Crestwell Healthcare gets Shariah-compliance nod from Al-Hilal

Crestwell Healthcare Limited (PSX: CWHC) has received a Shariah-compliant classification from Al-Hilal Shariah Advisors, Mettis Global reported on November 10, 2026. The certificate followed a review of the company’s unaudited financial statements for the period ending September 30, 2026, which management supplied at Crestwell’s request.

The review found that Crestwell’s illiquid-assets ratio did not meet the stated threshold, but the advisory firm’s Shariah Supervisory Council allowed an exception in light of the company’s shift from power generation to pharmaceutical products. Al-Hilal said the classification reflected its own assessment and was not an SECP endorsement or directive. The certification concerns investment permissibility under the adviser’s criteria and relates to Crestwell’s pharmaceutical business.