Burj Clean Energy Modaraba(GEM) (GEMBCEM)
MODARABAS
11.80
0.91 (+8.36%)
Updated 2 days ago
52-week range
Yes, GEMBCEM is Shariah compliant. Burj Clean Energy Modaraba(GEM) is a constituent of the KMI All Shares Islamic Index published by the Pakistan Stock Exchange. It last traded at 11.80 PKR, up +8.36% on the day, in the MODARABAS sector.
AI analysis
HoldRefreshed yesterdayGEM: Modaraba in Uptrend, Nearing 52‑Week Midpoint Amid Positive Macro Signals
Burj Clean Energy Modaraba (GEM) operates as a Shariah‑compliant investment vehicle focused on clean‑energy projects in Pakistan. The share price remains above both its 50‑ and 200‑day moving averages and has gained nearly half its annual range, reflecting a sustained uptrend.
Bull case
If the uptrend continues and macro‑economic reforms sustain export growth, the modaraba could benefit from increased investor demand and the upcoming ARM payout, reinforcing its valuation.
Bear case
Risks include potential market volatility, a slowdown in Pakistan’s export‑driven growth, and the uncertainty surrounding the 2026 ARM payout, which could weigh on sentiment.
Today
| Open | 11.80 |
|---|---|
| Day high | 11.80 |
| Day low | 11.80 |
| Previous close | 10.89 |
| Volume | 500 |
| 30-day average volume | 1.5K |
Technicals
| RSI (14) | 53 |
|---|---|
| 20-day average | 11.46 |
| 50-day average | 11.62 |
| 200-day average | 10.73 |
| Support | 11.50 |
| Resistance | 11.97 |
| Daily volatility | 5.4% |
Trend: Uptrend
What these numbers meanPerformance
| 1 week | +4.90% |
|---|---|
| 1 month | +6.80% |
| 3 months | +10.30% |
| 1 year | +47.50% |
Upcoming
- payout 6%(F) (D), book closure 2026-10-19
- payout 6%(F) (D), book closure 2026-10-19
- ARM on 2026-10-26
Is GEMBCEM Shariah compliant?
Burj Clean Energy Modaraba(GEM) is a constituent of the KMI All Shares Islamic Index, the Shariah-screened index published by the Pakistan Stock Exchange. On that basis it passes the exchange's Shariah screen. Index membership is reviewed periodically, and this page reflects the latest published list.
This is a description of index membership, not a religious ruling. Consult a qualified scholar for guidance on your own circumstances. How the screen works.
Other MODARABAS stocks
SmartSarmaya is an educational research tool, not a licensed financial adviser and not a source of religious rulings. Shariah status reflects membership of the KMI All Shares Islamic Index published by the Pakistan Stock Exchange. Always do your own research.