The KMI-30 index tracks 30 of the largest and most liquid Shariah-compliant companies listed on the Pakistan Stock Exchange. It is the benchmark for Islamic equity funds in Pakistan and a starting point for investors who want to stay within Shariah screening rules. This page lists the 30 KMI-30 members in our data on 30 October 2026, with their share price, P/E ratio, dividend yield and market value.
KMI-30 stocks list
| # | Stock | Company | Sector | Price | P/E | Dividend yield | Market cap |
|---|---|---|---|---|---|---|---|
| 1 | OGDC | Oil & Gas Development Co. | Oil & Gas Exploration Companies | Rs 306.78 | 5.4x | 5.5% | Rs 1,319 bn |
| 2 | MEBL | Meezan Bank | Commercial Banks | Rs 528.61 | 10.1x | 5.6% | Rs 955 bn |
| 3 | FFC | Fauji Fertilizer Co. | Fertilizer | Rs 559.49 | 8.8x | 7.3% | Rs 805 bn |
| 4 | MARI | Mari Energies | Oil & Gas Exploration Companies | Rs 631.53 | 8.2x | 4.3% | Rs 758 bn |
| 5 | PPL | Pakistan Petroleum | Oil & Gas Exploration Companies | Rs 213.93 | 5.7x | 5.6% | Rs 582 bn |
| 6 | LUCK | Lucky Cement | Cement | Rs 391.38 | 6.4x | 1.3% | Rs 573 bn |
| 7 | ENGROH | Engro Holdings | Inv. Banks / Inv. Cos. / Securities Cos. | Rs 256.34 | 7.1x | – | Rs 309 bn |
| 8 | EFERT | Engro Fertilizers | Fertilizer | Rs 194.99 | 10.6x | 6.8% | Rs 260 bn |
| 9 | HUBC | Hub Power Co. | Power Generation & Distribution | Rs 193.18 | 4.9x | 10.4% | Rs 251 bn |
| 10 | SYS | Systems | Technology & Communication | Rs 109.15 | 13.7x | 1.8% | Rs 167 bn |
| 11 | PSO | Pakistan State Oil Co. Ltd. Class I | Oil & Gas Marketing Companies | Rs 355.44 | 3.5x | 2.8% | Rs 167 bn |
| 12 | FCCL | Fauji Cement Co. | Cement | Rs 52.28 | 7.2x | 5.7% | Rs 128 bn |
| 13 | ATRL | Attock Refinery | Refinery | Rs 1,088.78 | 2.7x | 1.6% | Rs 116 bn |
| 14 | MLCF | Maple Leaf Cement Factory | Cement | Rs 90.51 | 7.4x | – | Rs 95 bn |
| 15 | SAZEW | Sazgar Engineering Works | Automobile Assembler | Rs 1,400.25 | 3.6x | 3.9% | Rs 85 bn |
| 16 | DGKC | D.G. Khan Cement Co. | Cement | Rs 178.15 | 6.6x | 0.6% | Rs 78 bn |
| 17 | PRL | Pakistan Refinery | Refinery | Rs 96.96 | 2.1x | – | Rs 61 bn |
| 18 | SNGP | Sui Northern Gas Pipelines | Oil & Gas Marketing Companies | Rs 90.53 | 3.9x | 3.3% | Rs 57 bn |
| 19 | GHNI | Ghandhara Industries | Automobile Assembler | Rs 1,151.44 | 6.2x | 1.0% | Rs 49 bn |
| 20 | NRL | National Refinery | Refinery | Rs 555.44 | 7.2x | – | Rs 44 bn |
| 21 | AIRLINK | Air Link Communication | Technology & Communication | Rs 112.37 | 7.8x | 1.8% | Rs 44 bn |
| 22 | SEARL | Searle Company | Pharmaceuticals | Rs 73.77 | 63.3x | 1.4% | Rs 43 bn |
| 23 | NML | Nishat Mills | Textile Composite | Rs 123.00 | 3.0x | 1.6% | Rs 43 bn |
| 24 | FFL | Fauji Foods | Food & Personal Care Products | Rs 12.90 | 37.4x | – | Rs 33 bn |
| 25 | PAEL | Pak Elektron | Cable & Electrical Goods | Rs 32.33 | 7.3x | – | Rs 30 bn |
| 26 | GAL | Ghandhara Automobiles | Automobile Assembler | Rs 501.41 | 3.9x | 2.4% | Rs 29 bn |
| 27 | HCAR | Honda Atlas Cars (Pakistan) | Automobile Assembler | Rs 198.38 | 5.8x | 4.5% | Rs 28 bn |
| 28 | SSGC | Sui Southern Gas Co. | Oil & Gas Marketing Companies | Rs 22.53 | – | 2.2% | Rs 20 bn |
| 29 | CPHL | Citi Pharma | Pharmaceuticals | Rs 60.74 | 17.6x | – | Rs 14 bn |
| 30 | TREET | Treet Corp. | Food & Personal Care Products | Rs 23.46 | 10.1x | – | Rs 9 bn |
Sorted by market capitalisation. The largest sectors in the list are Cement (4), Automobile Assembler (4), Oil & Gas Exploration Companies (3), Oil & Gas Marketing Companies (3).
How companies qualify for the KMI-30
A company must first pass a Shariah screening. In broad terms, its core business must be permissible (no conventional banking, insurance, alcohol, tobacco or similar), its interest-bearing debt and non-compliant investments must be below set limits relative to its assets, and only a small share of its income can come from non-compliant sources. The 30 largest qualifying companies by free-float market value, subject to liquidity requirements, form the index. The list is reviewed twice a year, so members change.
Using the list
- Shariah compliance says nothing about whether a share is cheap. Compare the P/E ratio and dividend yield within each sector.
- On the dashboard, the KMI30 button in the Stocks tab and the “KMI-30 only” box in the screener filter everything to these companies.
- Each company has its own page with dividends and latest results: see the PSX stocks list.
Frequently asked questions
What is the KMI-30 index?
The KSE Meezan Index of 30 large, liquid Shariah-compliant companies on the Pakistan Stock Exchange, used as the benchmark for Islamic equity investing in Pakistan.
How often does the KMI-30 change?
The index is reconstituted twice a year, so companies can join or leave it.
Is a KMI-30 company automatically a good investment?
No. It means the company passed the Shariah screening and is large and liquid. Its valuation and quality still need checking.
Related terms
Bilal, Market Pulse Hub
Figures are from company results and closing prices up to 30 October 2026 and will change as new results and prices arrive. Ratios are our calculations or come from our financial data, and other sources may show slightly different values because of different definitions or dates. This article is for education only and is not investment advice.