Is Crescent Cotton Mills Limited (CCM) Sharia-Compliant (Halal)? June 2026 Screening
Crescent Cotton Mills Limited (CCM) in the Textile Spinning sector is considered Sharia-compliant (halal) based on the latest KMI All-Share screen.
It is included in the KMI All-Share Index of Sharia-compliant companies, so it passed both the business-activity test and the Sharia financial ratios at the latest review.
Crescent Cotton Mills Limited is a Pakistan Stock Exchange-listed company in the Textile Spinning sector. A stock's halal (Sharia) status depends on its business activity and financial ratios, not its share price or popularity.
What this means
The KMI All-Share Index is the Pakistan Stock Exchange's reference list of Sharia-compliant companies. A stock is included only if its business is permissible under Islamic principles and it passes the financial screens, primarily a low ratio of interest-bearing debt tomarket capitalisation and a negligible share of income from non-compliant sources. CCM currently meets these criteria.
Reference: KMI All-Share screen, notice PSX/N-659, effective 2026-06-05.
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A plain-English guide to investing the halal way.
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Every Sharia-compliant company on the Pakistan Stock Exchange.
BrowseFrequently asked questions
Is CCM halal to invest in?
Crescent Cotton Mills Limited (CCM) is considered Sharia-compliant (halal) under the latest KMI All-Share screen (2026-06-05). It is included in the KMI All-Share Index of Sharia-compliant companies, so it passed both the business-activity test and the Sharia financial ratios at the latest review. Always re-check the current screen before investing.
How is CCM screened for Sharia compliance?
CCM is assessed on two tests: whether its core business is permissible, and whether its financials pass the Sharia ratios (interest-bearing debt below ~33% of market cap and non-compliant income below ~5%). The KMI All-Share Index applies these tests.
This page is educational and not financial advice. Sharia classification can change at each review, verify CCM's current status on the official KMI screen before investing.