.13% Rs 622B 13.3× 1.18% −10.66% −10.90% Leaning Down
ENGROH Engro Holdings Limited Inv. Banks / Inv. Cos. / Securities Cos. 265.54 +0.66% Rs 320B 50.9× +11.91% +12.07% Sideways
HUBC The Hub Power Company Limited Power Generation & Distribution 205.56 +0.51% Rs 267B 10.9× 12.16% −7.15% −2.08% Leaning Down
EFERT Engro Fertilizers Limited Fertilizer 192.87 +0.97% Rs 258B 12.5× 6.35% −14.79% −10.28% Leaning Up
SYS Systems Limited Technology & Communication 121.69 +0.40% Rs 179B 24.2× 1.64% −28.79% −16.62% Leaning Down
PSO Pakistan State Oil Company Limited Oil & Gas Marketing Companies 352.54 +1.06% Rs 166B 3.8× 2.84% −25.65% −22.97% Leaning Down
FCCL Fauji Cement Company Limited Cement 54.41 +0.65% Rs 133B 8.2× 2.76% −2.75% −5.67% Sideways
ATRL Attock Refinery Limited Refinery 1,173.72 +4.52% Rs 125B 5.7× 0.64% +71.74% +74.75% Leaning Up
SAZEW Sazgar Engineering Works Limited Automobile Assembler 1,742.20 +0.08% Rs 105B 4.5× 2.87% +2.37% +1.81% Trending Down
MLCF Maple Leaf Cement Factory Limited Cement 96.07 −0.12% Rs 101B 11.9× −18.19% −10.19% Leaning Down
DGKC D.G. Khan Cement Company Limited Cement 199.97 −0.12% Rs 87.6B 7.7× 1.00% −13.02% −20.90% Leaning Down
PRL Pakistan Refinery Limited Refinery 95.88 +9.79% Rs 60.4B 3.8× +161.68% +171.15% Leaning Up
SNGP Sui Northern Gas Pipelines Limited Oil & Gas Marketing Companies 93.00 +2.24% Rs 59B 4.0× 3.23% −22.19% −33.08% Trending Down
AIRLINK Air Link Communication Limited Technology & Communication 127.85 +0.09% Rs 50.5B 13.4× 5.08% −24.53% −20.11% Leaning Down
SEARL The Searle Company Limited Pharmaceuticals 84.16 +1.83% Rs 49.5B 18.5× −29.85% −17.56% Trending Down
NML Nishat Mills Limited Textile Composite 133.46 −0.27% Rs 46.9B 9.3× 1.50% −24.42% −17.54% Trending Down
GHNI Ghandhara Industries Limited Automobile Assembler 1,091.52 +1.32% Rs 46.5B 6.7× 0.92% +38.38% +24.83% Leaning Down
NRL National Refinery Limited Refinery 564.98 +7.58% Rs 45.2B 7.3× +37.33% +50.52% Leaning Up
FFL Fauji Foods Limited Food & Personal Care Products 14.97 +2.05% Rs 37.7B 34.8× −27.61% −30.40% Trending Down
PAEL Pak Elektron Limited Cable & Electrical Goods 37.03 +0.54% Rs 34.2B 10.4× −35.42% −32.34% Trending Down
HCAR Honda Atlas Cars (Pakistan) Limited Automobile Assembler 222.68 −0.30% Rs 31.8B 6.5× 4.04% −18.88% −23.44% Leaning Down
GAL Ghandhara Automobiles Limited Automobile Assembler 538.48 +0.11% Rs 30.7B 8.9× 1.86% −2.05% −11.97% Leaning Down
SSGC Sui Southern Gas Company Limited Oil & Gas Marketing Companies 24.46 +3.51% Rs 21.5B 2.04% −31.90% −44.50% Trending Down
CPHL Citi Pharma Ltd. Pharmaceuticals 74.95 −0.53% Rs 17.1B 15.6× 4.67% −11.41% −23.13% Sideways
TREET Treet Corporation Limited Food & Personal Care Products 23.06 +2.26% Rs 8.6B 9.7× −26.98% −12.82% Sideways

Membership is the exchange's; prices, valuation and returns are Equivest's PSX data as of 23 Sep 2026. Trend is a description of the price series, not advice — how it is computed.

Quick answers

What is the KMI-30 (Shariah) index level today?

The KMI-30 (Shariah) closed at 246,825.53 on 23 Sep 2026, +2160.35 points (+0.88%) on the session.

How has the KMI-30 (Shariah) performed this year?

Year to date the KMI-30 (Shariah) is −0.69%; over one year +5.30%; since 2016 +260.78%. Its highest close in the series is 269,497 on 23 Jan 2026.

Which companies are in the KMI-30 (Shariah)?

30 companies as of 23 Sep 2026, the largest being OGDC, MEBL, FFC, MARI, PPL. 65% of the index value sits in oil & gas exploration companies, fertilizer, commercial banks. The full list, with each company price, valuation and returns, is on this page.

See also: KSE-100 · every PSX index · how KMI-30 screening works.

Data from PSX via Equivest, delayed and provided for information only — not investment advice. Figures may contain errors; verify with your broker before acting. As of .

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