Fatawah & Shariah screening resources
The exact methodology PSX and Al Meezan use to screen every stock in KMI-30, the All Shares Islamic Index, and MZNPI — sourced directly from official PSX brochures and notices, so you can see the reasoning for yourself, not just take our word for it.
Original source documents
Every claim on this page is drawn from these official PSX and Al Meezan publications. Download and read them directly — we'd rather you verify than just trust us.
KMI-30 Index Methodology
Official free-float methodology, eligibility criteria, and corporate action adjustments.
All Shares Islamic Index of Pakistan
Full screening methodology for PSX's broadest Shariah-compliant index.
Meezan Pakistan Index (MZNPI) Brochure
Methodology for the 12-stock Shariah-compliant benchmark derived from KMI-30.
PSX Notice N-065 — MZNPI Recomposition
A real recomposition notice showing incoming/outgoing constituents and updated weights.
Shariah Disclosures by Listed Companies
PSX notice N-1419 listing company-level Shariah compliance disclosures.
PSX Investors Zone does not issue fatawah or Shariah rulings. These documents are published by Pakistan Stock Exchange and Al Meezan Investment Management Limited. For a personal ruling on your own investments, consult a qualified Shariah advisor.