Trust Modaraba (TRSM)
MODARABAS
14.14
-0.03 (-0.21%)
Updated 2 days ago
52-week range
Yes, TRSM is Shariah compliant. Trust Modaraba is a constituent of the KMI All Shares Islamic Index published by the Pakistan Stock Exchange. It last traded at 14.14 PKR, down +0.21% on the day, in the MODARABAS sector.
AI analysis
WatchRefreshed 2 days agoTrust Modaraba trades sideways, below key averages amid market uncertainty
Trust Modaraba operates within the Islamic finance sector, providing Shariah‑compliant investment services. The stock is currently trading below its 50‑ and 200‑day moving averages and sits near the lower end of its 52‑week range, reflecting a cautious market stance.
Bull case
If Pakistan’s export‑driven growth narrative gains traction and investor sentiment improves, the stock could benefit from a broader market rally. A successful capital raise through the upcoming rights issue may also strengthen the balance sheet and support a price rebound.
Bear case
Ongoing macro‑economic uncertainty and recent market sell‑offs weigh on the stock, which remains below major moving averages and has underperformed over the past year. A lack of upside momentum and potential dilution from the rights issue could further pressure the price.
Today
| Open | 14.17 |
|---|---|
| Day high | 14.94 |
| Day low | 14.00 |
| Previous close | 14.17 |
| Volume | 1M |
| 30-day average volume | 620.9K |
Technicals
| RSI (14) | 49.9 |
|---|---|
| 20-day average | 13.64 |
| 50-day average | 15.44 |
| 200-day average | 15.77 |
| Support | 14.05 |
| Resistance | 14.22 |
| Daily volatility | 2.9% |
Trend: Sideways
What these numbers meanPerformance
| 1 week | +1.60% |
|---|---|
| 1 month | +4.80% |
| 3 months | -8.70% |
| 1 year | -76.40% |
Upcoming
- ARM on 2026-10-22
Is TRSM Shariah compliant?
Trust 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.