Sindh Modaraba (SINDM)
MODARABAS
50.46
4.34 (+9.41%)
Updated 2 days ago
52-week range
Yes, SINDM is Shariah compliant. Sindh Modaraba is a constituent of the KMI All Shares Islamic Index published by the Pakistan Stock Exchange. It last traded at 50.46 PKR, up +9.41% on the day, in the MODARABAS sector.
AI analysis
HoldRefreshed 3 days agoSindh Modaraba Sustains Strong Uptrend Amid Positive Market Momentum
Sindh Modaraba operates as an Islamic financial institution, providing Shariah‑compliant investment services. The share price has been on a robust uptrend, trading above both its 50‑ and 200‑day averages and showing strong recent gains.
Bull case
If the broader Pakistani economy continues to benefit from export‑led growth and structural reforms, investor confidence in Islamic financial products could rise, supporting the share price. A favorable outcome of the upcoming corporate action could also reinforce investor sentiment.
Bear case
Market volatility, potential macroeconomic slowdown, or changes in regulatory policy could weigh on the stock. Elevated valuation relative to the sector and the risk of a pullback from the upper end of its 52‑week range pose additional concerns.
Today
| Open | 48.00 |
|---|---|
| Day high | 50.73 |
| Day low | 44.00 |
| Previous close | 46.12 |
| Volume | 199.8K |
| 30-day average volume | 123.4K |
Technicals
| RSI (14) | 66.6 |
|---|---|
| 20-day average | 38.79 |
| 50-day average | 31.81 |
| 200-day average | 25.80 |
| Support | 50.07 |
| Resistance | 50.93 |
| Daily volatility | 6.4% |
Trend: Strong uptrend
What these numbers meanPerformance
| 1 week | +0.80% |
|---|---|
| 1 month | +86.10% |
| 3 months | +121.20% |
| 1 year | +169.60% |
Upcoming
- ARM on 2026-10-20
Is SINDM Shariah compliant?
Sindh 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.