FFC tops Mahaana Islamic Index with 15.5% weight after rebalancing

Mettis Global reported that the Pakistan Stock Exchange has revised the constituent weights of the Mahaana Islamic Index, using data dated October 15, 2026. The changes take effect on October 30 under PSX notice dated October 29.

Fauji Fertilizer Company leads the updated 30-stock index with a 15.50% allocation. Engro Holdings is next at 9.26%, followed by Meezan Bank at 7.72%; Hub Power and Oil & Gas Development Company carry 7.48% and 7.41%, respectively.

Other notable allocations include Lucky Cement at 6.93%, Mari Energies at 5.59% and Pakistan Petroleum at 5.53%. Pak Elektron has the smallest share, at 0.73%, while the listed constituents also include companies from banking, fertilizer, power, energy and other sectors.