Oct 19, 2026, 1:07 PM
Waves Corporation submits revised Shariah disclosures for the six months ended June 30, 2026
Auditor / CertificateWaves Corporation submitted revised standalone and consolidated Shariah-related disclosures for the six-month period ended June 30, 2026, following a PSX request for clarification. The accompanying schedules report Shariah-compliant bank balances and financing, and profit earned from Shariah-compliant bank deposits.
Key Findings
- The revised disclosure was submitted on October 19, 2026, in response to a PSX letter dated September 11, 2026.
- Standalone Shariah-compliant bank deposits/balances were Rs. 1,155.821 million at June 30, 2026, compared with Rs. 39.548 million at December 31, 2025.
- Consolidated Shariah-compliant bank deposits/balances were Rs. 1,162.952 million at June 30, 2026, compared with Rs. 55.760 million at December 31, 2025.
- Consolidated Shariah-compliant long-term financing was Rs. 502.774 million at June 30, 2026; short-term financing was Nil. These are Shariah disclosures, not a financial-results announcement.
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Highlights summarize the key points from the company's official PSX filing. View the original filing for the complete details before making financial decisions.