I'm not too familiar with Isma'il I coinage. However, I think you are correct and it is a .5 Shahi/1 Puli, A#2577. I think the mint is cut off the bottom left of the flan.
My eyes must be playing tricks on me because I think I see some digits on the portion containing the Kalima, which is unusual.
I couldn't find any too similar on Zeno but I think you're heading in the right direction.