Our Reference: SEC/D.7/020/22
March 25, 2022
The General Manager
Pakistan Stock Exchange Limited Stock Exchange Building
Stock Exchange Road Karachi.
Dear Sir
SHARIAH COMPLIANCE OF PAKISTAN OXYGEN LIMITED
We are pleased to inform that the securities of Pakistan Oxygen Limited (the "Company"), after having passed all the shariah screening filters and various criteria for shariah compliance including criteria of Pakistan Stock Exchange Limited, has been granted status of Shariah Compliant by Sháriah Supervisory Council of Al-Hilal Shariah Advisors. A copy of the Shariah Certificate issued in the name of the Company is attached.
Please inform the TRE Certificate Holders of the Exchange accordingly.
Yours truly
- (L
Syed Ali Adnan
Chief Financial Officer
End, as above
Copy to:The Executive Director/HOD Offsite-Il Department
Securities & Exchange Commission of Pakistan
Corporate Supervision Department-Company Law Division 63, NIC Building, Jinnah Avenue lslamabad
Pakistan Oxygen Limited (formerly Linde Pakistan Limited)
P.O.Box 4845 Dockyard Road, West Wharf, Karachi - 74000
Phone: +9221 3231 3361-9 I Fax: +9221 3231 2968 & 3231 1809 I Email:info.pk@pakoxygen.com I Web: www.pakoxygen.com
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-Shariah Advisors -
March 24, 2022
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SHARIAH COMPLIANCE OF PAKISTAN OXYGEN LIMITED
We, Al-Hilal Shariah Advisors (Pvt.) Limited, have conducted Shariah Compliance Screening of Pakistan Oxygen Limited based on the financial statements of December 31, 2021.
We have thoroughly analyzed the financial statement on the basis of various Shariah screening criteria including the criteria of the Pakistan Stock Exchange and the criteria issued by our Shariah Supervisory Council. In light of the information provided and our evaluation, we found that the company has passed all the shariah screening filters mentioned in the various criteria for shariah compliance of listed securities in Pakistan.
Hence it is resolved that the Shariah status of Pakistan Oxygen Limited is Shariah Compliant and it is permissible to invest in shares of Pakistan Oxygen Limited.
And Allah knows best
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For and on behalf of Al-Hilal Shariah Advisors (Pvt.) Limited.
Mufti lrsbadAhmed Aijaz
Council
Fa azl
ndukda, CFA
Chief Execu
Al-Hilal Shariah Advisors (Pvt) Limited
Suite 807. 8" Floor. Horizon Towers. Corn 2/6. Khayaban-e-Saadl. Block 03 Clifton, Karachi
Tal .92-21-35305931-37 Web w.alflhlalsa.corn
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Linde Pakistan Ltd. published this content on 25 March 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 25 March 2022 11:06:13 UTC.