Popular Islamic Modaraba (PIM)
MODARABAS
67.01
6.08 (+9.98%)
Updated 16 hours ago
52-week range
Yes, PIM is Shariah compliant. Popular Islamic Modaraba is a constituent of the KMI All Shares Islamic Index published by the Pakistan Stock Exchange. It last traded at 67.01 PKR, up +9.98% on the day, in the MODARABAS sector.
AI analysis
WatchRefreshed yesterdayPopular Islamic Modaraba maintains strong uptrend amid supportive market backdrop
Popular Islamic Modaraba, a Shariah‑compliant modaraba listed on the PSX, has been trading above both its 50‑ and 200‑day moving averages, reflecting a sustained bullish trend. The stock has posted significant gains over the past year and remains well positioned within its 52‑week range.
Bull case
If export‑driven growth continues and foreign investment flows into Pakistan, the modaraba could benefit from increased demand for Shariah‑compliant financial products, reinforcing its upward momentum and supporting further upside.
Bear case
The stock’s proximity to the upper end of its 52‑week range and its relatively high daily volatility raise the risk of a short‑term correction, while any slowdown in the broader economy or tightening of regulatory conditions could weigh on investor sentiment.
Today
| Open | 63.48 |
|---|---|
| Day high | 67.02 |
| Day low | 58.00 |
| Previous close | 60.93 |
| Volume | 110.2K |
| 30-day average volume | 68.1K |
Technicals
| RSI (14) | 57 |
|---|---|
| 20-day average | 59.27 |
| 50-day average | 49.07 |
| 200-day average | 28.71 |
| Support | 65.59 |
| Resistance | 68.48 |
| Daily volatility | 9.3% |
Trend: Strong uptrend
What these numbers meanPerformance
| 1 week | +4.70% |
|---|---|
| 1 month | +9.60% |
| 3 months | +192.60% |
| 1 year | +174.10% |
Upcoming
- ARM on 2026-10-23
Is PIM Shariah compliant?
Popular Islamic Modaraba 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.