Is DWSM (DWSM) Sharia-Compliant (Halal)? — June 2026 Screening

DWSM (DWSM) 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.

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 to market capitalisation and a negligible share of income from non-compliant sources. DWSM currently meets these criteria.

Reference: KMI All-Share screen, notice PSX/N-659, effective 2026-06-05.

Other halal stocks on the PSX

Learn more

• What makes a stock Sharia-compliant?
• What does halal investing actually mean?
• The full halal PSX stock list

Frequently asked questions

Is DWSM halal to invest in?

DWSM (DWSM) 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 DWSM screened for Sharia compliance?

DWSM 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 DWSM's current status on the official KMI screen before investing.