KMI 30 Index

Pakistani stock market index

KMI 30 IndexFoundation| 2008 (2008)

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Operator| Karachi Stock Exchange Limited
Exchanges| Karachi Stock Exchange
Constituents| 30
Weighting method| Capitalization-weighted index

KMI 30 Index is a stock market index on the Pakistan Stock Exchange in Pakistan of thirty companies that have been screened for Islamic Shariah criteria.The index was introduced in 2009[1] and the base period for this Islamic index is 30 June 2008. It was created as a joint effort by the Karachi Stock Exchange (now known as Pakistan Stock Exchange) and Al-Meezan Investment Bank (now known as Meezan Bank Limited).[2]

The index is calculated using free float market capitalization. At any point in time, the level of the index reflects the free float market value of selected Shariah-compliant shares in comparison with the base period. KMI-30 is recomposed semi-annually.

## Selection criteria

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For any stock to be "Shariah compliant" it must meet all of the following six criteria:

1. Business of the company
2. Debt to total assets
3. Illiquid assets to total assets
4. Net liquid assets to share price
5. Non-compliant investments to total assets
6. Non-compliant income to total revenue

## Constituents

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### Current

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* Air Link Communication
* Attock Refinery
* DG Cement
* Engro Fertilizers
* Engro Holdings
* Engro Polymer
* Faysal Bank
* Fauji Cement
* Fauji Foods
* Ghandhara Industries
* Honda Atlas Cars
* Hub Power
* K-Electric
* Lucky Cement
* Mari Petroleum
* Meezan Bank
* Maple Leaf Cement
* Millat Tractors
* National Refinery
* Oil & Gas Development Company
* Pak Elektron
* Pioneer Cement
* Pakistan Petroleum Limited
* Pakistan Refinery Limited
* Pakistan State Oil
* Sazgar Engineering Works
* The Searle Company Limited
* Sui Northern Gas Pipelines
* Systems Limited
* Unity Foods

### Former

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* Cherat Cement Company Limited
* Dolmen City REIT
* Interloop Limited
* NetSol Technologies Limited
* Nishat Mills Limited
* Shell Pakistan Limited
* TPL Properties Limited

## See also

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* KSE-30
* KSE-100

## References

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1. ^ "KSE Meezan Index Fund".
2. ^ "No, the stock market is not an accurate indicator of the economy". Profit by Pakistan Today. 22 August 2021.

## External links

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* Official website
* Impact of Interest Rate, Inflation Rate, Exchange Rate and Gold Prices on Karachi Meezan Index 30

* v
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KMI-30 companies of Pakistan

* Air Link Communication
* Attock Refinery
* DG Cement
* Engro Fertilizers
* Engro Holdings
* Engro Polymer
* Fauji Cement
* Fauji Foods
* Faysal Bank
* Ghandhara Industries
* Hubco
* Honda Atlas Cars
* K-Electric
* Lucky Cement
* Mari Energies
* Maple Leaf Cement
* Meezan Bank
* Millat Tractors
* National Refinery
* Oil & Gas Development Company
* Pakistan Petroleum Limited
* Pakistan Refinery Limited
* Pakistan State Oil
* PEL
* Pioneer Cement
* Sazgar
* SNGPL
* Systems Limited
* Unity Foods

As of January 2025
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