4 articles tagged “Psx”

Only one PSX brokerage, ZLK Islamic, restricts you to Shariah-compliant stocks. KTrade publishes its commission; most others do not. The apps, CDC fees, index lists and the features to switch off.
Pakistan has exactly two Shariah-compliant ETFs. Al Meezan's MZNPETF and Mahaana's MIIETF compared on fees, tracking gaps, holdings and size, with the numbers both publish.
Buying screened shares on the PSX is halal per mainstream scholars. The KMI-30 index applies six published tests, and two Shariah ETFs now track compliant stocks. What qualifies and what does not.
A practical walkthrough of buying Shariah-compliant stocks on the Pakistan Stock Exchange: choosing a broker, screening with the KMI lists, and purifying your dividends.