Wasl Mobility Modaraba (WASL)
MODARABAS
6.56
0.37 (+5.98%)
Updated 2 days ago
52-week range
Yes, WASL is Shariah compliant. Wasl Mobility Modaraba is a constituent of the KMI All Shares Islamic Index published by the Pakistan Stock Exchange. It last traded at 6.56 PKR, up +5.98% on the day, in the MODARABAS sector.
AI analysis
HoldRefreshed 3 days agoWASL: Modaraba in Uptrend, Mid-Range Position, Awaiting ARM
Wasl Mobility Modaraba offers Shariah-compliant investment in the mobility sector. Shares trade above both 50- and 200-day averages, reflecting a sustained uptrend with steady volume.
Bull case
A continued export-driven growth in Pakistan could boost demand for mobility financing, supporting the Modaraba’s asset base. Successful completion of the upcoming ARM would improve liquidity and broaden the investor base.
Bear case
A slowdown in economic activity or adverse regulatory changes could reduce demand for mobility projects, pressuring returns. The ARM could also introduce refinancing risk if market conditions shift unfavorably.
Today
| Open | 6.16 |
|---|---|
| Day high | 7.09 |
| Day low | 6.16 |
| Previous close | 6.19 |
| Volume | 15.7M |
| 30-day average volume | 1.6M |
Technicals
| RSI (14) | 65.4 |
|---|---|
| 20-day average | 5.86 |
| 50-day average | 6.18 |
| 200-day average | 5.73 |
| Support | 6.47 |
| Resistance | 6.63 |
| Daily volatility | 2.8% |
Trend: Uptrend
What these numbers meanPerformance
| 1 week | +11.90% |
|---|---|
| 1 month | +12.70% |
| 3 months | +9.50% |
| 1 year | -25.50% |
Upcoming
- ARM on 2026-10-28
Is WASL Shariah compliant?
Wasl Mobility 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.